Senior Counsel, Surety at Berkshire Hathaway Specialty Insurance | Plymouth Meeting, United States | Rezi

Senior Counsel, Surety at Berkshire Hathaway Specialty Insurance

Senior Counsel, Surety

Berkshire Hathaway Specialty Insurance · Plymouth Meeting, United States

1 weeks ago

Senior Counsel, Surety

Berkshire Hathaway Specialty Insurance · Plymouth Meeting, United States

13 days ago
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About the Role

BHSI has an exciting opportunity for a Senior Counsel - Surety. This position will be part of the Legal Department and will interact with the entire Surety team to support BHSI’s business goals and contribute on a strategic level to our growing global surety business. The role will report to Vice President and Chief Counsel - Surety, and participate in managing all facets of underwriting support for BHSI’s contract and commercial surety business. The ideal candidate values working in a highly collaborative environment; simplicity over complexity and thinking outside of the box in providing practical solutions for underwriters, brokers, and customers. This position affords the opportunity to make significant and lasting contributions across all facets of our growing surety organization.

Responsibilities

  • Provide input and advice on risk and legal issues to surety underwriters and senior management to assist with risk assessment concerning all aspects of the surety business, including complex project delivery methods, contracts and bond forms, indemnity agreements, and other related underwriting documents and agreements.
  • Assist in the negotiation with brokers, bond customers, obligees, and other related parties in surety transactions.
  • Active involvement in Co-Surety relationships and responsible for Co-Surety Agreements and related documents.
  • Research laws and regulations that impact the underwriting of surety products.
  • Monitor legal and regulatory developments impacting the surety, construction business and commercial surety business.
  • Participate in developing and implementing training, resource materials and underwriting guidance for all surety professionals within the organization.
  • Assist in the development of business documents for Global surety growth, including new international surety markets.
  • Provide input and participate in new product development.

Requirements

  • Law degree required.
  • Admission to practice as a licensed attorney in the applicable jurisdiction required.
  • Time management, prioritization, and ability to balance competing priorities required.
  • Ability to function without significant oversight, and while navigating uncertainty.
  • Effective communication and interpersonal skills.
  • Ability to travel up to 30% of the time.
  • Ability to work within a team environment.
  • Must have strong verbal and written communication skills with the confidence and ability to collaborate with senior executives both internally and externally.
  • Strong negotiation, analytical and decision-making skills required.
  • Ability to identify and resolve problems to achieve strategic business results.

Skills

  • Surety claims
  • Surety and construction law
  • Surety underwriting support
  • National account experience
  • International surety experience
  • Negotiation
  • Analytical skills
  • Decision-making skills

Location

  • Atlanta
  • Boston
  • Chicago
  • Houston
  • Los Angeles
  • New York
  • Philadelphia
  • San Francisco
  • Remote

Work Type

  • Full-time

Experience Level

  • 10+ years’ experience in surety claims, surety and construction law, or surety underwriting support.
  • Senior

Education Level

  • Law degree
  • Business undergraduate degree
  • Engineering undergraduate degree
  • Finance undergraduate degree

Salary/Compensations

  • $180,000 to $240,000
  • Annual bonus eligibility

Benefits

  • Comprehensive Health, Dental and Vision benefits
  • Disability Insurance (both short-term and long-term)
  • Life Insurance (for you and your family)
  • Accidental Death & Dismemberment Insurance (for you and your family)
  • Flexible Spending Accounts
  • Health Reimbursement Account
  • Employee Assistance Program
  • Retirement Savings 401(k) Plan with Company Match
  • Generous holiday and Paid Time Off
  • Tuition Reimbursement
  • Paid Parental Leave

About the Company

  • A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world.
  • Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.
  • We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business.
  • We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work.
  • We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized.
  • Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world?
  • Learn more about our unique culture [https://bhspecialty.com/career/] and history [https://bhspecialty.com/who-we-are/].