Impress employers and recruiters.
Choose from hundreds of resume examples.
Impress employers and recruiters.
Choose from hundreds of resume examples.
Tailor your resume to this Associate Claim Counsel, Bond & Specialty Insurance role.
Rezi rewrites your resume against Travelers's job description. Free.
Tailor your resume to this Associate Claim Counsel, Bond & Specialty Insurance role.
Rezi rewrites your resume against Travelers's job description. Free.
Don't guess if your resume is good enough.
See how it scores against the Associate Claim Counsel, Bond & Specialty Insurance posting at Travelers — free, in seconds.
Don't guess if your resume is good enough.
See how it scores against the Associate Claim Counsel, Bond & Specialty Insurance posting at Travelers — free, in seconds.
About the Role
Travelers Insurance is seeking a motivated Associate Claim Counsel to join our Bond & Specialty Insurance team. This role involves investigating, analyzing, and resolving claims, managing outside counsel, and providing legal advice to underwriting colleagues. The position focuses on Employment Practices Liability matters with a national footprint.
Responsibilities
- Analyze, investigate, and resolve Bond & Specialty Claims of lower severity and complexity with close supervision, following operational policies.
- Retain, monitor, and manage outside counsel and other vendors by utilizing incident response and/or litigation management plans and budgets.
- Negotiate settlements when appropriate to ensure effective legal and/or claim outcomes, involving litigation matters of lower severity and complexity.
- Prepare management reports on loss development, financial exposure, and resolution strategies with a high degree of guidance from management.
- Develop and coordinate recovery efforts with the Recovery Management Unit to optimize loss mitigation opportunities.
- Attend mediations, settlement conferences, trials, and depositions to support claim resolution.
- Provide legal and business support to underwriting colleagues, including negotiating indemnity documentation, drafting product forms and endorsements, and reviewing contracts and bond forms.
- Support marketing and/or risk management efforts through broker visits and seminars.
- Ensure stakeholders/customers feel ‘secure, respected, and cared for’ throughout the duration of the claims process.
- Ensure compliance with BSI Claims processes, procedures, and best practices.
- Maintain thorough documentation of claim activities, decisions, and communications, adhering to record-keeping standards and confidentiality protocols.
- Acquire and maintain Insurance Adjuster License(s) to comply with state and Travelers’ requirements.
- Maintain an active legal license in the state of your principal office location and remain current with all Continuing Legal Education (CLE).
- Prepare timely and thorough coverage evaluations and correspondence to Insureds.
- Maintain and note claim files pursuant to company best practices.
- Perform other duties as assigned.
Requirements
- One to five years of relevant legal or claim handling work experience.
- Ability to effectively work through conflict and resolve issues with a professional demeanor.
- Ability to make sound decisions and negotiate terms and conditions within designated authority limit.
- Solid verbal and written communication skills with the ability to clearly articulate coverage determinations.
- Solid time management skills with the ability to manage multiple priorities with an attention to detail, data and analytics.
- Ability to build and maintain effective and collaborative relationships with colleagues, customers, and business partners.
- Valid driver’s license or access to alternative means of transportation to travel to mediations, conferences, field offices, trials, and/or depositions.
Skills
- Claim handling
- Legal advice
- Negotiation
- Communication
- Time management
- Attention to detail
- Data analysis
- Relationship building
Location
- Nationwide
Work Type
- Hybrid
Experience Level
- 1-5 years
Education Level
- Bachelor's Degree
- Juris Doctor Degree
Salary/Compensations
- $89,800.00 - $148,300.00
Benefits
- Health Insurance from day one
- 401(k) matching
- Student loan debt matching contribution to 401(k)
- Pension Plan
- 20 days Paid Time Off annually
- Nine paid company Holidays
- Wellness Program
- Mental health program
- Volunteer Encouragement programs
- Matching Gift and Volunteer Rewards program
About the Company
- Taking care of our customers, our communities and each other.
- A property casualty insurer with over 170 years of history.
- A culture rooted in innovation and thrives on collaboration.
- Bond & Specialty Insurance (BSI) provides management and professional liability, cyber, crime insurance, and surety bonds.
- Travelers’ Private/Non-Profit Team provides executive and organizational management liability coverage.
Equal Opportunity
- Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.
- In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.
- If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.
- Travelers reserves the right to fill this position at a level above or below the level included in this posting.