Senior Claim Counsel

Demonstrated 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.

Strong verbal and written communication skills with the ability to clearly articulate coverage determinations.

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.

What is a Must Have?

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

$139,400.00 - $230,000.00

Target Openings

1

What Is the Opportunity?

Bond & Specialty Insurance (BSI) provides management and professional liability, cyber, crime insurance, and surety bonds to or on behalf of businesses of all sizes. The BSI Claim Counsel team conducts thorough investigation, analysis, evaluation, and disposition of claims and claim litigation to achieve superior customer service and to optimize claim results. Travelers' Financial Institutions Team provides management liability coverage for diversified classes of financial institutions. As a valued member of our team, in addition to claim, you also will provide legal advice to our underwriting colleagues and non-attorney claim colleagues, and participate in BSI claim strategic initiatives.

Follow operational policies to analyze, investigate, and resolve BSI claims of varying levels of severity with limited supervision from claims management.

Prepare and present reports for management that accurately reflect loss development, potential/actual financial exposure, reserve adjustments, coverage issues, and claim and recovery strategies.

Retain, monitor, and manage outside counsel actively utilizing litigation management plans and budgets.

Communicate with underwriting on significant claim exposures.

Identify all recovery opportunities and coordinate recovery efforts with the Recovery Management Unit and Claim management.

Travel to and attend mediations, settlement conferences, claim conferences, field office visits, trials and depositions.

Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Job Category

Claim, Legal