Associate Claim Counsel, Employment Practices (Hybrid)

Travelers; Centennial (CO); Hybrid; USD 90,000 - 148,000; Full time

Benefits offered by this job

Health Insurance

Retirement Plan

Paid Time Off

Wellness Program

Volunteer Program

Job summary

Travelers Insurance is seeking an Associate Claim Counsel within Bond & Specialty Insurance. The role focuses on investigation, analysis, and disposition of claims with supervision, managing outside counsel, and collaborating with underwriting and other teams.

National footprint with a focus on employment practices liability. Expect to handle new and existing claims, negotiate settlements, and contribute to strategic initiatives while maintaining thorough documentation and compliance with

Qualifications

• 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.

Responsibilities

• Analyze, investigate, and resolve Bond & Specialty Claims of lower severity and complexity with close supervision, following operational policies.
• With close management supervision, retain, monitor, and manage outside counsel by actively utilizing incident response and/or litigation management plans and budgets, and negotiate settlements when appropriate.
• 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, as needed.
• Attend mediations, settlement conferences, trials, depositions to support claim resolution, and may attend other internal/external business meetings with supervision as needed.

Skills

Legal experience

Conflict resolution

Decision making

Verbal & written communication

Time management

Relationship building

Education

Bachelor's Degree

Juris Doctor Degree

Job description

Travelers Insurance is seeking an Associate Claim Counsel within Bond & Specialty Insurance. The role focuses on investigation, analysis, and disposition of claims with supervision, managing outside counsel, and collaborating with underwriting and other teams.

National footprint with a focus on employment practices liability. Expect to handle new and existing claims, negotiate settlements, and contribute to strategic initiatives while maintaining thorough documentation and compliance with