EPL & D&O Claims Counsel — Associate

Travelers Canada; Hartford (CT); On-site; USD 90,000 - 148,000; Full time

Benefits offered by this job

Health Insurance

401(k) Match

Paid Time Off

Wellness Program

Job summary

Travelers Bond & Specialty Insurance (BSI) Claim Counsel team conducts investigations, analysis, and disposition of claims and provides legal advice to underwriting colleagues and non-attorney claim colleagues. The role participates in BSI claim strategic initiatives.

Travel to mediations, settlement conferences, claim conferences, field office visits, trials and depositions as needed. A JD with a license to practice law is required, plus 1–5 years of relevant experience and strong communication

Qualifications

• Follow operational policies to analyze, investigate, and resolve BSI claims with active supervision from claims management.
• Prepare and present reports for management that reflect loss development, potential/actual financial exposure, reserve adjustments, coverage issues, and claim and recovery strategies.
• Retain, monitor, and manage outside counsel with litigation management plans and budgets.
• Communicate with underwriting on significant claim exposures.
• Travel to mediations, settlement conferences, claim conferences, field office visits, trials and depositions.
• Develop the ability to identify recovery opportunities and coordinate with the Recovery Management Unit and Claim management.
• Refine policy interpretation/coverage analysis skills including drafting coverage opinions with case law included.
• Develop/strengthen the ability to negotiate settlements/recoveries, review releases and settlement agreements, including confidentiality and non-disclosure provisions.
• Support underwriting marketing efforts, including participation in broker and account visits and risk mitigation seminars and authoring customer-focused white papers and articles.
• Monitor marketplace conditions, conduct research, and draft reference materials to inform claim and underwriting colleagues on law impacting Travelers’ underwriting and claim decisions.
• Obtain and maintain required adjusters’ licenses.
• Perform other duties as assigned.

Responsibilities

• Analyze, investigate, and resolve BSI claims with supervision.
• Prepare management reports on loss development and exposure.
• Manage outside counsel with litigation plans and budgets.
• Coordinate with underwriting on significant exposures.
• Attend mediations, settlements, trials, and depositions.
• Identify recovery opportunities and coordinate with Recovery Management/Claim teams.
• Draft coverage opinions with relevant case law.
• Negotiate settlements and review releases and confidentiality provisions.
• Support underwriting marketing and write white papers.
• Monitor market conditions and draft reference materials.
• Maintain adjuster licenses.

Skills

Legal analysis

Negotiation

Communication

Time management

Education

Bachelor’s Degree

Juris Doctorate Degree

Job description

Travelers Bond & Specialty Insurance (BSI) Claim Counsel team conducts investigations, analysis, and disposition of claims and provides legal advice to underwriting colleagues and non-attorney claim colleagues. The role participates in BSI claim strategic initiatives.

Travel to mediations, settlement conferences, claim conferences, field office visits, trials and depositions as needed. A JD with a license to practice law is required, plus 1–5 years of relevant experience and strong communication