Senior EPL & D&O Claims Counsel

Travelers Insurance; Glendale (CA); Vor Ort; USD 112.000 - 184.000; Vollzeit

Benefits dieser Stelle

Health Insurance

401(k) matching

Pension plan

Paid Time Off

Wellness program

Volunteer rewards

Zusammenfassung

Travelers Insurance provides management and professional liability, cyber, crime insurance, and surety bonds through the Bond & Specialty Insurance (BSI) team. The Claims Counsel role focuses on thorough investigations, analysis, and disposition of BSI claims to achieve excellent service and favorable outcomes.

The ideal candidate will hold a Juris Doctorate, be properly licensed, and have 5+ years of relevant legal or claims experience with strong communication and negotiation skills.

Qualifikationen

• Five or more years of relevant legal or claim handling work experience.
• 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.

Aufgaben

• Follow operational policies to analyze, investigate, and resolve BSI claims of varying levels of severity with moderate 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.
• Continue to develop the ability to 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.
• Refine policy interpretation/coverage analysis skills including drafting coverage opinions with case law included.
• Strengthen the ability to negotiate settlements/resolutions, 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.

Kenntnisse

Legal experience

Conflict resolution

Decision making

Verbal communication

Time management

Ausbildung

Bachelor’s Degree

Juris Doctorate Degree

Jobbeschreibung

Travelers Insurance provides management and professional liability, cyber, crime insurance, and surety bonds through the Bond & Specialty Insurance (BSI) team. The Claims Counsel role focuses on thorough investigations, analysis, and disposition of BSI claims to achieve excellent service and favorable outcomes.

The ideal candidate will hold a Juris Doctorate, be properly licensed, and have 5+ years of relevant legal or claims experience with strong communication and negotiation skills.