- 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.
- 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.
- Bachelor's Degree.
- Juris Doctorate Degree.
- Properly licensed, registered or authorized, and in good standing, to practice law in the jurisdiction in which you will be working.
- Two years of relevant legal experience.
- Health Insurance: Employees and their eligible family members - including spouses, domestic partners, and children - are eligible for coverage from the first day of employment.
- Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
- Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
- Wellness Program: The Travelers wellness program is comprised of tools and resources that empower you to achieve your wellness goals. In addition, our Life Balance program provides access to professional counseling services, life coaching and other resources to support your daily life needs. Through Life Balance, you're eligible for five free counseling sessions with a licensed therapist.
- Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.
-
Director, Government Pricing
1 week ago
Teva Pharmaceuticals Parsippany, United StatesDate: May 31, 2024 · Location: · Parsippany, United States, New Jersey, 07054 · Job Id: 56165 · Who we are · Together, we're on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It's a mission that bonds our peo ...
-
Director, Government Pricing
2 weeks ago
Tevapharm Parsippany, United StatesPress Tab to Move to Skip to Content Link · Select how often (in days) to receive an alert: · Date: · May 31, 2024 · Location: · Parsippany, United States, New Jersey, 07054 · Job Id: · 56165 · Together, we're on a mission to make good health more affordable and accessible, t ...
-
Director Revenue Accounting Generics Brands
5 days ago
Teva Pharmaceuticals Parsippany, United StatesWho we are · Together, we're on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It's a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Wo ...
-
Director Revenue Accounting Generics Brands
1 week ago
Teva Pharmaceuticals Parsippany, United StatesWho we are · Together, we're on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It's a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Wo ...
-
Director, Government Pricing
3 weeks ago
Teva Pharmaceuticals Parsippany, United StatesParsippany, United States, New Jersey, 07054 · Job Id: 52842 · Who we are · Together, we're on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It's a mission that bonds our people across nearly 60 countries an ...
-
Director Revenue Accounting Generics Brands
3 weeks ago
Tevapharm Parsippany, United StatesPress Tab to Move to Skip to Content Link · Select how often (in days) to receive an alert: · Director Revenue Accounting Generics Brands · Date: · May 1, 2024 · Location: · Parsippany, United States, New Jersey, 07054 · Job Id: · 55088 · Together, we're on a mission to make ...
-
Assistant Director, Debt Finance
1 day ago
NYC Health + Hospitals New York, United StatesAbout NYC Health + Hospitals: · Empower Every New Yorker to Live a Healthy Life · NYC Health + Hospitals is the largest public health care system in the United States, serving over one million New Yorkers annually. Our facilities offer a wide range of health services, including o ...
-
DCM Liability Management Analyst/Associate
1 week ago
Crédit Agricole CIB New York, United States CDIJob description · Business type · Types of Jobs - Others · Job title · DCM Liability Management Analyst/Associate · Contract type · Permanent Contract · Job summary · Summary · Playing a key role in the origination and execution of liability management and bond transactions ...
-
Aircraft Leasing SVP Legal
2 weeks ago
GKR Search and Selection New York, United StatesWe are seeking an experienced SVP Legal for our client, a leading aircraft lessor. This role will oversee legal operations across the Americas, managing a team of attorneys, paralegals, and transaction managers. · Responsibilities: · Lead a team of attorneys and paralegals/trans ...
-
Noor Staffing Group New York, United States Full timeElite New York City animal hospital seeks a Licensed Clinical Social Worker (LCSW) to provide crisis intervention, emotional support and short term counseling to clients, oversee the organization's Quality-of-Life Initiative and Pet Loss Support Program, and collaborate with depa ...
-
City of New York The Bronx, United States Full timeOn June 16, , Governor Kathy Hochul signed the NYC Public Housing Preservation Trust Act, which authorized creation of the NYC Public Housing Preservation Trust (the Trust). The Trust is a public benefit corporation that will oversee the renovation and rehabilitation of the city' ...
-
Coordinator, Contract Administration
2 weeks ago
The Orchard New York, United StatesThe Coordinator, Contract Administration, will manage various elements of our clients' contracts and accounts. This is a highly responsible administrative position that sits between the legal, royalties and financial teams. Reporting to the Senior Manager, Client Administration, ...
-
Home Visitor, The Baby College GRADS
2 weeks ago
Harlem Children's Zone New York, United States Full timeHarlem Children's Zone (HCZ) — a world-renowned education and poverty-fighting organization based in New York — seeks an enthusiastic, dedicated, and mission-aligned Home Visitor for our Baby College GRADS Early Headstart Program. · The Home Visitor will bring a passion for the ...
-
Bankruptcy Auditor
2 days ago
FSA New York, United States Full timeFSA Federal (FSA) is focused on delivering unsurpassed services in support of law enforcement and homeland security. We currently have multiple potential vacancies for various levels of Bankruptcy Auditor/Financial Analyst positions. If you are looking for a meaningful, mission d ...
-
Manager, IndieMerch
2 weeks ago
Sony Music Entertainment New York, United StatesWe're looking for a Manager to join our IndieMerch team. As Manager, you'll grow our D2C e-commerce channel, manage website, merchandising, customer service, and analytics. You'll work with teams to develop strategies for sales and engagement, and shape our online store for music ...
-
Registered Nurse-Mother Baby-FT-Night Shift
1 week ago
Mission Hospital Morganton, United StatesIntroduction · Are you looking for a place to deliver the excellent care patients deserve? At Mission Hospital we support our colleagues in their positions. Join our Team as a Registered Nurse in Mother Baby and access programs to assist with every stage of your career. · The Mot ...
-
PJT Partners New York, United StatesResponsibilities · : The Debt Capital Markets Advisory Group originates, structures, and executes financings across the private and public debt markets for sponsor-backed, privately-owned, and public businesses across numerous industries. We have acted as a placement agent, an un ...
-
MUFG New York, United States Full timeDo you want your voice heard and your actions to count? · Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organization ...
-
Pharmacy Manager
3 weeks ago
UnitedHealth Group Astoria, United States Full time***$25, Sign-On Bonus and Relo*** · Opportunities with Genoa Healthcare. A career with Genoa Healthcare means you're part of a collaborative effort to serve behavioral health and addiction treatment communities. We do more than just provide medicine: we change lives for the bette ...
-
Scotiabank New York, United StatesRequisition ID: 195748 · Salary Range: 110, ,000.00 · Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate's relevant knowledge, skills, and experience. · Join a purpose dri ...
EPL & D&O Liability Claim Counsel Bond & SI - Parsippany, United States - Travelers Insurance
Description
Who Are We?
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 160 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.
Compensation Overview
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.
Salary Range
$105, $173,400.00Target Openings
1What 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. 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. Travelers Private/Non-Profit Team provides executive and organizational management liability coverage to privately held companies and non-profit entities of all types and sizes as well as certain governmental public entities.What Will You Do?
What Will Our Ideal Candidate Have?
What is a Must Have?
What Is in It for You?
Employment Practices
Travelers is an equal opportunity employer. We believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve. We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results.
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.
To learn more about our comprehensive benefit programs please visit
