EPL & D&O Liability Associate Claim Counsel - Job Summary:
The EPL & D&O Liability Associate Claim Counsel will be responsible for conducting thorough investigations and analyses of claims and claim litigation for the Bond & Specialty Insurance (BSI) team. This role will also provide legal advice to underwriting and non-attorney claim colleagues, as well as participate in strategic initiatives for BSI claims. The ideal candidate will have 1-5 years of relevant legal or claim handling experience, a Bachelor's degree, and a Juris Doctorate degree. This position offers a competitive salary and benefits package, including health insurance, retirement, and paid time off.
Responsibilities:
- Analyze and resolve BSI claims with supervision from claims management, following operational policies.
- Prepare and present reports for management on loss development, financial exposure, reserve adjustments, coverage issues, and claim and recovery strategies.
- Manage outside counsel and actively utilize litigation management plans and budgets.
- Communicate with underwriting on significant claim exposures.
- Attend mediations, settlement conferences, claim conferences, field office visits, trials, and depositions as needed.
- Identify and coordinate recovery opportunities with the Recovery Management Unit and Claim management.
- Refine policy interpretation and coverage analysis skills, including drafting coverage opinions with case law.
- Negotiate settlements and review releases and settlement agreements, including confidentiality and non-disclosure provisions.
- Support underwriting marketing efforts, including client visits and risk mitigation seminars.
- Stay updated on marketplace conditions and draft reference materials to inform underwriting and claim decisions.
- Obtain and maintain required adjusters' licenses.
- Perform other duties as assigned.
Qualifications:
- 1-5 years of relevant legal or claim handling experience.
- Bachelor's degree and Juris Doctorate degree.
- Properly licensed, registered or authorized, and in good standing, to practice law in the jurisdiction in which you will be working.
- Ability to effectively resolve conflicts and make sound decisions.
- Strong communication skills, both verbal and written.
- Time management skills and attention to detail.
- Ability to build and maintain relationships with colleagues, customers, and business partners.
Benefits:
- Competitive salary.
- Health insurance for employees and their eligible family members.
- Retirement plans, including a 401(k) with a matching contribution and a 100% funded Pension Plan.
- Paid time off, including 20 days annually and nine company holidays.
- Wellness program, mental health resources, and volunteer encouragement through a Matching Gift and Volunteer Rewards program.
Employment Practices:
Travelers is an equal opportunity employer and values diversity. We encourage candidates of all backgrounds to apply. In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions. If you have specific questions regarding the physical requirements of this role, please contact us for assistance. Travelers reserves the right to fill this position at a level above or below the level included in this posting.
H1: EPL & D&O Liability Associate Claim Counsel - Job Summary
H2: Responsibilities:
- Analyze and resolve BSI claims
- Prepare and present reports
- Manage outside counsel
- Communicate with underwriting
- Attend mediations, conferences, visits, trials, and depositions
- Identify and coordinate recovery opportunities
- Refine policy interpretation and coverage analysis skills
- Negotiate settlements and review agreements
- Support underwriting marketing efforts
- Stay updated on marketplace conditions
- Obtain and maintain required licenses
- Perform other duties as assigned
H2: Qualifications:
- 1-5 years of relevant experience
- Bachelor's and Juris Doctorate degree
- Properly licensed and in good standing to practice law
- Ability to resolve conflicts and make sound decisions
- Strong communication and time management skills
- Attention to detail
- Ability to build and maintain relationships
H2: Benefits:
- Competitive salary
- Health insurance for employees and eligible family members
- Retirement plans, including 401(k) and Pension Plan
- Paid time off and company holidays
- Wellness program and mental health resources
- Volunteer encouragement program
H2: Employment Practices:
- Equal opportunity employer
- Values diversity
- Encourages candidates of all backgrounds to apply
- No disclosure of educational institution information required in Colorado
- Contact for physical requirements assistance
- Right to fill position at different level
