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Specialty Claims Attorney
2 months ago
About Us
At Travelers, we prioritize the well-being of our clients, communities, and each other. This commitment has established us as a leading property casualty insurer for over 160 years. Join our team to experience a culture that values innovation and collaboration. Imagine a workplace where you truly enjoy what you do.
Job Category
Legal, ClaimsCompensation Overview
The annual base salary range for this position reflects a nationwide market range and encompasses a broad spectrum of salaries for this role across the country. The actual salary will be influenced by various factors, including the role's scope, complexity, and location; the candidate's skills, education, training, credentials, and experience; and other employment conditions. Our comprehensive compensation and benefits program also includes eligibility for performance-based cash incentive awards.
Salary Range
$105,000 - $173,400.00Target Openings
1What Is the Opportunity?
The Bond & Specialty Insurance (BSI) division offers management and professional liability, cyber, crime insurance, and surety bonds for businesses of all sizes. The BSI Claim Counsel team is dedicated to conducting comprehensive investigations, analyses, evaluations, and resolutions of claims to ensure exceptional customer service and optimize claim outcomes. Our First-Party Claim Team manages first-party claims, including Commercial Crime (Fidelity), Cyber Crime, Kidnap & Ransom, Public Official Bonds, and Identity Fraud/Theft. This team collaborates with various business units, including Private-Non-Profit, Public Companies, Financial Institutions, Insurance Companies, Investment Advisors, and Professional Liability sectors.What Will You Do?
Adhere to operational policies to analyze, investigate, and resolve BSI claims of varying severity with moderate supervision from claims management. Prepare and present management reports that accurately reflect loss development, potential/actual financial exposure, reserve adjustments, coverage issues, and claim and recovery strategies. Obtain and maintain necessary adjusters' licenses. Perform additional duties as assigned.What Will Our Ideal Candidate Have?
A minimum of five years of relevant legal or claims handling experience. Proven ability to navigate conflict and resolve issues with professionalism. Capacity to make informed decisions and negotiate terms within designated authority limits. Excellent verbal and written communication skills, with the ability to clearly articulate coverage determinations. Strong time management skills, capable of handling multiple priorities with attention to detail, data, and analytics. Ability to foster and maintain effective collaborative relationships with colleagues, clients, and business partners.What is a Must Have?
A Bachelor's Degree. A Juris Doctorate Degree. Proper licensing, registration, or authorization to practice law in the relevant jurisdiction. At least two years of pertinent legal experience.What Is in It for You?
Health Insurance: Coverage for employees and eligible family members, including spouses, domestic partners, and children, begins on 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 participate in the Paying it Forward Savings Program, where Travelers contributes to your 401(k) account based on your student loan payments. You are also eligible for a fully funded Pension Plan. Paid Time Off: Start your career with a minimum of 20 days of Paid Time Off annually, plus nine paid company holidays. Wellness Program: Our wellness program offers tools, discounts, and resources to help you achieve your wellness goals and caregiving needs. Additionally, our mental health program provides access to free professional counseling services, health coaching, and other resources to support your daily life. Volunteer Encouragement: We are deeply committed to the communities we serve and encourage employee involvement. Travelers offers a Matching Gift and Volunteer Rewards program to support charitable contributions.Employment Practices
Travelers is an equal opportunity employer. We believe that our workforce should reflect the diverse customers and communities we serve. We are dedicated to recruiting, retaining, and developing diverse talent and fostering an inclusive workplace that celebrates differences, promotes belonging, and collaborates to achieve extraordinary results.
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 our website.
