Bond and Specialty Insurance Claims Expert

6 days ago

Chicago, Illinois, United States 020 Travelers Indemnity Co Full time
About the Role

We are seeking a highly skilled and experienced Claim Counsel to join our Bond and Specialty Insurance team at 020 Travelers Indemnity Co. As a key member of our team, you will be responsible for conducting thorough investigations, analyses, and evaluations of claims and claim litigation to achieve superior customer service and optimize claim results.

Key Responsibilities
  • 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.
Requirements
  • 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.
What We Offer
  • Health Insurance: Employees and their eligible family members 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, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
  • 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.
About Us

020 Travelers Indemnity Co 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.

  • Commercial Property Claims Expert

    1 week ago

    Chicago, Illinois, United States HDI Global Insurance Company Full time

    Job OverviewHDI Global Insurance Company, a leading commercial property and casualty insurer based in Chicago, IL, is dedicated to providing a comprehensive range of insurance solutions. As a subsidiary of HDI Global SE, we leverage our extensive portfolio and international network to serve U.S.-based multinational companies effectively.The role of the...

  • Claims Advocate

    1 week ago

    Chicago, Illinois, United States HUB International Full time

    About HUB InternationalHUB International is a leading insurance broker that advises businesses and individuals on how to prepare for the unexpected. Our focus is dedicated to providing our customers with the peace of mind that what matters most will be protected — through unrelenting advocacy and tailored insurance solutions that put our clients in...

  • Commercial Property Claims Expert

    2 weeks ago

    Chicago, Illinois, United States The Ladders Full time

    Job TypeFull-timeDescriptionHDI Global Insurance Company operates as a commercial property and casualty insurer based in Chicago, IL. As a subsidiary of HDI Global SE, we manage the industrial lines division of the Talanx Group. Our extensive and adaptable portfolio of products and services, combined with our international network of local insurers across...

  • Senior Claims Adjuster

    5 days ago

    Chicago, Illinois, United States Aspen Insurance Group Full time

    About the RoleWe are seeking a highly skilled Senior Claims Adjuster to join our team at Aspen Insurance Group. As a Senior Claims Adjuster, you will play a critical role in managing healthcare claims across various jurisdictions, analyzing and addressing coverage issues, and drafting coverage position letters.Key Responsibilities:Manage healthcare claims...

  • Claims Associate

    4 days ago

    Chicago, Illinois, United States First Chicago Insurance Company (FCIC) Full time

    Job SummaryWe are seeking a highly skilled Claims Associate to join our team at First Chicago Insurance Company (FCIC). As a Claims Associate, you will play a critical role in ensuring the smooth operation of our Claims Department.The ideal candidate will possess excellent communication and interpersonal skills, with the ability to work effectively in a...

  • Claims Associate

    4 days ago

    Chicago, Illinois, United States Warrior Insurance Network Full time

    Job SummaryWe are seeking a highly skilled Claims Associate to join our team at Warrior Insurance Network. As a Claims Associate, you will play a critical role in assisting the Claims Department in achieving overall productivity and ensuring compliance with state mandated handling guidelines.Key ResponsibilitiesAssist adjusters in directing customers through...

  • Automobile Injury Claims Expert

    1 week ago

    Chicago, Illinois, United States First Chicago Insurance Company (FCIC) Full time

    Position OverviewWe are looking for a seasoned CLAIMS EXPERT with extensive experience in auto claims, particularly in nonstandard auto sectors. At First Chicago Insurance Company, we ensure that our professionals are REWARDED ACCORDINGLY.Role Summary:The Auto Bodily Injury Claims Specialist will play a crucial role in the assessment and resolution of...

  • Senior Claims Executive, International Insurance

    1 week ago

    Chicago, Illinois, United States HDI Global Insurance Company Full time

    Job OverviewHDI Global Insurance Company, a leading commercial property and casualty insurer, is seeking a highly skilled Executive Claims Specialist to manage complex claims across North America and Europe. Our organization, a subsidiary of HDI Global SE, offers a diverse range of insurance solutions tailored for U.S.-based multinational corporations.This...

  • Senior Claims Executive, International Insurance

    2 weeks ago

    Chicago, Illinois, United States HDI Global Insurance Company Full time

    Job OverviewHDI Global Insurance Company, a prominent commercial property and casualty insurer based in Chicago, IL, is seeking a Senior Claims Executive to oversee intricate North American claims with significant complexity and exposure. As a subsidiary of HDI Global SE, we leverage our extensive portfolio and international network to provide comprehensive...

  • Senior Claims Executive, International Insurance

    2 weeks ago

    Chicago, Illinois, United States HDI Global Insurance Company Full time

    Job OverviewHDI Global Insurance Company, a prominent commercial property and casualty insurer based in Chicago, IL, is seeking a Senior Claims Executive to oversee intricate North American claims with significant complexity and exposure. As a subsidiary of HDI Global SE, we leverage our extensive portfolio and international network to deliver diverse...

  • Professional Liability Claims Adjuster

    1 week ago

    Chicago, Illinois, United States TheBest Claims Solutions Full time

    Claims Adjuster - Professional LiabilityTheBest Claims Solutions is seeking a highly skilled Claims Adjuster to join our team in a Professional Liability role. This position involves handling complex claims with expertise and attention to detail.Key Responsibilities:Handle Professional liability claims with expertise and attention to detailMentor and train...

  • Property Claims Specialist

    4 days ago

    Chicago, Illinois, United States HDI Global Insurance Company Full time

    Job DescriptionCompany OverviewHDI Global Insurance Company is a leading commercial property and casualty insurer, headquartered in Chicago, IL. As a wholly owned subsidiary of HDI Global SE, we offer a wide range of domestic and global insurance solutions for U.S. based multinational companies.Job SummaryWe are seeking a highly skilled Property Claims...

  • Senior Claims Examiner for Cyber Insurance

    1 week ago

    Chicago, Illinois, United States Jobot Full time

    Senior Cyber Claims Examiner / Join Our Innovative TeamThis Jobot Job is hosted by: Jerome OuvierAre you a fit? Easy Apply now by clicking the "Apply Now" buttonand sending us your resume.Salary: $100,000 - $120,000 per yearAbout Us:We are a leading global specialty insurance provider, recognized for our unique and customized coverage solutions.Why Work...

  • Claims Resolution Expert

    6 days ago

    Chicago, Illinois, United States Sedgwick Full time

    About the RoleSedgwick is seeking a highly skilled Claims Resolution Expert to join our team. As a key member of our Advocacy Coordination Team, you will play a critical role in resolving complex claims and providing exceptional customer service to our clients.Key ResponsibilitiesClaims Resolution: Actively researches, resolves, and administers escalated...

  • PIP Claims Specialist

    2 weeks ago

    Chicago, Illinois, United States First Chicago Insurance Company Full time

    As a Personal Injury Protection ("PIP") Claims Specialist, your primary role will involve the assessment and management of claims submitted under the Personal Injury Protection coverage of insurance policies. You will be tasked with investigating claims, evaluating injuries, negotiating settlements, and ensuring adherence to applicable laws and...

  • Assistant Bond Manager

    3 days ago

    Chicago, Illinois, United States Old Republic Surety CO Full time

    About the RoleOld Republic Surety Company is seeking a highly skilled Assistant Bond Manager to join its Underwriting Team at its Chicago, IL Branch. As a key member of the team, you will play a crucial role in producing an underwriting profit and protecting against losses by proper risk selection and underwriting contract surety bonds.Key...

  • PIP Claims Evaluator

    2 weeks ago

    Chicago, Illinois, United States First Chicago Insurance Company (FCIC) Full time

    Job OverviewAs a Personal Injury Protection ("PIP") Claims Evaluator, your primary role will be to assess and manage claims associated with Personal Injury Protection coverage under various insurance policies. You will conduct investigations, evaluate injuries, negotiate settlements, and ensure adherence to applicable laws and regulations.Key...

  • Lead Claims Specialist

    2 weeks ago

    Chicago, Illinois, United States Aspen Insurance Group Full time

    Senior Claims AdjusterLocation: Flexible Work Options AvailableCompensation: Competitive Salary RangeAspen Insurance Group, established in 2002, stands as a prominent and diversified specialty insurance and reinsurance provider. Our approach is thoughtful and innovative, aiming to deliver optimal solutions for our clients and partners.We prioritize our work...

  • PIP Claims Specialist

    1 week ago

    Chicago, Illinois, United States First Chicago Insurance Company (FCIC) Full time

    Job OverviewAs a Personal Injury Protection ("PIP") Claims Specialist at First Chicago Insurance Company (FCIC), you will play a crucial role in the evaluation and management of claims associated with Personal Injury Protection coverage. Your responsibilities will include investigating claims, assessing injuries, negotiating settlements, and ensuring...

  • Lead Claims Specialist

    1 week ago

    Chicago, Illinois, United States Aspen Insurance Group Full time

    Senior Claims AdjusterLocation: Flexible - Hybrid or RemoteSalary Range: $135,960 - $169,950Aspen Insurance Group, established in 2002, has emerged as a prominent player in the specialty insurance and reinsurance sector. Our approach is characterized by thoughtful and innovative solutions tailored to meet the needs of our clients and partners.We prioritize a...