Claim Counsel, E&O and D&O

Welcome to Travelers, one of the leading insurance companies in the nation. We are currently seeking a highly skilled and experienced Claim Counsel to join our team and specialize in Errors and Omissions (E&O) and Directors and Officers (D&O) liability claims. As a Claim Counsel, you will play a vital role in protecting our clients and their businesses from potential legal and financial risks. We are looking for a dynamic individual with a strong legal background, excellent communication and negotiation skills, and a passion for delivering exceptional customer service. If you are ready to take on this challenging and rewarding role, we encourage you to apply today.

1. Investigate and evaluate E&O and D&O liability claims to determine coverage and liability.
2. Provide legal advice and guidance to internal and external stakeholders on complex claim issues.
3. Develop and implement strategies to effectively manage and resolve claims in a timely and cost-efficient manner.
4. Communicate with insureds, claimants, attorneys, and other parties involved in the claims process to gather information and negotiate settlements.
5. Review and analyze legal and insurance documents related to claims to ensure accuracy and completeness.
6. Collaborate with other departments and teams within the company to identify potential risks and develop preventative measures.
7. Keep up to date with relevant laws, regulations, and industry trends related to E&O and D&O liability claims.
8. Maintain accurate and detailed claim records and documentation.
9. Build and maintain strong relationships with clients and provide exceptional customer service.
10. Represent the company in legal proceedings, including mediation, arbitration, and trials, as needed.
11. Train and mentor junior team members on claim handling best practices and procedures.
12. Participate in special projects and initiatives to improve the overall claims process and customer experience.
13. Adhere to company policies and procedures, as well as industry standards and ethical guidelines.
14. Handle multiple tasks and priorities effectively while maintaining a high level of accuracy and attention to detail.
15. Collaborate with management to identify and implement strategies for continuous improvement and growth within the claims department.

According to JobzMall, the average salary range for a Claim Counsel, E&O and D&O in St Paul, MN, USA is $80,000-$110,000 per year. However, the actual salary may vary depending on the specific company, years of experience, and other factors. It is best to research the specific company and job requirements for a more accurate salary estimate.

The Travelers Companies, Inc., commonly known as Travelers, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents.