Travelers

Senior Claim Counsel, Bond & SI

Travelers

New York, NY, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a seasoned insurance professional looking for a challenging and rewarding career opportunity? Look no further than Travelers, a leading provider of property and casualty insurance products. We are currently seeking a Senior Claim Counsel, Bond & SI to join our dynamic team. In this role, you will be responsible for managing complex and high exposure claims for our Bond and Specialty Insurance division. Our ideal candidate is a highly skilled and experienced attorney with a strong background in insurance law and a passion for delivering exceptional customer service. If you are ready to take your career to the next level, we encourage you to apply for this exciting opportunity.

  1. Manage complex and high exposure claims for Travelers' Bond and Specialty Insurance division.
  2. Utilize extensive knowledge of insurance law to evaluate, negotiate, and settle claims.
  3. Work closely with internal and external stakeholders to ensure timely and accurate resolution of claims.
  4. Conduct thorough investigations and analysis to determine coverage and liability.
  5. Provide guidance and mentorship to junior claim professionals.
  6. Collaborate with legal and underwriting teams to identify and address potential risk exposures.
  7. Maintain a high level of customer service by effectively communicating with policyholders, agents, and other parties involved in the claims process.
  8. Develop and implement strategies to mitigate losses and improve claim outcomes.
  9. Keep up-to-date with industry trends and regulatory changes to ensure compliance and best practices.
  10. Participate in training and development programs to enhance knowledge and skills.
  11. Adhere to company policies and procedures, as well as legal and ethical standards.
  12. Represent Travelers in mediations, arbitrations, and other legal proceedings as needed.
  13. Proactively identify and address potential issues or concerns that may impact the claims process.
  14. Continuously evaluate and improve claim handling processes and procedures.
  15. Support the company's mission and values by promoting a positive and inclusive work environment.
Where is this job?
This job is located at New York, NY, USA
Job Qualifications
  • Juris Doctor (J.d.) Degree From An Accredited Law School.

  • Minimum Of 8 Years Of Experience In Handling Complex Surety And Fidelity Claims.

  • Extensive Knowledge Of State And Federal Laws, Regulations And Court Procedures Related To Surety And Fidelity Claims.

  • Strong Negotiation And Communication Skills.

  • Experience Managing A Team Of Claims Professionals And Providing Mentorship And Guidance.

Required Skills
  • Negotiation

  • Relationship Building

  • Litigation management

  • Risk assessment

  • Contract review

  • Fraud detection

  • Legal Analysis

  • Policy Interpretation

  • Investigative Techniques

  • Claim Resolution

  • Coverage Determination

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Senior Claim Counsel, Bond & SI in New York, NY, USA is $130,000 - $180,000 per year. This salary range may vary depending on the specific company, industry, and level of experience of the individual. Some factors that may affect the salary range include the size and reputation of the company, the location of the job, and the candidate's education and qualifications.

Additional Information
Travelers is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedApril 3rd, 2024
Apply BeforeSeptember 18th, 2025
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About Travelers

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.

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