Company name
The Travelers Indemnity Company.
Experience
5 yrs required
Location
Rancho Cordova, CA, United States
Employment Type
Full-Time
Industry
Legal
Posted on
Nov 26, 2022
Profile
EPL and D&O Claim Counsel
The candidate will 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, and 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. Maintain license to practice law and remain current with all CLE credits. Perform other duties as assigned. Should have a Bachelor’s Degree; Juris Doctorate Degree; 2 years of relevant legal experience; 5+ 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.
Additional Information
Job Requisition Id: R-22711
Company info
The Travelers Indemnity Company.
2701 CITRUS RD STE C
Rancho Cordova
California
United States 95742
Website : https://www.travelers.com