Associate Claim Counsel Professional Liability Claims

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Associate Claim Counsel, Professional Liability Claims
The candidate will follow operational policies to analyze, investigate, and resolve BSI claims of varying levels of severity with active 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. Travel to and attend mediations, settlement conferences, claim conferences, field office visits, trials and depositions. Develop the ability to identify all recovery opportunities and coordinate recovery efforts with the Recovery Management Unit and Claim management. Refine policy interpretation/coverage analysis skills including drafting coverage opinions with case law included. Develop/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. Support underwriting marketing efforts, including participation in broker and account visits and risk mitigation seminars and authoring customer-focused white papers and articles. Obtain and maintain required adjusters’ licenses. Perform other duties as assigned. Travel occasionally. Should have 1-5 years of relevant legal or claim-handling work experience. Bachelor’s Degree and Juris Doctorate Degree. Properly licensed, registered or authorized, and in good standing, to practice law in the jurisdiction in which you will be working. 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 limits. 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 attention to detail, data and analytics. Ability to build and maintain effective and collaborative relationships with colleagues, customers, and business partners.

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