Claim Counsel - Recovery Management Unit

travelers

Base: $111,600.00 - $184,200.00; bonus/equity: per...
Commercial litigation experience
Subrogation and recovery analysis
Surety bond and cyber liability knowledge
The role involves conducting thorough investigations and managing litigation to optimize recoveries for Bond & Specialty Insurance lines

Job Summary

  • The role involves conducting thorough investigations and managing litigation to optimize recoveries for Bond & Specialty Insurance lines.
  • Employees will provide legal advice to underwriting colleagues and coordinate with outside counsel to manage complex recovery claims.
  • Travelers offers a comprehensive benefits package including dollar-for-dollar 401(k) matching up to 5% of eligible pay and a fully funded pension plan.

Matching Summary

The role involves conducting thorough investigations and managing litigation to optimize recoveries for Bond & Specialty Insurance lines.

Salary

Base: $111,600.00 - $184,200.00; Bonus/Equity: Performance-based cash incentive awards available; Benefits: Comprehensive health, 401(k) match, pension, PTO

Skills & Requirements

Must-have

  • Commercial litigation experience
  • Subrogation and recovery analysis
  • Surety bond and cyber liability knowledge
  • Litigation management and budgeting
  • Settlement agreement drafting

Nice-to-have

  • Collaborative team relationship building
  • Strategic initiative participation
  • Professional conflict resolution skills
  • Data analytics attention to detail
  • Innovation-driven culture fit

Key Requirements

  • Juris Doctorate Degree required
  • Five or more years commercial litigation experience
  • Active law license in working jurisdiction
  • Experience with surety bonds or cyber product lines preferred

Work Rights

Must be properly licensed to practice law in the jurisdiction

Tailored Resume

Cover Letter