Solid reputation, passionate people and endless opportunities.
That's Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.
Bond & Financial Products Field Claim Organization
Claim Counsel or Claim Executive Position
Location: Richardson, TX or Houston, TX
Committed. Competitive. Constructing our Future.
That's Travelers. We are one of the leading insurance companies in the United States. Our superior financial strength and consistent record of strong operating returns mean security for our customers and opportunities for our employees. You will find Travelers to be full of energy, and a workplace in which you truly can make a difference.
Dynamic professional sought with claim experience in handling moderate severity claim and/or litigation, to include Employment Practices Liability, Directors & Officers Liability, Fiduciary Liability and Fidelity/Commercial Crime. Within authority limit, thoroughly analyze, investigate, negotiate and resolve claims with moderate supervision, making appropriate recommendations to management when necessary. Provide world class customer service to our Insureds, Agents, Brokers and Underwriters.
Maintain timely and accurate file documentation/information in our claim management system as per claim handling best practices including coverage analysis, damage and liability evaluations, proactive claim/litigation resolution management and settlement rationale, claim file diary to ensure claim handling deadlines are met and preparation of required claim reports. Identify recovery management opportunities in the earliest stages of claim development. Within authority limit, retain, monitor, manage and approve payments to outside counsel actively utilizing litigation management plans and budgets. Maintain knowledge of coverage law, legislative and industry-related initiatives and judicial trends and provide claim updates and coverage interpretation to regional underwriters.
Strong and effective communication skills (written and oral), superior customer service skills, self motivated, excellent time management skills, highly developed multi-tasking skills, ability to work in a team environment and ability to successfully function independently are required.
Claims/litigation management experience - Professional/Executive Liability (i.e., Employment Practices Liability, Directors and Officers Liability, Fiduciary Liability, Lawyers Professional Liability) - Commercial Crime/Fidelity (i.e., employee embezzlement, Computer Fraud, Funds Transfer Fraud)
4 year college degree and/or 5+ years claims handling experience handling similar Executive/Professional Liability claims and/or Commercial Crime equivalent
Law degree optional
1st party insurance commercial claim or criminal investigation and/or accounting background and/or degree a plus
Salary and pay band may vary depending on experience.
Travelers is an equal opportunity employer. We actively promote a drug-free workplace.
Job Category : Claim
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