Skip to main content

This job has expired

Asst Account Executive

Employer
Travelers Insurance
Location
Hunt Valley, Maryland
Salary
Not Specified
Closing date
Aug 26, 2019

View more

Category
Claims, Sales
Job Type
Not Specified
Career Level
Not Specified

Job Details

Company Information
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.

Job Summary
Under moderate supervision, manages large exposure and/or complex environmental litigation/claims on a regional or national basis with the goal of developing the strategy for resolving a myriad of claim and coverage issues. Position requires development of advanced knowledge of legal issues (including a solid knowledge of applicable case law) for a number of jurisdictions. Factors contributing to the complexity of the claims include the nature of the underlying liability, the unique coverage issues presented, the existence of coverage disputes/litigation, the number of class-action and multi-plaintiff matters, volatile jurisdictions, the evolving nature of the legal decisions relating to the liability and coverage issues presented, the interpretation and application of complex settlement agreements and the highly technical nature of the coverage and liability issues. Will handle litigation and claims of moderate complexity and exposure within the range of SLG matters. This job does not manage others.

Primary Job Duties & Responsibilities
Coverage Research and Analysis - Responsible for researching policies and analyzing coverage. Prepares and reviews position with supervisor. Presents recommendations to management or coverage committee. Communicates coverage position to policyholders or their representatives. Liability Investigation and Analysis - Conducts thorough investigation and analysis of claim facts to determine liability. Applies knowledge of relevant legal concepts in jurisdiction to evaluation of damages and, in consultation with supervisor, develops recommendation for appropriate course of action. Litigation Management - In consultation with supervisor, develops and executes a strategic file management plan, including as appropriate: research and recommendation of counsel; litigation and resolution strategies; management of loss adjustment expenses; engagement of appropriate experts; use of proper settlement and release language. May attend meetings with counsel, settlement conferences. Account Management - Applies knowledge and understanding of assigned accounts in actions and decisions. Maintains effective working relationships with other account contacts; ensures claims and settlement agreements are handled in a consistent manner. Responsible for regular communication and reporting to coordinate / align actions on assigned accounts. Financial Analysis - Estimates financial exposures on an individual claim and account basis. Develops budgets and financial analyses, estimating defense expenses and/or indemnity. File Maintenance and Administrative Compliance - Maintains documentation and organization of claim files; maintains systems and data bases. Efficiently manages the file inventory. Other duties as assigned. Perform other duties as assigned.

Minimum Qualifications
HS Diploma / GED required. A minimum of 1 year of experience in claim, legal, insurance or environmental fields or satisfactory completion of 6-12 month SLG training claim training program required. In order to perform the essential functions of this job, acquisition and maintenance of Insurance License(s) may be required to comply with state and Travelers requirements. Generally, license(s) must be obtained within six months of starting the job.

Education, Work Experience & Knowledge
Bachelors degree is preferred. 2+ years of experience in claim, legal, insurance or environmental fields preferred.

Job Specific & Technical Skills & Competencies
REQUIRED BUSINESS COMPETENCIES Analytical Thinking: BASIC Communication: INTERMEDIATE Judgment & Decision-Making: BASIC Teamwork: BASIC REQUIRED JOB SPECIFIC COMPETENCIES Planning & Organizing: BASIC PREFERRED BUSINESS COMPETENCIES Accountability: INTERMEDIATE Analytical Thinking: INTERMEDIATE Change Management / Resilience: BASIC Communication: INTERMEDIATE Customer Focus: BASIC Judgment & Decision-Making: INTERMEDIATE Leveraging Differences: BASIC Relationship Management: BASIC Teamwork: INTERMEDIATE PREFERRED JOB SPECIFIC COMPETENCIES Business Perspective: BASIC Influences Others: BASIC Knowledge of Departmental Practices & Procedures: GENERAL knowledge Knowledge of Regulatory and Claim Environments: GENERAL knowledge Planning & Organizing: BASIC Technology: BASIC Working Independently: BASIC

Environmental/Work Schedules/Other
Travel (Occasionally)

Physical Requirements
Operates standard office equipment (Occasionally) Sitting (can stand at will) (Frequently) Standing (Occasionally) Lifting items up to 11-20 pounds/ (Occasionally) Use of Keyboards, Sporadic 10-Key (Continuously) Driving (Occasionally)

Equal Employment Opportunity Statement
Travelers is an equal opportunity employer.
To apply for this position please CLICK HERE

Company

Trav Banner

WHO WE ARE

Imagine a Career With Purpose.

For more than 160 years Travelers has earned a reputation as a leader in personal, business and specialty insurance because we take care of our customers. When you work at Travelers, life’s most important moments become your life’s work. That means helping families feel secure, businesses to prosper, knowing that you’ve made a difference, and feeling like you belong to something bigger.


LIFE AT TRAVELERS

Imagine Playing a Role in Something Bigger.

A career at Travelers means being part of a team comprised of 30,000 + talented and passionate people that’s evolving to meet changing needs – from customer service to data science and beyond. If that’s more than you imagined in an insurance career, it’s time to join us at Travelers.


JOIN OUR TALENT COMMUNITY
As a part of our Talent Community, you will receive customized job alerts, be the first to know about opportunities to work at Travelers, and stay connected with our recruiters!

 

 

Get job alerts

Create a job alert and receive personalized job recommendations straight to your inbox.

Create alert