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
Effectively manage all assigned Management Liability Third-Party claims of moderate complexity, including Employment Practices Liability and Directors & Officers Liability Bond claims. Fulfill Bond & Specialty Insurance ('Bond') Claim's mission by conducting a thorough investigation, analysis, evaluation and disposition of claims to achieve superior customer service and claim results at the most reasonable cost. Interact and collaborate with underwriting colleagues as well as with external business associates.

Primary Job Duties & Responsibilities
RESPONSIBILITIES CLAIM HANDLING: Maintain all necessary active adjusters licenses and remain current with all CE credit requirements. Within authority limit, analyze, investigate, negotiate and resolve low to moderate severity Bond claims with active supervision by claims management. Enhance decision making skills and confidence necessary to make appropriate decisions within own claim authority and to make appropriate recommendations to management when necessary. Learn operational policies, procedures, workflow and performance standards in order to comply with all regulatory and Bond customer service standards. Be accountable for accurate documentation/information in claim file and Bond Claim Management System (BCMS). Learn and adhere to Claim documentation standards (e.g. coverage analysis, reserve and settlement rationale, current diary). Prepare reports (e.g. Large Loss Memos, quarterly claim, EC, trial, class action) to management that accurately reflect loss development, potential/actual financial exposure, coverage issues, and claim and recovery strategies. Surety: Proactively optimize pre-loss recovery opportunities through indemnitors and collateral. Management Liability: Proactively optimize pre-loss recovery opportunities through identification of potential sources of recovery, to include potential responsible party, co-conspirators, beneficiaries and any third parties (Accountants and Banking Institutions, Scrap Yards, Employment Agencies, E&O, or other insurance, etc.). Identify all recovery opportunities and coordinate recovery efforts with the Recovery Management Unit and claims management. Within authority limit, retain, monitor, manage and approve payments to outside counsel on routine litigation matters, actively utilizing litigation management plans and budgets. Guidance is needed for non-routine litigation. Learn and utilize negotiating skills and strategies within a litigation and non-litigation context. Keep claims management apprised of all claims being handled, seeking input and guidance, as necessary, for prompt resolution. Communicate reserve adjustments to underwriting. Learn and develop product knowledge. Gain an overall understanding of all Bond Business Units and Travelers businesses. Recognize issues with broader implications to Bond and Travelers. Represent Surety or Management Liability Claim in claim strategic initiatives (or lead team); lead Surety or Management Liability Claim strategic initiatives. Share newsletters, webinar information, case analyses, results of defense counsels legal research and/or litigation strategies with underwriting, Claim and Claim management. RESPONSIBILITIES LEGAL SUPPORT: Maintain an active license in the state of your principal office location and remain current with all CLE credits. Provide legal support to business partners. Review and analyze Bond forms to provide input on legal advice and risk analysis to underwriting. Participate in drafting indemnity agreements and riders. Review transactional documents to provide legal advice and risk analysis to business partners. Review customer contracts to provide input on legal advice and risk analysis of contract language. Provide legal advice on litigation strategies. Research legal issues for business partners and claim team. Participate in drafting indemnity agreements and riders (Surety Claim). Maintain current knowledge of relevant legal issues and trends in the surety market place through review of legal publications.

Minimum Qualifications
Bachelors degree required. Juris doctorate degree required. Licensed to practice law in the state in which you will be working.

Education, Work Experience & Knowledge
Employment-law experience preferred.

Job Specific & Technical Skills & Competencies
COMPETENCIES COMMUNICATION: Strong communication (written and verbal), influencing, negotiating, listening and interpersonal skills to effectively develop productive internal and eventually external relationships. Effectively communicates with Bond colleagues. Ability to communicate decisions. COMPETENCIES LEGAL SUPPORT: Strong legal research skills. Effectively articulates legal issues to claim team, business partners and customers. COMPETENCIES TEAMWORK: Works well independently as well as in a team environment. Effectively collaborates with Bond colleagues. Develops skills to work with peers to resolve issues by listening for understanding, discussing all issues related to the situation, and coming to a solution. COMPETENCIES TECHNICAL ABILITY: Learns claim handling practices and skills. Develops understanding of legal aspects of the business and products. Learns litigation management and budgeting practices. Develops working knowledge of Bond technology tools. COMPETENCIES LEADERSHIP: Professional image. Respect and trust of colleagues. Well organized. Meets deadlines. Consistently demonstrates integrity and initiative. Takes accountability for development. Sense of urgency Takes ownership and responsibility for decisions and outcomes. Self-motivated.

Physical Requirements
Operates standard office equipment. Requires extended periods of computer use. Requires extended periods of sitting.

Licensing or Certificates
Maintain an active license in the state of your principal office location and remain current with all CLE credits.

Equal Employment Opportunity Statement
Travelers is an equal opportunity employer.