Associate Claim Counsel, Bond & Specialty Insurance

Who Are We? Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it. Job Category Claim, Legal Compensation Overview The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards. Salary Range$89,800.00 - $148,300.00 Target Openings1What Is the Opportunity? Travelers Insurance is seeking a highly motivated and knowledgeable Associate Claim Counsel to join our Bond & Specialty Insurance team. Bond & Specialty Insurance (BSI) provides management and professional liability, cyber, crime insurance, and surety bonds to or on behalf of businesses and/or nonprofits of all sizes. The BSI Claim Counsel team conducts thorough investigation, analysis, evaluation, and disposition of claims and claim litigation to achieve superior customer service and to optimize claim results. Travelers' Private/Non-Profit Team provides executive and organizational management liability coverage to privately held companies and non-profit entities of all types and sizes as well as certain governmental public entities. As an Associate Claim Counsel, you will effectively manage all assigned BSI claims, typically of lower severity and complexity within our organization, and with close supervision from management. You will manage outside counsel relationships, negotiate settlements, and ensure stakeholders are supported throughout the claims process. In addition to comprehensive claim and risk management, you also will provide legal advice and/or insight to our underwriting colleagues and non-attorney claim colleagues and participate in BSI claim strategic initiatives. This particular position will afford the successful candidate an exciting opportunity to shape a unique position within BSI Claim, focused on Employment Practices Liability matters. This position will have a national footprint and will handle a wide variety of claims from throughout the field regions. This Associate Claim Counsel will handle new claims, but may also manage existing claims due to the absence or departure of a claim professional. Travelers offers a hybrid work location model that is designed to support flexibility. This job does not manage others. As of the date of this posting, Travelers anticipates that this posting will remain open until October 29, 2026.What Will You Do? Analyze, investigate, and resolve Bond & Specialty Claims of lower severity and complexity with close supervision, following operational policies. With close management supervision, retain, monitor, and manage outside counsel (and other vendors, as applicable) by actively utilizing incident response and/or litigation management plans and budgets, and negotiate settlements when appropriate to ensure effective legal and/or claim outcomes, involving litigation matters of lower severity and complexity. Prepare management reports on loss development, financial exposure, and resolution strategies with a high degree of guidance from management. Develop and coordinate recovery efforts with the Recovery Management Unit to optimize loss mitigation opportunities, as needed. Attend mediations, settlement conferences, trials, depositions to support claim resolution, and may attend other internal/external business meetings with supervision as needed. With significant supervision, provide a variety of legal and business support to underwriting colleagues which varies by business unit and may include negotiating indemnity documentation, drafting product forms and endorsements, reviewing contracts and bond forms, all involving matters of lower complexity, and supporting marketing and/or risk management efforts through broker visits and seminars. Ensure stakeholders/customers feel 'secure, respected, and cared for' throughout the duration of the claims process. Ensure compliance with BSI Claims processes, procedures, and best practices. Maintain thorough documentation of claim activities, decisions, and communications, adhering to record-keeping standards and confidentiality protocols. To perform the essential functions of this job, acquisition and maintenance of Insurance Adjuster License(s) is required to comply with state and Travelers' requirements. Generally, license(s) must be obtained within three months of starting the job and must obtain ongoing continuing education credits as mandated. Additionally, the maintenance of an active legal license in the state of your principal office location and remaining current with all Continuing Legal Education (CLE) is required to perform this role.