Travelers · 2 weeks ago
Associate Claim Counsel
Federal Way, WA
Full-time
Hybrid
Entry, Mid Level
$90K/yr - $148K/yr
1+ years expTravelers is a leading property casualty insurer with a commitment to customer care and community service. The Associate Claim Counsel will be responsible for analyzing and resolving bond claims, providing legal advice to underwriting colleagues, and participating in strategic initiatives within the claims team.
Auto InsuranceInsuranceProperty Insurance
Responsibilities
Follow operational policies to analyze, investigate, and resolve performance and payment bond claims of varying levels of severity with active supervision from claims management
Prepare and present reports for management that accurately reflect loss development, potential/actual financial exposure, reserve adjustments, coverage issues, and claim and recovery strategies
Retain, monitor, and manage outside counsel actively utilizing litigation management plans and budgets
Communicate with underwriting on significant claim exposures
Travel to and attend mediations, settlement conferences, claim conferences, field office visits, trials and depositions
Develop the ability to identify all recovery opportunities and coordinate recovery efforts with the Recovery Management Unit and Claim management
Provide legal review and advice to underwriters on bond obligations and project contract documents
Engage in account workout risk mitigation analysis, advise on mitigation strategies, and assist in execution of such strategies
Monitor account bankruptcy proceedings and document post-bankruptcy indemnity. Retain outside counsel where appropriate to protect or enforce surety rights
Negotiate the resolution of bonded obligations on defaulted contracts, and terms of agreements including takeover, completion, subcontractor ratification, financing and collateral
Conduct research, and draft reference materials to inform claim and underwriting colleagues on law impacting Travelers’ underwriting and claim decisions
Review documents pertaining to mergers, equity sales and asset sales to determine the legal status and ownership of indemnitors undergoing a change of control. Draft appropriate agreements to document indemnity changes related to such transactions
Support underwriting marketing efforts, including participation in broker and account visits and risk mitigation seminars and authoring customer-focused white papers and articles
Obtain and maintain required adjusters’ licenses
Perform other duties as assigned
Qualification
Required
One to five years of relevant legal or claim handling work experience
Ability to effectively work through conflict and resolve issues with a professional demeanor
Ability to make sound decisions and negotiate terms and conditions within designated authority limit
Strong verbal and written communication skills with the ability to clearly articulate coverage determinations
Time management skills with the ability to manage multiple priorities with an attention to detail, data and analytics
Ability to build and maintain effective and collaborative relationships with colleagues, customers, and business partners
Bachelor's Degree
Juris Doctorate Degree
Properly licensed, registered or authorized, and in good standing, to practice law in the jurisdiction in which you will be working
Benefits
Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.
Company
Travelers
Travelers provides insurance coverage to protect the things that are important to you – your home, your car, your valuables and your business.
10001+ employees
H1B Sponsorship
Travelers has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (75)
2024 (47)
2023 (60)
2022 (42)
2021 (27)
2020 (20)
Funding
Current Stage
Public CompanyTotal Funding
unknown2002-03-22IPO
Leadership Team
Dan Frey
Executive Vice President and Chief Financial Officer
Beth Maerz
SVP, Customer, Strategy and Innovation
Recent News
2026-01-03
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