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Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in analyzing and resolving Bond & Specialty claims while ensuring compliance with industry standards and best practices. Proficient in negotiation, legal documentation, and maintaining effective stakeholder communication.
Highest-signal resume keywords
Bond & Specialty Claims ManagementNegotiation SkillsLegal Documentation DraftingInsurance Adjuster LicenseStakeholder Communication
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Claims AnalysisLitigation ManagementContract ReviewLoss Development ReportingSettlement Negotiation
Soft Skills
Conflict ResolutionTime ManagementCollaborationVerbal CommunicationWritten Communication
Certifications & Qualifications
Juris Doctor DegreeInsurance Adjuster LicenseContinuing Legal Education (CLE)
Industry Keywords
Claims ProcessesRisk ManagementRecovery ManagementMarket DynamicsCompliance Standards
About the role
Key responsibilities & impact- Analyze, investigate, and resolve Bond & Specialty claims of predominantly lower to moderate severity and complexity
- Retain, monitor, and manage outside counsel and other vendors
- Utilize incident response and litigation management plans and budgets
- Negotiate settlements for lower to moderate severity and complexity litigation matters
- Prepare management reports on loss development, financial exposure, and resolution strategies
- Develop and coordinate recovery efforts with the Recovery Management Unit
- Attend mediations, settlement conferences, trials, depositions, and business meetings
- Provide legal and business support to underwriting colleagues
- Negotiate indemnity documentation and draft product forms and endorsements
- Review contracts and bond forms
- Support marketing and risk management efforts through broker visits and seminars
- Monitor industry trends and market dynamics
- Communicate key insights and strategic initiatives to stakeholders
- Ensure stakeholders and customers feel secure, respected, and cared for throughout the claims process
- Ensure compliance with BSI Claims processes, procedures, and best practices
- Maintain thorough documentation of claim activities, decisions, and communications
- Prepare timely coverage evaluations and correspondence to insureds
- Maintain claim files according to company best practices
- Perform other duties as assigned
Requirements
What you’ll need- Five or more years of relevant legal or claim handling work experience
- Bachelor’s Degree
- Juris Doctor Degree
- Properly licensed, registered or authorized, and in good standing, to practice law in the jurisdiction in which you will be working
- Two years of relevant legal experience
- Insurance Adjuster License(s) must be acquired and maintained, generally within three months of starting the job
- Ongoing continuing education credits as mandated for insurance adjuster license(s)
- Active legal license in the state of the principal office location
- Current Continuing Legal Education (CLE)
- Valid driver’s license or access to alternative transportation
- Ability to work through conflict and resolve issues professionally
- Ability to make sound decisions and negotiate terms within designated authority limits
- Strong verbal and written communication skills
- Strong time management and ability to manage multiple priorities with attention to detail, data and analytics
- Ability to build and maintain effective, collaborative relationships
Benefits
Comp & perks- Performance-based cash incentive awards
- Health insurance for employees and eligible family members from the first day of employment
- 401(k) dollar-for-dollar matching up to the first 5% of eligible pay
- Paying it Forward Savings Program with annual 401(k) contributions for student loan payments
- Pension Plan 100% funded by Travelers
- Minimum of 20 days paid time off annually
- Nine paid company holidays
- Wellness program with tools, discounts, resources, caregiving support, free professional counseling, and health coaching
- Matching Gift and Volunteer Rewards program
- Comprehensive benefits programs
