Counsel - Product Development and Coverage Analysis

Travelers Insurance Company • Hartford, CT • 3d ago

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 160 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

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

$123,000.00 - $203,000.00

Target Openings

What Is the Opportunity?

The Product Development and Coverage Analysis group in Corporate Litigation & Legal Shared Services is responsible for providing legal advice on policy form development and related coverage issues for the underwriting units across the enterprise. The Counsel position handles moderately complex legal matters (insurance coverage analysis and policy forms/endorsement review) requiring an established degree of knowledge and expertise. Prior claim or coverage analysis experience with Commercial General Liability and Umbrella/Excess Liability coverages is preferable.

Counsel and advice must be both preventive and of a problem-solving nature, in order to enable the company to take full advantage of its legal rights, privileges and opportunities, and to minimize the company's exposure to legal action. Counsel and advice must involve technical precision in, and consistent adherence to, insurance policy drafting conventions and wording standards.

Travelers offers a hybrid work location model that is designed to support flexibility.

What Will You Do?

Provides counsel on moderately complex legal issues within a respective line of business or practice area.

Negotiates with clients or management and/or attempts to influence managers regarding matters of significance to the legal community.

Researches legal principles and precedents within area of specialization or expertise.

Proactively identifies and communicates risk to internal and/or external customers and provides recommendations on how to mitigate that risk.

Drafts, negotiates and executes legal documents.

Maintains awareness of external judicial climate and legal developments.

Builds and maintains strong internal and external client relationships.

Makes effective use of technology and automation in the practice of law.

This role acts as an individual contributor.

Works in tandem with Business Unit lawyers and the Corporate Litigation & legal Shared Services team

Perform other duties as assigned.

What Will Our Ideal Candidate Have?

Five years of prior legal experience as a practicing attorney.

What is a Must Have?

Juris Doctorate or equivalent International legal degree; graduate of an accredited law school.

Minimum of 3 years of prior legal experience as a practicing attorney.

Active license to practice law in the state(s) in which representation is required.

What Is in It for You?

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.

Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.

In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email (4-ESU@travelers.com) so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/ .

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