Bond & Specialty Insurance - Associate Counsel
Job Description
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
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
$99,100.00 - $163,400.00Target Openings
What Is the Opportunity?
What Will You Do?
- Provides counsel to internal clients within the BSI business and support units on lower complexity legal issues.
- Proactively work with internal business partners to understand their business objectives and help them achieve those objectives in a compliant manner while also helping them mitigate any associated legal risks.
- Proactively identify legal risks impacting BSI and communicate those risks to Legal Services colleagues and internal business partners while also providing recommendations on how to mitigate such risks.
- Negotiate contract terms with external clients and advise internal business partners on the potential impact of proposed contract terms.
- Draft and /or prepare legal documents for execution.
- Draft new surety bond forms or update existing surety bond forms in furtherance of current business objectives and current legal requirements.
- Draft responses to external inquiries or requests.
- Review and analyze proposed/enacted/adopted laws or regulations for potential BSI impact.
- Conduct legal research related to issues impacting BSI and communicate research findings to Legal Services colleagues and BSI business partners in both verbal and written form.
- Maintains awareness of external legal climate and legal developments.
- Works on building strong internal relationships with our business partners and support those business partners in their efforts to build and maintain strong external client relationships.
- Make effective use of technology (including AI tools) in the practice of law.
- Performs other duties as assigned.
What Will Our Ideal Candidate Have?
- Prior legal experience.
- Strong attention to detail.
- Strong legal research and writing skills.
- Strong ability to quickly grasp previously unfamiliar concepts.
- Strong ability to manage multiple competing priorities while also managing client expectations.
- Strong commitment to providing a consistently exceptional work product.
What is a Must Have?
- Juris Doctorate or equivalent International legal degree; graduate of an accredited law school.
- Active license (in good standing) 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 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/.