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
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$91,800.00 - $151,600.00
Target Openings
3
What Is the Opportunity?
This position is responsible for reviewing outside counsel's invoices for compliance with Travelers' Retention and Billing Policies, best practices and claim-specific instructions and ensure charges are otherwise reasonable. Collaborates with Travelers colleagues managing claims or matters and interacts with outside counsel regarding changes to their bills.What Will You Do?
- JD Strongly Preferred.
- Reviews and determines accuracy of law firm invoices ensuring compliance with Travelers’ billing policies and department specific direction and are otherwise reasonable.
- Develops and maintains extensive knowledge related to determining the likely legal necessity for specific insurance defense related law firm work.
- Makes quick, sound decisions and negotiate resolution of billing issues or disputes.
- Utilizes claim file and document review to obtain claim strategy information and apply during review process.
- Ensures prompt, accurate and efficient auditing of submitted legal fee and expense invoices and amends as appropriate.
- Fiduciary responsibility for timely payments of matters of complex authority up to a million dollars.
- Engages in written and/or verbal communications with law firms and/or the Travelers employees managing the matter serving as the technical resource for appeal oversight and/or discretionary reviews.
- Provides detailed reports to Claims to support resolution of these settlements and participates in negotiations as needed.
- Collaborates with various claims departments for more effective litigated cost control.
- Serves as a technical resource to other claim professionals and various stakeholders, providing consultation and training regarding legal bill review and related best practices where appropriate.
- Drives and influences cultural compliance with partnering law firms based on Travelers retention and billing policies and philosophy through building a trusted and strategic business partnership.
- Provides suggestions and may participate in developing and directing the strategies and business plans of the LRM group and various business partners. Assists and provides input to identify new improvement or innovative opportunities and aids in the understanding, assessment and removal of barriers to success.
- Perform other duties as assigned.
What Will Our Ideal Candidate Have?
- Excellent oral and written communication, interpersonal and analytical skills
- Strong organization, multi-tasking and time management skills
- Excellent negotiation and problem-solving skills
- Experience with one or more electronic billing technologies
- Experience at an insurance carrier reviewing/auditing outside counsel’s legal bills
- Communication:
- Strong communication (written and verbal), influencing, negotiating, listening and interpersonal skills to effectively develop productive internal and external relationships.
- Teamwork:
- Builds and maintains working relationships with peers and other professionals across organizational lines.
- Leading Self:
- Presents a positive professional image. Exhibits courage, conviction and credibility. Acts decisively to tackle difficult problems. Demonstrates Self-Awareness a strong drive to achieve with a balance of humility.
- Planning and Organization:
- Strong organizational and time management skills. Advanced attention to detail ensuring accuracy.
- Problem Solving:
- Applies critical thinking and synthesizes information to identify key issues and make decisions. Effectively work through conflict and resolve issues with a professional demeanor.
What is a Must Have?
- A minimum of 5 years experience working with litigation and legal billing practices, civil court rules and procedures and the state and federal court systems
- Or 8 Years of handling complex claim litigation
- 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.
Travelers is an equal opportunity employer. We believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve. We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results.
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/.
What We Do
Travelers provides insurance coverage to protect the things that are important to you – your home, your car, your valuables and your business. We have been around for more than 165 years and have earned a reputation as one of the best property casualty insurers in the industry because we take care of our customers, agents, brokers, communities and each other.
Every day, our approximately 30,000 employees and 13,500 independent agents and brokers in the United States, Canada, the United Kingdom and Ireland help provide peace of mind to our customers.
Our expertise and focus on innovation have made us an industry leader and the only property casualty company in the Dow Jones Industrial Average. Our history of advancements has propelled our company, and our industry, to deliver higher standards – from writing the first auto and space travel policies to founding the Travelers Institute for public policy and launching a hybrid car discount.
By minimizing risk, preventing loss and helping our customers prepare for the unknown, Travelers’ comprehensive products and services enable individuals and businesses to feel confident and secure about the future.
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