Travelers
Major Case Spec, SRG
TX - Houston
Sponsorship not specified$109k-$180kDetected 27 days ago
Account ManagementFinancial AnalysisValuationResearchLeadershipCommunicationMentoringPublic SpeakingActuarial ScienceLoss ReservingUnderwriting
About the role
- 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.
- Salary Range $109,300.00 - $180,200.00 Target Openings 1 What Is the Opportunity?
Responsibilities
- Develop budgets and financial analyses; maintain appropriate defense and indemnity estimates.
- Recommend action and manage claims and accounts with full damage values that usually exceed $1,000,000.
- May serve as a technical coach to claim professionals handling their own inventory of complex claims, building knowledge of those matters.
- Lead or represent the unit/office on special projects at request of management.
- Perform other duties as assigned.
- Aided by your expertise, you will develop strategies to successfully resolve these claims in the most efficient and effective way while meeting established protocols and delivering optimal customer service.
- May serve as a technical coach for claim professionals handling their own inventory of complex claims, building knowledge of those matters.
- Apply knowledge of relevant legal concepts and the litigation environment in multiple jurisdictions to evaluate damages and develop appropriate course of action.
- Provide guidance to underwriting business partners with respect to accuracy and adequacy of, and potential future changes to, loss reserves on assigned claims.
- Proactively develop and execute a strategic file management plan that achieves optimal file resolution, including as appropriate: research and recommendation of counsel
Requirements
- Bachelor's degree.
- 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.
- In the handling of our most complex claims with a high degree of independence, your responsibilities may include:
- Maintain well-documented and organized claim files. Maintain proficiency with SRG claim systems and databases. Adhere to applicable requirements for data accuracy. Efficiently manage file inventory.
Nice to have
- Analytical Thinking.
- Judgment & Decision-Making.
- Relationship Management.
- Business Perspective.
- Knowledge of Regulatory and Claim Environments.
- Planning & Organizing.
- Working Independently.
- Application of Departmental Practices & Procedures.
Compensation
- $109,300.00 - $180,200.00
- Authority - Payment and resolution on individual matters up to $500,000. Manage total exposure by claim or account that often greatly exceeds $1,000,000.
- Responsible for coverage analysis for claims and accounts with full damage values that often greatly exceed $1,000,000.
- Recommend action and manage claims and accounts with full damage values that usually exceed $1,000,000.
- Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum.
- When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account.
Benefits
- Employees and their eligible family members - including spouses, domestic partners, and children - are eligible for coverage from the first day of employment.
- You are also eligible for a Pension Plan that is 100% funded by Travelers.
- Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
- 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.
- With general supervision, you will independently manage our most challenging high frequency and high severity claims and accounts which routinely present unique, complex liability and coverage issues.
- Your case assignments will include multi-plaintiff and multi-jurisdiction litigation with the potential for shaping future legal precedent in the areas of coverage and liability, as well as nationwide valuation trends.
- Claims typically involve complex trigger, allocation, limits, and exclusion issues for which incorrect analysis could result in coverage beyond the original intent.
- Prepare coverage recommendations and present to management.
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