Bond & Specialty Insurance - Associate Counsel

TravelersHartford, CT
$99,100 - $163,400

About The Position

Bond & Specialty Insurance (BSI) provides management and professional liability insurance, cyber insurance, crime insurance, and surety bonds to or on behalf of businesses of all sizes. The attorneys within BSI Legal Services are responsible for providing a wide range of cost-effective, high quality legal services to our internal business partners, primarily with respect to transactional and regulatory matters. The Associate Counsel position handles lower complexity legal matters while also collaborating with more senior attorneys within BSI Legal Services on higher complexity legal matters.

Requirements

  • 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.
  • 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.

Responsibilities

  • 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.

Benefits

  • 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.
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