Travelers Legal Costs Specialist - 12 month FTC in London, United Kingdom
Legal Costs Specialist - 12 month FTC
Primary Job Duties & Responsibilities:
Negotiates all legal costs submissions for both plaintiff and defence legal teams ensuring that the company pay no more than the market standard levels in all cases. Authorises claims payments within sanctions authority agreed with and approved by Claims Manager. Review and authorise claim reserves as and when required. Ensure that agreed service targets are achieved and maintain quality of output. Develop and maintain effective relationships with external contacts and liaise with relevant parties internally on quality of service provided and on product information. Evaluate information received and communicate as appropriate to all relevant parties. Perform other duties as assigned.
Job Opening ID:
Weekend work hours - Occasionally Travel- Occasionally Each individual has responsibility for: Acting in accordance with Travelers Companies' Code of Business Conduct and Ethics, Business Excellence Policy and all HR policies and procedures. Delivering high quality service to brokers and customers in line with our service standards. Complying with all legal, insurance, regulatory, Lloyd's and Sarbanes Oxley rules and guidelines. Acting at all time in compliance with the Treating Customers Fairly outcomes. Working as a team with colleagues within the Company and the Enterprise. Developing strong relationships with our key supporting brokers and customers and all other key external stakeholders. Adhering to the Company's policies and procedures. Keeping adequate records of all transactions undertaken with brokers, customer and all other parties. Continually looking for improvement both from a personal and business perspective.
Equal Employment Opportunity Statement:
Travelers is an equal opportunity employer.
Job Specific & Technical Skills & Competencies:
Intermediate organisational skills with an advanced degree of detail consciousness. Advanced communication skills. Advanced negotiation skills.
This role negotiates and settles Legal cost bills in accordance with Travelers philosophy. This job does not manage others This job works under General Supervision: Incumbent independently performs a variety of duties, including potentially complex duties within established policy guidelines; responsible for a defined set of assignments (e.g. assigned customers, claims or other specified set of responsibilities); is expected to set priorities and meet specific goals and objectives of the function or unit. (Typically pertains to advanced/operational, senior professional, unit supervisor)
Prior experience of negotiating legal costs bill associated with litigation. Experience of handling files from notification to settlement including attending circuit and high court cases.
Education, Work Experience & Knowledge:
Progression towards CIP, Costs Lawyer or CILEx qualification desirable
Operates standard office equipment - Continuously Sitting (Can stand at will) - Continuously Standing - Occasionally Use of Keyboards, Sporadic 10-Key - Frequently Driving - Occasionally
Solid reputation, passionate people and endless opportunities. That's Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.
London - Greater London - United Kingdom
London - Greater London - United Kingdom
We are committed to valuing the diversity that exists among our workforce, our business partners, our customers and our communities. With respect to our workforce, we are committed to not only increasing diversity in our hiring at all levels but also fostering an inclusive environment where all employees, regardless of race, color, religion, gender, gender identity, age, national origin, disability, veteran status, marital status, sexual orientation, genetic information or any other status or condition protected by law, can develop and thrive.