Claim Counsel Bond & SI

Location: Federal Way, Washington · Posted: 10/17/2026

About the role

Travelers Insurance has maintained its reputation as one of the best property casualty insurers in the industry for over 170 years. The Bond & Specialty Insurance (BSI) Claim Counsel team conducts thorough investigation, analysis, evaluation, and disposition of claims and claim litigation to achieve superior customer service and optimize claim results. The Construction Services Team includes legal, accounting, and engineering professionals to handle claims on construction-related and other surety bonds, mitigate exposures on construction surety accounts, and provide a wide range of business support and legal services to advance the mission to serve as trusted advisors to underwriting partners. As a valued member of the team, in addition to claim handling, you will provide legal advice to underwriting colleagues and non-attorney claim colleagues, and participate in BSI claim strategic initiatives.

Responsibilities

• Follow operational policies to analyze, investigate, and resolve BSI claims of varying levels of severity with moderate supervision from claims management.
• Prepare and present reports for management that accurately reflect loss development, potential/actual financial exposure, reserve adjustments, coverage issues, and claim and recovery strategies.
• Retain, monitor, and manage outside counsel actively utilizing litigation management plans and budgets.
• Communicate with underwriting on significant claim exposures.
• Continue to develop the ability to identify all recovery opportunities and coordinate recovery efforts with the Recovery Management Unit and Claim management.
• Travel to and attend mediations, settlement conferences, claim conferences, field office visits, trials and depositions.
• Provide legal review and advice to underwriters on bond obligations and project contract documents.
• Review, draft and/or modify bond forms, contract documents and other agreements including indemnity, takeover, completion, subcontractor ratification, financing and collateral.
• Engage in account workout risk mitigation analysis, advise on mitigation strategies, and assist in execution of such strategies.
• Monitor account bankruptcy proceedings and document post-bankruptcy indemnity. Draft and file proofs of claim and advise as to potential recovery. Retain outside counsel where appropriate to protect or enforce surety rights.
• Negotiate the resolution of bonded obligations on defaulted contracts, and terms of agreements including indemnity agreements, letters of credit, set aside letters from lenders, intercreditor agreements and subordination agreements.
• Determine whether bond exposure has expired, including for the purpose of releasing collateral, by reviewing bond terms, applicable law, and court dockets (when applicable).
• Monitor marketplace conditions, conduct research, and draft reference materials to inform claim and underwriting colleagues on law impacting Travelers' underwriting and claim decisions.
• Review documents pertaining to mergers, equity sales and asset sales to determine the legal status and ownership of indemnitors undergoing a change of control. Draft and negotiate appropriate agreements to document indemnity changes related to such transactions.
• Support underwriting marketing efforts, including participation in broker and account visits and risk mitigation seminars and authoring customer-focused white papers and articles.
• Obtain and maintain required adjusters' licenses.
• Perform other duties as assigned.

Requirements

• Bachelor's Degree.
• Juris Doctorate Degree.
• Properly licensed, registered or authorized, and in good standing, to practice law in the jurisdiction in which you will be working.
• Two years of relevant legal experience.

Qualifications

• Five or more years of relevant legal or claim handling work experience.
• Demonstrated ability to effectively work through conflict and resolve issues with a professional demeanor.
• Ability to make sound decisions and negotiate terms and conditions within designated authority limit.
• Strong verbal and written communication skills with the ability to clearly articulate coverage determinations.
• Time management skills with the ability to manage multiple priorities with an attention to detail, data and analytics.
• Ability to build and maintain effective and collaborative relationships with colleagues, customers, and business partners.

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 401(k) contributions dollar-for-dollar up to the first 5% of eligible pay, subject to an annual maximum. The Paying it Forward Savings Program makes an annual contribution to your 401(k) when you make a student loan payment. A Pension Plan 100% funded by Travelers is also available.
• Paid Time Off: Minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
• Wellness Program: Tools, discounts and resources to achieve wellness goals and caregiving needs, plus mental health program providing access to free professional counseling services, health coaching and other resources.
• Volunteer Encouragement: Matching Gift and Volunteer Rewards program enabling you to give back to the charity of your choice.

Pay

Annual base salary range: $111,600.00 – $184,200.00 (nationwide market range; actual salary determined by scope, complexity, location, skills, education, training, credentials, experience, and other conditions of employment). Employees are also eligible for performance-based cash incentive awards as part of the comprehensive compensation and benefits program.