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 170 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.
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
$109,300.00 - $180,200.00
1
Under moderate supervision, the Manager, Corporate Real Estate reviews, analyzes, critiques, interprets, and negotiates real estate lease documents and related contracts, including lease amendments, expansions, surrenders, terminations, subleases, work letters, and commencement agreements. This role provides legal support on facility management and construction contracts and assists with corporate real estate transactions and strategic initiatives. This position does not lead others.
What Will You Do?
- Contract Management
- Review, draft, and negotiate lease contracts in accordance with Travelers corporate policies and contract requirements, working directly with legal counsel, landlords, asset managers, and real estate brokers
- Independently draft and negotiate ancillary agreements supporting corporate real estate needs, including parking agreements, temporary space agreements, and various landlord-tenant side agreements
- Analyze and negotiate legal terms in facility management and construction contracts to ensure alignment with Travelers contracting requirements and risk exposure mitigation
- Finalize negotiated contracts for execution and prepare lease abstracts
- Stakeholder Collaboration
- Regularly participate in meetings with Regional Vice Presidents, Regional Leasing Managers, brokers, contract administrators, property managers, Corporate Procurement, and internal/external counsel
- Provide contract guidance and legal review support to contract administrators and project managers for construction agreements, project management agreements, and engineering agreements
- Collaborate with Alliance Partners (real estate brokers) and provide guidance on Requests for Proposals, Letters of Understanding, and related issues concerning leasing initiatives
- Legal Support
- Interpret legal terms in lease and related documentation as requested, obtaining appropriate legal advice from internal and external counsel and subject matter experts
- Support real estate acquisitions and dispositions in corporate deals, including conducting due diligence of real estate assets and reviewing related contracts
- Research and coordinate with internal and external resources on legal issues related to landlord/tenant disputes, defaults, indemnification issues, and environmental concerns
- Update corporate real estate contract templates and guidance in collaboration with legal counsel and stakeholders
- Perform other duties as assigned.
What Will Our Ideal Candidate Have?
- 5+ years of commercial leasing, drafting, and negotiating experience preferred
- Excellent drafting, negotiating, and communication skills
- Superior attention to detail and ability to manage multiple priorities effectively
- Proficiency in Microsoft Office Suite (Word, Outlook, Excel, PowerPoint)
What is a Must Have?
- 5+ years of experience in commercial real estate law at an inhouse legal department or law firm, with focus on leasing and contract negotiation or equivalent experience.
What Is in It for You?
- 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.
Employment Practices
Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.
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/.