Claims Specialist, Construction

Sompo International Holdings Ltd.

$65K — $135K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; insurance-related designations like CPCU, IIA, or SCLA are preferred.
  • 3-5 years of experience in handling construction-related liability claims, including litigation and coverage analysis.
  • Strong analytical skills with a focus on negotiation and effective communication of complex claims.
  • Ability to manage multiple priorities in a fast-paced environment while driving project outcomes independently.
  • Proficient in Microsoft Office and claims management software, preferably Guidewire, Genius, and ImageRight.

Responsibilities

  • Manage General Liability claims for construction-related insureds, overseeing Construction Defect and Bodily Injury cases.
  • Evaluate insurance coverage, analyze exposures and set reserves for effective claim resolution.
  • Direct litigation management, collaborating with defense counsel, and controlling expenses.
  • Communicate claim developments with management and other departments to support renewal activities.
  • Maintain compliance with company standards and regulations by keeping accurate claim documentation.
  • Represent the company's interests in negotiations while being a technical resource on policy language.

Benefits

  • Two medical plans, including a Traditional PPO and a Consumer Driven Health Plan with an HSA.
  • Comprehensive dental and vision benefits, including orthodontic options.
  • Flexible Spending Accounts for Health and Dependent Care.
  • 401(k) Retirement Savings Plan with competitive employer contributions.
  • Generous paid-time-off, parental leave benefits, and an Adoption Assistance program.
  • Tuition reimbursement and support for professional qualifications.
Full Job Description
Job Description

What you'll be doing:
• Manage primary and excess General Liability claims for construction-related insureds, including Construction Defect, Bodily Injury, and Property Damage exposures.
• Evaluate coverage, analyze exposures, establish reserves, assess tender opportunities and underlying policy limits/SIRs, and develop strategies that drive effective claim resolution.
• Direct litigation management by partnering with defense counsel, controlling expenses, and executing claim and settlement strategies that support favorable outcomes.
• Collaborate with management, underwriting, and actuarial teams by communicating claim developments, supporting renewal activities, and identifying loss and expense trends across a portfolio of claims.
• Maintain accurate claim files, correspondence, diaries, reserves, and documentation in compliance with company standards and regulatory requirements.
• Represent Sompo's interests in negotiations and meetings while serving as a technical resource on policy language, endorsements, significant claim developments, and industry trends.

What you'll bring:
• Bachelor's degree required; CPCU, IIA, SCLA, or other insurance-related designations are a plus.
• 3-5 years of insurance claims or legal experience handling construction-related liability matters, including coverage analysis, reserving, litigation management, and claim resolution.
• Strong analytical, negotiation, written, verbal, and presentation skills, with the ability to communicate complex claim matters and build effective business partnerships.
• Demonstrated ability to manage multiple priorities, work independently, and successfully drive projects and claim outcomes in a fast-paced environment.
• Proficiency in Microsoft Office applications and claims management systems; experience with Guidewire, Genius, and ImageRight preferred.
• Occasional travel as needed for mediations.

Salary Range: $65,000 - $135,000. Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs:

  • Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution
  • Pharmacy benefits with mail order options
  • Dental benefits including orthodontia benefits for adults and children
  • Vision benefits
  • Health Care & Dependent Care Flexible Spending Accounts
  • Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children
  • Company-paid Disability benefits with very competitive salary continuation payments
  • 401(k) Retirement Savings Plan with competitive employer contributions
  • Competitive paid-time-off programs, including company-paid holidays
  • Competitive Parental Leave Benefits & Adoption Assistance program
  • Employee Assistance Program
  • Tax-Free Commuter Benefit
  • Tuition Reimbursement & Professional Qualification benefits


Similar Jobs

More Jobs at Sompo International Holdings Ltd.

More Finance & Insurance Jobs

Find similar Claims Specialist, Construction jobs: