Claims Specialist, Construction

Sompo International Holdings Ltd.

$70K — $125K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • BA/BS degree preferred; Juris Doctorate preferred but not required; adjuster’s license required.
  • Minimum 3-5 years in an insurance technical claims position or law firm focusing on Construction-related files.
  • Insurance-related designations such as CPCU, IIA, or SCLA are a plus.
  • Strong writing, presentation, and communication skills with expertise in coverage assessment, claim strategy, and resolution options.
  • Ability to build relationships with underwriting partners and manage multiple projects independently.
  • Proficient in MS Word, Excel, Outlook, and claims systems; experience with Guidewire, Genius, and ImageRight is a plus.

Responsibilities

  • Handle and manage primary and excess General Liability claims related to Construction, including Bodily Injury and Property Damage.
  • Conduct analytical analysis of coverage and exposures to establish reserves.
  • Communicate assessments on new losses and trends to management and underwriters.
  • Manage litigation counsel and develop strategies for expense control and claim resolution.
  • Maintain correspondence and claim files in compliance with company standards.
  • Support underwriters and actuaries during the renewal process with claim expertise.

Benefits

  • Two medical plans including a Traditional PPO & a Consumer Driven Health Plan with employer contributions.
  • Pharmacy benefits with mail order options.
  • Comprehensive dental benefits, including orthodontia for adults and children.
  • Vision benefits available.
  • Flexible Spending Accounts for Health Care & Dependent Care.
  • Company-paid Life & AD&D benefits with optional Supplemental coverage.
  • Disability benefits with competitive salary continuation.
  • 401(k) Retirement Savings Plan with employer contributions.
  • Generous paid-time-off and company-paid holidays.
  • Parental Leave Benefits & Adoption Assistance program.
  • Employee Assistance Program available.
  • Tax-Free Commuter Benefit offered.
  • Tuition Reimbursement & Professional Qualification benefits.
Full Job Description

Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for a Claims Specialist, Construction in our Casualty Claims team.

Location: This position can be based out of our Alpharetta, GA, Charlotte, NC, Irvine, CA, Miami, Fl, Dallas, TX, Scottsdale, AZ and New York, NY, or any other Sompo U.S. office location. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

Our business, your impact, our opportunity:

What you’ll be doing:

  • Direct handling and management of primary and excess General Liability claims for Construction-related insureds such as Bodily Injury and Property Damage, as well as potentially Construction Defect.

  • Provide coverage and analytical analysis of potential exposures and establish appropriate reserves.

  • Communicate appropriate responses to management and underwriters on new losses and provide written assessments on loss and expense trends and high exposure cases.

  • Manage counsel where assigned; develop and execute strategy to control expenses and resolve litigated claims; and effectively represent the company’s interests in meetings and negotiations.

  • Proactively manage correspondence, claim files, and maintain an accurate and current diary in compliance with company standards.

  • Support underwriters and actuaries during the renewal process and maintain claim and industry-related expertise to assure technical competency and communicate significant issues and relevant changes.

What you’ll bring:

  • BA/BS degree preferred; Juris Doctorate preferred but not required; adjuster’s license required.

  • Minimum 3-5 years in an insurance technical claims position or at a law firm with an emphasis on managing Construction-related files.

  • Insurance-related professional designations or education such as CPCU, IIA, or SCLA a plus.

  • Excellent writing, presentation, and communication skills, with the ability to assess coverage, tender opportunities, claim strategy, reserving, and resolution options.

  • Ability to establish strong working relationships with underwriting partners, manage multiple projects to successful completion, prioritize independently, and work effectively as a self-starter and team player.

  • Strong computer skills, including MS Word, Excel, Outlook, and claims systems; Guidewire, Genius, and ImageRight experience a plus.

Salary Range: $70,000 – $125,000. 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

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