5+ years experience in an insurance-related claims role focusing on long-term exposures and emerging risks
Juris Doctorate required, with preference for candidates with insurance carrier background
Insurance designations such as CPCU or IIA preferred
Strong analytical, writing, and presentation skills
Ability to build relationships with stakeholders across the organization
Willingness to travel as needed
Responsibilities
Directly handle primary and excess casualty claims involving complex issues
Demonstrate technical knowledge and legal insights on high-stakes claim files
Analyze and develop strategies for liability, damage, and coverage issues
Establish appropriate reserves based on claim evaluations
Identify and escalate potential large losses timely
Communicate effectively with internal and external business partners
Benefits
Two comprehensive medical plans, including a Health Savings Account
Pharmacy benefits with mail-order options
Dental and vision coverage with orthodontia benefits included
Flexible spending accounts for health and dependent care
Company-paid life and disability insurance, with options for supplemental coverage
401(k) retirement savings plan with employer contributions
Generous paid time off and company holidays
Parental leave benefits and adoption assistance
Employee assistance and tax-free commuter benefits
Tuition reimbursement and support for professional qualifications
Full Job Description
Job Description
Sompo has a unique opportunity for a Sr. Casualty Claims Counsel on our US Casualty Claims team.
Location: This position may be based out of any of our US Sompo office locations. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.
What you'll be doing:
Direct handle primary & excess Casualty claims involving emerging risks, potential long-term exposure, or significant coverage issues.
Apply and demonstrate strong technical knowledge, legal insights, accuracy, and responsiveness on claim files with a high degree of customer service.
Analyze liability, damage, and coverage issues, develop successful litigation and resolution strategies, establish appropriate reserves on files.
Timely identify and elevate potential large losses and communicate effectively with internal and external business partners.
What you'll bring:
5+ years experience in an insurance-related technical claims position with an emphasis on addressing coverage issues presented by long term exposure and/or emerging risk issues
Juris Doctorate required and prior insurance carrier experience preferred.
Insurance related professional designations/education such as CPCU, IIA & SCLA a plus
Excellent writing, analytical, presentation and communication skills, with the ability to establish close working relationship with internal Sompo stakeholders
Some travel required
Salary Range: $125,000 - $175,000. 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
