Vice President, Head of Design Professional Liability Claims

Are you looking for your next opportunity?

Sompo has a unique opportunity for a VP, Head of Design Professional Liability Claims in our North America Insurance Claims team.

This role leads the claims portfolio, including related sub-classes and complex claims, to deliver strong business outcomes across loss ratio, capital, and brand while consistently providing excellent service to brokers and customers. It oversees portfolio management in line with claims strategy to support underwriting plans and strategic objectives, provides expert insights and recommendations to enhance portfolio and product performance, drives continuous improvement to control indemnity, reduce expense, and improve customer experience, collaborates with Underwriting Product Heads to strengthen risk selection and pricing through claims intelligence, and ensures Sompo Values are reflected in the performance of the role and team.

Location: This position may be based out of our New York, NY, Morristown, NJ, Garden City, NY or Purchase, NY offices. 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:

• Manage and develop a team of claims professionals handling complex professional liability claims, including Architects & Engineers, Construction Professional, and Pollution matters.
• Serve as the key technical and claim portfolio contact for internal and external stakeholders, including claims management, underwriters, brokers, clients, and senior leadership.
• Identify and execute claims operational priorities, claims management requirements, regulatory standards, portfolio exposures, and emerging claim trends.
• Provide coverage, liability, and damages analysis; respond to coverage questions; resolve claim-related issues; and support Professional Lines policy drafting.
• Represent the Company at client meetings, mediations, industry events, and conferences, including potential speaking, presenting, and publishing on claim trends and issues.
• Collaborate with Global Sompo Claims colleagues and other functional groups on strategic projects, complex claims, business initiatives, travel as needed, and other duties as assigned by management.

What you’ll bring:

• Law degree required, with ideally 8+ years of claims experience, supervisory experience at an insurance company, and/or relevant law firm experience.
• Proven ability to analyze coverage, liability, and damages for complex professional liability claims, particularly Architects & Engineers and Construction Professional matters.
• Experience directly handling complex primary and excess claims, including mediations and settlement negotiations.
• Ability to build strong working relationships with underwriting, actuarial, legal, and other internal stakeholders.
• Excellent presentation, verbal, and written communication skills, with strong analytical, decision-making, organizational, and resource management abilities.
• Strong client service focus and computer skills, including MS Word, Excel, Outlook, and claims systems; Guidewire and ImageRight experience preferred.

Salary Range: $135,000 – $235,000. 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