Property Reinsurance Claims Expert (Facultative)

Sompo; New York (NY); On-site; USD 100,000 - 130,000; Full time

Benefits offered by this job

401(k) Retirement Savings Plan

Paid holidays

Tuition Reimbursement

Job summary

Sompo is seeking a Reinsurance Property Facultative Claims Specialist to manage property reinsurance claims in the NA Reinsurance Claims team. Base locations include New York, Purchase, NY or Morristown, NJ, with collaboration at the core of our work culture.

You will handle a portfolio of property claims, assess coverage and reserves, and engage with brokers and cedants to deliver timely, accurate outcomes while partnering with underwriting and finance teams.

Qualifications

• 3–10 years’ relevant claims experience in insurance or reinsurance.
• Experience in property reinsurance claims handling preferred.
• Strong understanding of insurance/reinsurance contract terms and conditions.

Responsibilities

• Handle property facultative and treaty claims from first notification through to resolution.
• Assess liability, damages, exposure, and reserve adequacy.
• Monitor loss developments and escalate significant issues.
• Maintain accurate claim file documentation and diary management.
• Collaborate with brokers, cedants, underwriters, actuaries and other stakeholders.

Skills

Property reinsurance claims

Contract interpretation

Analytical skills

Attention to detail

JD preferred

Education

Juris Doctor preferred

Tools

Claims platforms

Job description

Sompo is seeking a Reinsurance Property Facultative Claims Specialist to manage property reinsurance claims in the NA Reinsurance Claims team. Base locations include New York, Purchase, NY or Morristown, NJ, with collaboration at the core of our work culture.

You will handle a portfolio of property claims, assess coverage and reserves, and engage with brokers and cedants to deliver timely, accurate outcomes while partnering with underwriting and finance teams.