Sr. Claims Counsel

Sompo Holdings, Inc.; New York, Northern (NY, KY); Hybrid; USD 125,000 - 175,000; Full time

Benefits offered by this job

Medical plans

Dental & Vision

Life & AD&D

401(k) Plan

Paid time off

Job summary

Sompo Holdings, Inc. seeks a Sr. Casualty Claims Counsel for its US Casualty Claims team.

The role may be based out of any US Sompo office location. You will directly handle primary and excess Casualty claims with emerging risks, applying strong legal insights and delivering high-quality service. You bring a JD and 5+ years in insurance claims, with CPCU/IIA/SCLA a plus, plus excellent writing and analytical skills to advise on coverage issues and reserves.

Qualifications

• 5+ years experience in an insurance-related technical claims position with emphasis on coverage
• Juris Doctorate required; prior insurance carrier experience preferred
• Insurance designations such as CPCU, IIA & SCLA are a plus
• Excellent writing, analytical, presentation and communication skills, with strong internal relationships

Responsibilities

• Direct handle primary & excess Casualty claims involving emerging risks or long-term exposure
• Apply technical knowledge and provide accurate, responsive management of claim files with strong customer service
• Analyze liability, damage, and coverage, develop litigation and resolution strategies and establish reserves
• Identify large losses and communicate with internal and external partners in a timely manner

Skills

5+ years claims experience

Strong writing skills

Analytical thinking

Stakeholder collaboration

Legal/insurance knowledge

Education

Juris Doctorate

Insurance designations a plus

Job description

Job Description Are you looking for your next opportunity? 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

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

Who we are and what we stand for:

At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide.

Life at Sompo

Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work.

We are Sompo, a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance. Building on the 137 years of innovation of our parent company, Sompo Holdings, Inc., Sompo employs approximately 10,000 people around the world who use their in-depth knowledge and expertise to help simplify and resolve your complex challenges. Because when you choose Sompo, you choose The Ease of Expertise.

“Sompo” refers to the brand under which Sompo International Holdings Ltd., a Bermuda-based holding company, together with its consolidated subsidiaries, operates its global property and casualty (re)insurance businesses. Sompo International Holdings Ltd. is an indirect wholly-owned subsidiary of Sompo Holdings, Inc., one of the leading property and casualty groups in the world. Shares of Sompo Holdings, Inc. are listed on the Tokyo Stock Exchange. To learn more please follow us on LinkedIn or visit sompo-intl.com.