Sr. Claims Counsel, Cyber, Media & Technology

Endurance Business Services Ltd. (UK); Morristown (NJ); On-site; USD 125,000 - 175,000; Full time

Benefits offered by this job

Two medical plans

401(k) Retirement Savings Plan

Paid time-off

Parental Leave Benefits

Job summary

Sompo seeks a Sr. Claims Counsel to lead Cyber, Media & Technology claims for the U.S. Financial Lines unit. You will analyze coverage, liability, damages, and exposures, coordinating with underwriting and senior management while driving complex settlements.

Based in select offices (New York, Purchase, Garden City, Morristown, Alpharetta, Chicago) with travel as needed, you will influence global claims initiatives and contribute to policy drafting and client meetings.

Qualifications

• Juris Doctor degree required with ability to analyze coverage, liability, damages, and claim exposures.
• Minimum 3 years of increasing responsibility handling Cyber, Media & Technology claims in insurance or law firm settings.

Responsibilities

• Proactively manage complex Cyber, Media & Technology claims from inception through resolution.
• Identify claim trends and portfolio exposures; provide written assessments to the SompoPro unit.
• Respond to coverage questions and resolve claim-related issues for underwriting and internal stakeholders.
• Support policy drafting and communicate with underwriting and other functions.
• Represent the Company at client meetings, mediations, and industry events; travel as needed.

Skills

Analytical skills

Negotiation

Client service

Verbal communication

Written communication

Interpersonal skills

MS Office

Claims systems

Education

Juris Doctor

Tools

MS Office

Claims systems

Job description

Job Description Are you looking for your next opportunity?

Sompo has a unique opportunity for a Sr. Claims Counsel in our Cyber, Media & Technology Claims team.

This position will complement the existing professional liability claims team that supports the U.S Sompo Financial Lines business unit. The successful candidate will be able to provide insight and analysis on complex high profile/high exposure Cyber Media & Technology claims.

Location: This position may be based out of our New York, NY, Purchase, NY, Garden City, NY, Morristown, NJ, Alpharetta, GA or Chicago, IL 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:

• Proactively manage complex Cyber, Media & Technology claims from inception through resolution, including coverage, liability, damages, and exposure analysis.
• Identify claim trends and portfolio exposures, and provide written assessments and insights to the SompoPro business unit.
• Respond to coverage questions and resolve claim-related issues for SompoPro underwriting, senior management, and other internal stakeholders.
• Support Professional Lines policy drafting and communicate effectively with underwriting and other functional groups.
• Represent the Company at client meetings, mediations, external meetings, industry events, and conferences, including potential speaking or publishing opportunities.
• Contribute to global claims initiatives and projects as directed by leadership, assist other offices on complex claims, travel as needed, and perform other duties as required.

What you'll bring:

• Minimum of 3 years of increasing responsibility handling Cyber, Media & Technology claims at an insurance company and/or law firm experience required.
• Juris Doctor degree required, with proven ability to analyze coverage, liability, damages, and claim exposures.
• Direct experience handling primary and excess cyber, media, and technology claims, including mediations and settlement negotiations.
• Professional lines policy drafting experience preferred.
• Strong ability to build effective working relationships with underwriting, actuarial, legal, and other stakeholders.
• Excellent presentation, verbal, written, analytical, negotiation, organizational, client service, and computer skills, including MS Office and claims systems; writing samples may be requested.

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 hi