Sr. Claims Specialist, Property

Sompo

Dallas (TX)

On-site

USD 100,000 - 175,000

Full time

2 days ago
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Benefits offered by this job

Medical plans
Dental benefits
Vision benefits
401(k) Retirement Savings Plan
Paid time-off
Parental Leave Benefits
Tuition Reimbursement

Job summary

Sompo is seeking a Sr. Claims Specialist for the North America First Party Property Claims team.

The role involves adjusting commensurate exposures and providing insight on complex commercial property exposures, including oversight of First Party Property claim business across multiple lines. Location options include Dallas, TX among others; strong collaboration with Underwriting, Actuarial, and Finance is required to support reporting and business needs.

Qualifications

  • Minimum 5 years of relevant Commercial Property and E&S claims experience.
  • Experience handling quota-share, shared/layered, and excess claims.
  • CPCU or similar designation preferred.

Responsibilities

  • Handle Commercial Property claim exposures for North American Property business units, including related systems and processes.
  • Evaluate exposures and make claim decisions on first-party property claims, including coverage, liability, and damages guidance.
  • Manage loss adjustment expenses and ensure timely, accurate claim reporting with narratives and financial calculations.
  • Report exposures, reserves, trends, and claim metrics to Underwriting, Senior Management, Reinsurers, and key stakeholders.
  • Partner with Actuary, Cede Re, Underwriting, Operations, Finance, and other groups to support reporting and business needs.
  • Maintain compliance with best practices and procedures; build relationships with brokers and agents; travel as needed.

Skills

Negotiation
Analytical
Written communication
Organizational skills
Cross-functional collaboration

Education

CPCU designation (preferred)

Tools

Guidewire
Genius
ImageRight

Job description

Sompo has a unique opportunity for a

Sompo has a unique opportunity for a Sr. Claims Specialist in our North America First Party Property Claims team. The successful candidate will be able to adjust commiserate level exposures providing insight and analysis on complex commercial property exposures. The role includes Claim adjustment oversight of our First Party Property claim business, inclusive of Middle Market, Shared & Layered, Excess & Surplus Commercial based property line exposures.

Location: This position can be based out of our Boston, MA, Alpharetta, GA, Charlotte, NC, Dallas, TX, Purchase, NY, NYC, NY, Morristown, NJ or any of our other US based 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:
  • Handle Commercial Property claim exposures for North American Property business units, including related systems and processes.
  • Evaluate exposures and make claim decisions on first-party property claims, while providing guidance on complex coverage, liability, and damages issues.
  • Manage loss adjustment expense and ensure efficient, timely, and accurate claim reporting, including narratives and financial calculations.
  • Report exposures, reserves, trends, and claim metrics to Underwriting, Senior Management, Reinsurers, and key internal stakeholders.
  • Partner with Actuary, Cede Re, Underwriting, Operations, Finance, and other functional groups to support reporting, communication, and business needs.
  • Maintain compliance with best practices and procedures, build strong relationships with brokers and agents, and support additional duties and travel as needed.
What You’ll Bring
  • Minimum 5 years of relevant claims experience with a track record of increasing responsibility.
  • Direct experience handling Commercial Property and E&S Property claims, including quota-share, shared/layered, and excess claims.
  • Preference for candidates pursuing or holding an insurance designation such as CPCU.
  • Proven ability to manage high-volume workflows effectively, including during catastrophic events.
  • Strong collaboration skills with the ability to build close working relationships across departments, especially Underwriting and Actuarial.
  • Excellent negotiation, analytical, written, organizational, and computer skills; construction/property estimating and experience with Guidewire, Genius, or ImageRight are a plus.

Salary Range: $100,000 – $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.

Summary

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 page 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.

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