Sr. Claims Counsel, Miscellaneous Professional Lines
Job Description
Are you looking for your next opportunity?
Sompo has a unique opportunity for a Miscellaneous Professional Lines Senior Claim Counsel in our U.S. Financial Lines Claim 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 Professional Lines/E & O claims.
Location: This position may be based out of any of our New York, NY, Purchase, NY, Garden City, NY, Morristown, NJ, Alpharetta, GA or Chicago, IL locations. 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 complex Professional Liability claims
- Provide coverage, liability and damages analysis for complex professional liability claims
- Proactively identify exposures and claim trends which may affect the portfolio and provide written assessments to the SompoPro business unit
- Resolve problems and respond to coverage questions for SompoPro underwriting team and senior management
- Professional Lines policy drafting
- Effectively represent Company interests at client meetings, mediations, external meetings and industry events
What you’ll bring:
- Minimum of three (3) years experience as an E & O Claims Counsel at an Insurance Company, and/or in combination with law firm experience is required
- Juris Doctor degree required
- Proven ability to provide coverage, liability and damages analysis for complex professional liability claims, specifically on insurance agent/broker, design professional and other miscellaneous classes of business
- Direct handling of complex E &O claims, primary and excess
- Strong experience attending mediations and negotiating settlements
- Professional lines policy drafting experience
- Ability to establish close working relationship with underwriting, actuarial and legal
- Excellent presentation, verbal and written communication skills. Candidates may be asked to provide writing samples
- Analytical, decision making and resource management skills with attention to detail
- Strong commitment to providing superior client service
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 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. If you need an accommodation for any part of the application process, please contact the recruiter in charge.