About the Role
Sompo has a unique opportunity for a Miscellaneous Professional Lines Senior Claim Counsel to provide insight and analysis on complex high profile/high exposure Professional Lines/E & O claims, complementing the existing professional liability claims team.
Responsibilities
- 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
Requirements
- 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
- 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
Skills
- Coverage analysis
- Liability analysis
- Damages analysis
- Claim handling
- Mediation
- Negotiation
- Policy drafting
- Presentation skills
- Verbal communication
- Written communication
- Analytical skills
- Decision making
- Resource management
- Client service
Location
- New York, NY
- Purchase, NY
- Garden City, NY
- Morristown, NJ
- Alpharetta, GA
- Chicago, IL
Work Type
- Hybrid
Experience Level
- Senior
Education Level
- Juris Doctor degree
Salary/Compensations
- $125,000-$175,000
Benefits
- 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
About the Company
- 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.
Equal Opportunity
- 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.
