Claims Counsel, CML, Public Companies
About The Position
Sompo has a unique opportunity for a Claims Counsel, CML in our Insurance Claims team. This role will manage claims arising from or involving policies issued from Sompo’s US Commercial Management Liability (“CML”) Public Company team. This position handles US CML Public Company (D&O, Fiduciary Liability and Fidelity) claims and provides legal review and support to Underwriting. The successful candidate will be able to provide insight and analysis on complex US CML Public Company claims. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.
Requirements
- JD (law degree) required; recent graduates considered with relevant experience
- Preference for experience at both a law firm and an insurance carrier
- Proven complex D&O/related claims handling (evaluation, negotiation, settlement) plus meaningful legal review and mediation experience
- Strong cross-functional collaboration (underwriting/actuarial), communication/marketing, and analytical/writing/organizational skills
- Strong MS Office and claims systems experience (Guidewire/Genius/ImageRight a plus)
- Willingness to travel occasionally for business meetings, conferences, etc.
Nice To Haves
- 1–5 years in D&O claims handling or related litigation with increasing responsibility
- Pursuing/holding insurance designations (e.g., RPLU, CPCU) strongly preferred
Responsibilities
- Manage U.S. CML Public Company claims, including related systems and processes
- Evaluate exposures and make substantive claim decisions (and support other lines as needed)
- Provide coverage, liability, and damages analysis for Public D&O, Fiduciary Liability, and Fidelity claims
- Proactively identify claim trends and emerging exposures affecting CML portfolios
- Ensure timely, accurate exposure and claim reporting (narrative and financial) to underwriting and management
- Collaborate with global claims colleagues and internal stakeholders; support projects, conferences/publishing, complex claims, and travel/other duties as needed
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
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
Ph.D. or professional degree
