Sr. Claim Counsel, EPL
About The Position
Sompo has a unique opportunity for a Sr. Claims Counsel, EPL in our US Employment Practices Liability (“EPL) Claims team. This position handles Employment Practices Liability claims involving Commercial Management Liability and Financial Institutions Insureds and provides legal review and policy drafting support to Underwriting. The successful candidate will be able to provide insight and analysis on complex high profile/high exposure US EPL claims. This position will be based out of any of our Sompo US office locations. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.
Requirements
- Law degree required
- Minimum of 5-8 years’ experience required in primarily EPL claims handling or related litigation with a career history of increasing responsibility
- Exposure to or direct handling of complex high profile/high exposure management liability claims with an emphasis on evaluating, handling, negotiating, and settling complex matters
- Minimal travel as needed for claims mediation
Nice To Haves
- Preference will be given if experience was at both a law firm and with an insurance carrier
- Strong preference for candidate who has pursued or is in the process of pursuing an insurance related designation e.g. RPLU or CPCU
Responsibilities
- Manage US Employment Practices Liability (EPL) claims, related systems, and processes, while evaluating exposures and making substantive claim decisions across EPL and other business lines.
- Provide coverage, liability, and damages analysis for EPL claims, with general knowledge of Director and Officer (D&O) liability claims and identify trends/exposures affecting CML or FI portfolios.
- Support underwriting through legal reviews, policy drafting, and timely reporting of exposures to underwriting and management.
- Prepare and distribute accurate narrative and arithmetic reports in a timely manner.
- Collaborate with the Global Claims Team on projects, including attending industry conferences, publishing on claim trends, and assisting other offices with complex claims.
- Communicate with and support underwriting, functional groups, and management, while handling additional duties and travel as required.
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
Senior
Education Level
Ph.D. or professional degree
