Sr. Claims Counsel, Lawyers Professional Liability

Endurance Services LimitedNew York City, NY
Hybrid

About The Position

Sompo has a unique opportunity for a Sr. Claims Counsel, Lawyers Professional Liability in our North America Insurance Claims team. This position will be based out of our New York, NY, Garden City, NY, Purchase, NY, Chicago, IL or Morristown, NJ office location. 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
  • 3–7 years of progressively responsible experience in Lawyers Professional Liability claims handling or related litigation.
  • Proven experience handling complex, high-profile, high-exposure Lawyers Professional Liability claims, including evaluation, negotiation, and settlement.
  • Meaningful legal review and policy drafting experience, with the ability to build strong working relationships across departments such as underwriting and actuarial.
  • Strong negotiation, analytical, written, organizational, marketing, communication, mediation, and computer skills, including MS Office and claims systems such as Guidewire, Genius, and ImageRight.

Nice To Haves

  • Experience at both a law firm and an insurance carrier is preferred
  • Pursuit of an insurance designation such as RPLU or CPCU

Responsibilities

  • Manage a full caseload of Professional Liability claims, primarily Lawyers Professional Liability matters, and make substantive claim decisions.
  • Review loss notices, claims documents, and policy language to determine coverage, liability, exposure, and appropriate reserves.
  • Provide complex coverage, liability, and damages analysis for Lawyers Professional Liability claims and other lines of business as needed.
  • Identify claim trends and emerging exposures, and report them accurately and timely to underwriting and management.
  • Support underwriting and other internal teams through legal review, policy drafting, and cross-functional communication.
  • Contribute to the Global Claims Team through collaboration on projects, industry engagement, complex claims support, and travel 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

Senior

Education Level

Ph.D. or professional degree

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