Sr. Claims Counsel, Miscellaneous Professional Lines

Endurance Services Limited•Morristown, NJ

4d•Hybrid

About The Position

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.

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
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

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

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