Sr. Claims Specialist, Property
About The Position
Sompo has a unique opportunity for a Sr. Claims Specialist in our North America First Party Property Claims team. The successful candidate will be able to adjust commiserate level exposures providing insight and analysis on complex commercial property exposures. The role includes Claim adjustment oversight of our First Party Property claim business, inclusive of Middle Market, Shared & Layered, Excess & Surplus Commercial based property line exposures. This position can be based out of our Boston, MA, Alpharetta, GA, Charlotte, NC, Dallas, TX, Purchase, NY, NYC, NY, Morristown, NJ or any of our other US based offices. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.
Requirements
- Minimum 5 years of relevant claims experience with a track record of increasing responsibility.
- Direct experience handling Commercial Property and E&S Property claims, including quota-share, shared/layered, and excess claims.
- Proven ability to manage high-volume workflows effectively, including during catastrophic events.
- Strong collaboration skills with the ability to build close working relationships across departments, especially Underwriting and Actuarial.
- Excellent negotiation, analytical, written, organizational, and computer skills
Nice To Haves
- Preference for candidates pursuing or holding an insurance designation such as CPCU.
- construction/property estimating and experience with Guidewire, Genius, or ImageRight are a plus.
Responsibilities
- Handle Commercial Property claim exposures for North American Property business units, including related systems and processes.
- Evaluate exposures and make claim decisions on first-party property claims, while providing guidance on complex coverage, liability, and damages issues.
- Manage loss adjustment expense and ensure efficient, timely, and accurate claim reporting, including narratives and financial calculations.
- Report exposures, reserves, trends, and claim metrics to Underwriting, Senior Management, Reinsurers, and key internal stakeholders.
- Partner with Actuary, Cede Re, Underwriting, Operations, Finance, and other functional groups to support reporting, communication, and business needs.
- Maintain compliance with best practices and procedures, build strong relationships with brokers and agents, and support additional duties 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
No Education Listed
