VP, Claims Technical Lead, Workers Comp

Sompo International•Los Angeles, CA

3d•$170,000 - $225,000•Hybrid

About The Position

Sompo has a unique opportunity for a VP, Claims Technical Lead, Workers Comp in our North America Insurance Claims team. Reporting to VP, IPG Workers Comp and General Liability Claims, this position will manage the day-to-day operations of the Workers’ Compensation claims team for Sompo. The successful candidate will supervise the internal Sompo TPA oversight claims team, manage TPAs who handle claims on Sompo’s behalf, and work closely with internal and external business partners. This position will be based out of our Irvine, CA, Los Angeles, CA or Charlotte, NC office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

Requirements

Minimum of 15 years’ experience required in Workers Comp claims handling with a career history of increasing responsibility
Management experience within a carrier for a substantial Workers’ Compensation book of business required
Strong technical acumen and understanding of Workers’ Compensation claims and related processes.
Demonstrated ability to establish close working relationships with internal and external partners, including underwriting, actuarial, brokers and TPAs
Strong analytical, written, and organizational skills
Excellent interpersonal and people management, marketing, and communication skills

Responsibilities

Provide day to day management of the Worker’s Compensation claims team and related systems and processes.
Develop, implement and drive effective oversight practices ensuring best in class handling of Workers’ Comp claims for Sompo insureds.
Ensure timely and accurate reporting of matters to Underwriting and Senior Management
Work closely with Actuary, Cede Re, Underwriting, Operations, Finance to ensure timely reporting on trends, reserves, various claim metrics, etc.
Communicate with and support underwriting and other functional groups within the organization.
Other duties as required by management
Some 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