Assistant Vice President, Complex Casualty

About the role

Sompo is seeking an Assistant Vice President for its Complex Casualty team to handle severity bodily injury and property damage claims. The position can be based out of any of our US Sompo office locations: New York City, Garden City, NY, Purchase, NY, Morristown, NJ, Chicago, IL, Charlotte, NC or Alpharetta, GA.

Responsibilities

• Direct handling of complex casualty files involving significant bodily injury, property damage, and/or significant coverage issues.
• Applying and demonstrating strong technical knowledge, legal insights, accuracy, and responsiveness on claim files with a high degree of customer service.
• Providing coverage and analytical analysis of potential exposures, developing successful litigation and resolution strategy, establishing appropriate reserves on files;
• Timely identifying and elevating potential large losses and communicating effectively internally and externally.

Requirements

• 15+ years experience in an insurance-related technical claims position with an emphasis on excess liability, catastrophic bodily injury and/or property damage, and severity claims handling.
• BA/BS degree required. Juris Doctorate optional.
• Insurance related professional designations/education such as CPCU, IIA & SCLA a plus.
• Excellent writing, presentation and communication skills and ability to establish close working relationship with the underwriting team through open communication and assist with aspects of marketing.
• Some travel required.

Qualifications

Salary Range: $150,000 – $175,000. Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

Benefits

We offer competitive, high-quality compensation and benefit programs to eligible employees. Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.

Pay

The salary range for this role is $150,000 – $175,000. Actual compensation will vary based on factors including the cost of living at your location, your qualifications, skills, and experience.

Schedule

This position can be based out of any of our US Sompo office locations: New York City, Garden City, NY, Purchase, NY, Morristown, NJ, Chicago, IL, Charlotte, NC or Alpharetta, GA.