Claims Counsel, CML

About the role

This role will manage claims arising from or involving policies issued from Sompo’s US Commercial Management Liability (“CML”) Private Company team. This position handles US CML Private Company (D&O, Fiduciary Liability and Fidelity) claims and provides legal review and support to Underwriting.

Responsibilities

• Manage U.S. CML Private Company claims, including related systems and processes
• Evaluate exposures and make substantive claim decisions (and support other lines as needed)
• Provide coverage, liability, and damages analysis for Private D&O, Fiduciary Liability, and Fidelity claims
• Proactively identify claim trends and emerging exposures affecting CML portfolios
• Ensure timely, accurate exposure and claim reporting (narrative and financial) to underwriting and management
• Collaborate with global claims colleagues and internal stakeholders; support projects, conferences/publishing, complex claims, and travel/other duties as needed

Requirements

JD (law degree) required; recent graduates considered with relevant experience

PREFERRED: Preferred 1–5 years in D&O claims handling or related litigation with increasing responsibility

PREFERENCE FOR EXPERIENCE: Preference for experience at both a law firm and an insurance carrier

Pursuing/holding insurance designations (e.g., RPLU, CPCU) strongly preferred

PROVEN COMPLEX D&O/RELATED CLAIMS HANDLING: Proven complex D&O/related claims handling (evaluation, negotiation, settlement) plus meaningful legal review and mediation experience

STRONG CROSS-FUNCTIONAL COLLABORATION: Strong cross-functional collaboration (underwriting/actuarial), communication/marketing, and analytical/writing/organizational skills; strong MS Office and claims systems experience (Guidewire/Genius/ImageRight a plus)

WILLINGNESS TO TRAVEL OCCASIONALLY: Willingness to travel occasionally for business meetings, conferences, etc.

Qualifications

JD (law degree) required

Skills

Strong cross-functional collaboration (underwriting/actuarial), communication/marketing, and analytical/writing/organizational skills; strong MS Office and claims systems experience (Guidewire/Genius/ImageRight a plus)

Benefits

Summary We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs:

• 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

Pay

Salary Range: $125,000-$175,000

Schedule

Location: This position will be based out of our New York, NY; Garden City, NY; Purchase, NY; Morristown, NJ; Los Angeles, CA or Miami, FL office.