Claims Counsel, CML, Private Companies

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

Location: New York, NY; Garden City, NY; Purchase, NY; Morristown, NJ; Los Angeles, CA or Miami, FL.

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 1–5 years in D&O claims handling or related litigation with increasing responsibility
• 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 (evaluation, negotiation, settlement) plus meaningful legal review and mediation experience
• 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 for business meetings, conferences, etc.

Pay

Salary Range: $125,000–$175,000. Actual compensation will depend on cost of living, qualifications, skills, competencies, and relevant experience.

Benefits

• Two medical plans to choose from: Traditional PPO & Consumer Driven Health Plan with a Health Savings account (competitive employer contribution)
• Pharmacy benefits with mail order options
• Dental benefits including orthodontia for adults and children
• Vision benefits
• Health Care & Dependent Care Flexible Spending Accounts
• Company-paid Life & AD&D benefits, with option to purchase Supplemental life coverage for employee, spouse & children
• Company-paid Disability benefits with 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