Claims Counsel, CML, Public Companies
Sompo · Los Angeles, CA · 1 wk ago
On-siteLegal$125k–$175k/yrFull-time
Location: New York, NY; Garden City, NY; Purchase, NY; Morristown, NJ; Los Angeles, CA or Miami, FL
About the role
This position manages claims arising from or involving policies issued from Sompo’s US Commercial Management Liability (“CML”) Public Company team. The role handles US CML Public Company (D&O, Fiduciary Liability and Fidelity) claims and provides legal review and support to Underwriting.
Responsibilities
- Manage U.S. CML Public 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 Public 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 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
- 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