Claims Specialist, Construction

About the Role

Sompo is seeking a Claims Specialist, Construction to join our Casualty Claims team. This role is responsible for the direct handling and management of primary and excess General Liability claims for Construction-related insureds. The position can be based out of several U.S. office locations, including Alpharetta, GA, Charlotte, NC, Irvine, CA, Miami, FL, Dallas, TX, Scottsdale, AZ, and New York, NY.

Responsibilities

• Direct handling and management of primary and excess General Liability claims for Construction-related insureds, including Bodily Injury, Property Damage, and potentially Construction Defect.
• Provide coverage and analytical analysis of potential exposures and establish appropriate reserves.
• Communicate appropriate responses to management and underwriters on new losses and provide written assessments on loss and expense trends and high exposure cases.
• Manage counsel where assigned; develop and execute strategy to control expenses and resolve litigated claims; and effectively represent the company’s interests in meetings and negotiations.
• Proactively manage correspondence, claim files, and maintain an accurate and current diary in compliance with company standards.
• Support underwriters and actuaries during the renewal process and maintain claim and industry-related expertise to assure technical competency and communicate significant issues and relevant changes.

Qualifications

• BA/BS degree preferred; Juris Doctorate preferred but not required.
• Adjuster’s license required.
• Minimum 3-5 years in an insurance technical claims position or at a law firm with an emphasis on managing Construction-related files.
• Insurance-related professional designations or education such as CPCU, IIA, or SCLA a plus.

Skills

• Excellent writing, presentation, and communication skills, with the ability to assess coverage, tender opportunities, claim strategy, reserving, and resolution options.
• Ability to establish strong working relationships with underwriting partners, manage multiple projects to successful completion, prioritize independently, and work effectively as a self-starter and team player.
• Strong computer skills, including MS Word, Excel, Outlook, and claims systems; Guidewire, Genius, and ImageRight experience a plus.

Pay

Salary Range: $70,000 – $125,000. 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.