Senior Technical Specialist, General Liability Claims
Sompo · New York, NY · 3 wk ago
On-siteInformation Technology$115k–$130k/yrFull-time
About the role
Sompo has a unique opportunity for a Senior Technical Specialist, General Liability on our Casualty Claims team. As a Senior Technical Specialist, you will provide insight and analysis on a variety of General Liability Primary Casualty claims, as well as act as a liaison between underwriting, claims, and our Third-Party Administrators.
Responsibilities
- Handle Sompo Casualty claims (primary and/or excess) and related systems and processes
- Provide technical oversight and guidance to TPA claim handlers and supervisors
- Adherence to client-specific claim handling guidelines, providing coverage and analytical analysis of potential exposures
- Manage counsel where assigned; develop and execute strategy to control expenses and resolve litigated claims
- Establish appropriate reserves; Analyze loss and expense trends on a portfolio of claims and assist in the development and implementation of plans to improve results
- Ensure that all claim information is reviewed and accurately and timely recorded; proactively manage correspondence and claim files and maintain a current diary in compliance with company standards
- Effectively represent the company’s interests in meetings and negotiations; maintain a high level of claim and industry related expertise in order to assure technical competency and communicate to team members regarding significant issues and relevant changes
- Support underwriters and actuaries during the renewal process, communicating with and supporting underwriting and other functional groups within the organization
Requirements
- Minimum 5 plus years’ experience required in general liability claims handling with a career history of increasing responsibility with at least 3-5+ years handling excess claims, including large limit and high exposure claims
- Bachelor's degree required, with a JD preferred; Strong preference for candidate who has pursued or is in the process of pursuing an insurance related designation (e.g. RPLU, CPCU IIA, AMIM)
- Multiple state adjuster license a plus
- Demonstrated ability to establish close working relationship with other departments including underwriting & actuarial
- Strong negotiating, analytical, written and organizational skills
- Effective communication with a wide spectrum of people both internally and externally
- Advanced relationship management skills with internal staff and external partners are required
- Strong computer skills (MS Word, Excel, Outlook and various in-house claims systems –Guidewire, Genius, ImageRight is a plus)
- Multiple state adjuster licenses a plus. Successful candidate may be required to obtain licenses or additional state licenses
Qualifications
- Direct handling of a wide variety of general liability exposure claims with an emphasis on evaluating, handling, negotiating and settling litigated and non-litigated matters with typical exposure up to $2M USDD
Skills
- Strong negotiation and analytical skills
- Excellent communication and organizational abilities
- Proficiency in MS Office applications
- Ability to work independently and as part of a team
Benefits
At Sompo, we strive for a collaborative work environment where our employees thrive and develop long-lasting careers. Our Business, Your Impact, Our Opportunity offers a comprehensive range of benefits designed to support your well-being and career growth. These include:
- 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
- Tax-Free Commuter Benefit
- Tuition Reimbursement & Professional Qualification benefits
Pay
$115,000 – $130,000
Schedule
Full-time