Sr. Claims Counsel, Lawyers Professional Liability
Sompo · Garden City, NY · 1 mo ago
On-siteLegal$125k–$175k/yrFull-time
About the role
Sompo is seeking a Sr. Claims Counsel, Lawyers Professional Liability to join the North America Insurance Claims team. This position can be based in New York, NY; Garden City, NY; Purchase, NY; Chicago, IL; or Morristown, NJ. The role involves managing a full caseload of Professional Liability claims, primarily Lawyers Professional Liability matters, and making substantive claim decisions.
Responsibilities
- Manage a full caseload of Professional Liability claims, focusing on Lawyers Professional Liability matters.
- Review loss notices, claims documents, and policy language to determine coverage, liability, exposure, and appropriate reserves.
- Provide complex coverage, liability, and damages analysis for Lawyers Professional Liability claims and other lines of business as needed.
- Identify claim trends and emerging exposures, and report them accurately and timely to underwriting and management.
- Support underwriting and other internal teams through legal review, policy drafting, and cross‑functional communication.
- Contribute to the Global Claims Team through collaboration on projects, industry engagement, complex claims support, and travel as needed.
Requirements
- Law degree required.
- 3–7 years of progressively responsible experience in Lawyers Professional Liability claims handling or related litigation.
- Experience at both a law firm and an insurance carrier is preferred.
- Pursuit of an insurance designation such as RPLU or CPCU is preferred.
- Proven experience handling complex, high‑profile, high‑exposure Lawyers Professional Liability claims, including evaluation, negotiation, and settlement.
- Meaningful legal review and policy drafting experience with the ability to build strong working relationships across departments such as underwriting and actuarial.
Skills
- Strong negotiation, analytical, written, organizational, marketing, communication, and mediation skills.
- Proficiency with MS Office and claims systems such as Guidewire, Genius, and ImageRight.
Pay
Salary range: $125,000 – $175,000. Actual compensation will depend on factors including cost of living for the work location, qualifications, skills, competencies, and relevant experience.
Benefits
- Two medical plans to choose from: Traditional PPO and Consumer Driven Health Plan with a Health Savings Account and 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 optional supplemental life coverage for employee, spouse, and 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 and Adoption Assistance program.
- Employee Assistance Program.
- Tax‑Free Commuter Benefit.
- Tuition Reimbursement & Professional Qualification benefits.