Jobs · Finance · New York

Sr Claims Specialist

Sompo · New York, NY · 1 wk ago
On-siteFinance$125k–$175k/yrFull-time

This position primarily focuses on the execution of claim handling responsibilities for a complex primary and excess casualty portfolio with specific emphasis on Construction Defect, Job Site Bodily Injury, OCIP/CCIP, and/or New York Labor Law matters.

Responsibilities

  • Manage a casualty claims portfolio focused on Construction Defect, Job Site Bodily Injury, OCIP/CCIP, and New York Labor Law matters, including coverage analysis, exposure assessment, reserving, and claim resolution.
  • Communicate loss assessments and recommendations to management and underwriting teams and provide written analysis of high-exposure claims and loss trends.
  • Direct litigation strategy and oversee defense counsel to control expenses, achieve favorable outcomes, and resolve claims through negotiation and mediation.
  • Analyze loss and expense trends, support improvement initiatives, and ensure timely, accurate documentation of claim activity, correspondence, and diary management.
  • Represent the company's interests in meetings, negotiations, and mediations while collaborating with underwriters and actuaries throughout the renewal process.
  • Maintain technical expertise in casualty claims handling, provide guidance on industry developments, and consult on policy and endorsement drafting as needed.

Requirements

  • Bachelor's degree required; Juris Doctor preferred.
  • CPCU, IIA, SCLA, or similar professional designations are a plus.
  • 7–10 years of experience in technical insurance claims or insurance defense law with expertise in Construction Defect, Job Site Bodily Injury, OCIP/CCIP, and New York Labor Law exposures.
  • Strong technical claims expertise, including coverage analysis, tender opportunities, reserving, underlying policy limit/SIR evaluation, claim file audits, and claim resolution through negotiation and mediation.
  • Proven ability to build strong partnerships with underwriting teams, support marketing efforts, manage multiple priorities, and work independently in a collaborative environment.
  • Excellent written, presentation, communication, and computer skills, including proficiency with Microsoft Office; experience with Guidewire, Genius, and ImageRight preferred.
  • Willing to travel to attend mediations.

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.

Location: This position will be based out of any of our US Sompo Offices. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

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