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Sr. Claim Counsel, EPL

$60.1 per hour
Full-time

Sompo International

Job DescriptionAre you looking for your next opportunity?Sompo has a unique opportunity for a Sr. Claims Counsel, EPL in our US Employment Practices Liability (“EPL) Claims team.This position handles Employment Practices Liability claims involving Commercial Management Liability and Financial Institutions Insureds and provides legal review and policy drafting support to Underwriting. The successful candidate will be able to provide insight and analysis on complex high profile/high exposure US EPL claims.Location: This position will be based out of any of our Sompo USoffice locations. We strive for collaboration which is why we offer a work environmentwhere our employees thrive and develop long lasting careers.Our business, your impact, our opportunity:What you’ll be doing:Manage US Employment Practices Liability (EPL) claims, related systems, and processes, while evaluating exposures and making substantive claim decisions across EPL and other business lines.Provide coverage, liability, and damages analysis for EPL claims, with general knowledge of Director and Officer (D&O) liability claims and identify trends/exposures affecting CML or FI portfolios.Support underwriting through legal reviews, policy drafting, and timely reporting of exposures to underwriting and management.Prepare and distribute accurate narrative and arithmetic reports in a timely manner.Collaborate with the Global Claims Team on projects, including attending industry conferences, publishing on claim trends, and assisting other offices with complex claims.Communicate with and support underwriting, functional groups, and management, while handling additional duties and travel as required.What you’ll bring:Law degree requiredMinimum of 5-8 years’ experience required in primarily EPL claims handling or related litigation with a career history of increasing responsibilityPreference will be given if experience was at both a law firm and with an insurance carrierStrong preference for candidate who has pursued or is in the process of pursuing an insurance related designation e.g. RPLU or CPCUExposure to or direct handling of complex high profile/high exposure management liability claims with an emphasis on evaluating, handling, negotiating, and settling complex matters Minimal travel as needed for claims mediationSalary 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.At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs:Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contributionPharmacy benefits with mail order optionsDental benefits including orthodontia benefits for adults and childrenVision benefitsHealth Care & Dependent Care Flexible Spending AccountsCompany-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & childrenCompany-paid Disability benefits with very competitive salary continuation payments401(k) Retirement Savings Plan with competitive employer contributionsCompetitive paid-time-off programs, including company-paid holidaysCompetitive Parental Leave Benefits & Adoption Assistance programEmployee Assistance ProgramTax-Free Commuter BenefitTuition Reimbursement & Professional Qualification benefitsWho we are and what we stand for:At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide. Life at Sompo pageOur values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.SummaryLocation: New York City, New York; Alpharetta, Georgia; Chicago, Illinois; Boston, Massachusetts; Charlotte, North Carolina; Miami, Florida; Morristown, NJType: Full time

Vacancy posted 3 days ago
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