Claims Counsel Cml

Profile

Claims Counsel – CML

The candidate will handle US CML claims and related systems and processes. Evaluate exposures and make substantive claim decisions for US CML claims and as needed on other lines of business. Proven ability to provide coverage, liability, and damages analysis for complex D&O claims, including public and private D&O, Fiduciary Liability, and Fidelity. Ability to proactively identify trends and exposures that may affect the CML portfolio. Support underwriting with legal review and policy drafting. Ensure timely and accurate reporting of exposure to underwriting and management. Ensure appropriate narrative and arithmetic reports are timely prepared and disseminated. As part of the Global Claims Team you will be expected to contribute to the success of the team by working closely with your colleagues worldwide on various projects as directed by the management and other members of Executive Team. This may include attending various industry conferences, possibly as a speaker/presenter, publishing on current claim trends and issues and assisting other offices on complex claims. Other duties as required by management. Some travel as required. Law degree required. Minimum of 5-10 years’ experience required in D&O claims handling or related litigation with a career history of increasing responsibility. Preference will be given if experience was at both a law firm and with an insurance carrier. Strong preference for candidate who has pursued or is in the process of pursuing an insurance related designation e.g. RPLU or CPCU. Direct handling of complex high profile/high exposure D&O and related claims with an emphasis on evaluating, handling, negotiating and settling complex matters with exposures in excess of $10M. Meaningful legal review experience and policy drafting experience. Demonstrated ability to establish close working relationship with other departments including underwriting & actuarial. Strong negotiating, analytical, written and organizational skills with relevant mediation experience. Excellent marketing and communication skills. Strong computer skills (MS Word, Excel, Outlook and various in-house claims systems –Guidewire, Genius, ImageRight is a plus).

Additional Information

Job ID: R301.

Company info

Sompo International Holdings Ltd.
600 Campus Road Floor 4
Florham Park
New Jersey
United States 07932
Website : https://www.sompo-intl.com/