Assistant Vice President, Complex Casualty

Job Description

Are you looking for your next opportunity?

Sompo is seeking an Assistant Vice President for its Complex Casualty team to handle severity bodily injury and property damage claims.  The candidate will be responsible for handling a pending of primary and excess liability claim files presenting significant exposure to Sompo and its insureds.  

This position can be based out of any of our US Sompo office locations. New York City, Garden City, NY, Purchase, NY, Morristown, NJ, Chicago, IL, Charlotte, NC or Alpharetta, GA are preferred.

We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

What you’ll be doing:

• Direct handling of complex casualty files involving significant bodily injury, property damage, and/or significant coverage issues.

• Applying and demonstrating strong technical knowledge, legal insights, accuracy, and responsiveness on claim files with a high degree of customer service.

• Providing coverage and analytical analysis of potential exposures, developing successful litigation and resolution strategy, establishing appropriate reserves on files;

• Timely identifying and elevating potential large losses and communicate effectively internally and externally 

What you’ll bring:

• 15+ years experience in an insurance-related technical claims position with an emphasis on excess liability, catastrophic bodily injury and/or property damage, and severity claims handling.

• BA/BS degree required. Juris Doctorate optional

• Insurance related professional designations/education such as CPCU, IIA & SCLA a plus

• Excellent writing, presentation and communication skills and ability to establish close working relationship with the underwriting team through open communication and assist with aspects of marketing

• Some travel required

Salary Range: $150,000 – $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 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

Who 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