AVP, Claims Counsel
1 day ago
At Sompo International, we are seeking an experienced AVP, Claims Counsel to join our Aviation Claims team. As a key member of our team, you will be responsible for handling US Aviation high exposure claims, providing legal review and policy drafting support to Underwriting, and analyzing complex high-profile/high-exposure US Aviation claims.
Key Responsibilities:- Handle US Aviation claims and related systems and processes
- Evaluate exposures and make substantive claim decisions for US Aviation claims
- Provide coverage, liability, and damages analysis for complex Aviation claims, including Hull and Liability
- Draft coverage, liability, and damages analysis and position letters
- Directly communicate with insureds and claimants and negotiate first and third-party claim settlements with parties or their attorneys
- Manage litigation, including identifying and coordinating with defense counsel and experts
- Proactively identify trends and exposures that may affect both the Aviation portfolios
- 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
- Minimum of 8 years' experience required in Aviation claims handling or 5 years' related experience in litigating multi-party serious injury and wrongful death cases with a career history of increasing responsibility
- Law degree required, preference will be given if experience was at both a law firm and with an insurance carrier
- Direct handling of complex high-profile/high-exposure Aviation and related claims with an emphasis on evaluating, handling, negotiating, and settling complex matters with exposures in excess of $5M
- 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
- Excellent marketing and communication skills
- Strong computer skills (MS Word, Excel, Outlook, and various in-house claims systems)
- Competitive salary range: $135,000 - $195,000
- Market-driven compensation and benefits programs
- Excellent family-friendly policies and flexible working provisions
- Opportunities for career growth and development
- A dynamic and inclusive work environment
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