Job Description
Are you looking for your next opportunity?
Sompo has a unique opportunity for a VP, Dental Professional Liability Claims in our Healthcare Claims team.
As the leader of the dental claims program, you will be working with third party administrators, agents, claims professionals, underwriting, and reinsurance teams. This position oversees TPA and claims professionals handling dental professional liability claims to provide exceptional customer service. The successful candidate will be able to provide insight and analysis on dental professional liability and regulatory claims and will report to the Head of US Healthcare Claims.
Location: This position will be based out of our any of our Sompo US office locations. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.
Our business, your impact, our opportunity:
What you’ll be doing:
Handle a wide range of dental professional liability claims, including state regulatory complaints, licensing board complaints, and bad faith litigation, while guiding strategic settlement/disposition decisions.
Work with managing general agents, insureds, State Dental Associations, and oversee TPA partners in claim investigations, analysis, and evaluations within best practices.
Recruit, hire, and retain top talent, develop succession plans, and provide technical advice, training, and strategic direction to direct reports and TPA partners.
Identify trends and exposures impacting the dental malpractice portfolio, address process gaps, improve efficiencies, and deliver training and development opportunities.
Assist underwriting with legal reviews, policy drafting, and ensure accurate reporting to management and reinsurers, while contributing to global claims projects and industry initiatives.
Participate in cross-office projects, industry conferences, and publishing efforts, while supporting functional groups and fulfilling additional duties as required, including occasional travel.
What you’ll bring:
Minimum of 10 years’ experience in handling claims involving dental professional liability with a career history of increasing respon
sibility and an emphasis on evaluating, handling, negotiating, and settling complex matters. Experience in General Liability, Employment Practices Liability, ERISA Fiduciary Liability and Commercial Property a plus.
Minimum of 5 years experience managingTPAs
Knowledge of TPA’s processes in a risk, internal audit or delegated authority perspective
Law degree required, preference will be given if experience was at both a law firm and with an insurance carrier. Adjusters license required.
Strong preference for candidate who has pursued or is in the process of pursuing an insurance related designation, e.g., RPLU or CPCU.
Meaningful legal review experience and policy drafting experience.
Demonstrated ability to establish close working relationship with other departments including underwriting, reinsurance, & 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 –Guidewire, Genius, ImageRight is a plus).
Travel as needed
Salary Range: $170,000 – $250,000. 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 achieve our goals worldwide. Life at Sompo page
Our 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.
