Global Short-Tailed Pricing Actuary developing globally consistent pricing models and providing analytical leadership for short-tailed property lines at insurance provider Sompo.
Responsibilities
Work directly with short-tailed underwriting units to support the build of an ambitious future state for Property pricing including a new globally consistent pricing model featuring: predictive modeling integrated data pipelines connected 3rd party data sources
Establish consistent and comparable technical pricing across Sompo’s short-tailed global business
Provide leadership in an evolving global property analytical ecosystem as we develop methodology, standards and tools to tier renewals, manage capacity, allocate capital and reinsurance costs, etc
Work closely with underwriting and pricing leadership to support the curation of a high-quality portfolio
Develop and maintain performance monitoring reports providing insight and MI
Support the development of reinsurance strategy and build compelling reinsurance submissions
Coordinate the annual planning process across property business units and technical staff to global ensure consistency
Leverage technology to develop of data assets that enhance our analytic capabilities
Requirements
Minimum of 5-7 years of GI pricing experience, preferably with exposure to pricing a short-tailed line of business
Previous exposure to capital modeling would be advantageous but not essential
Working knowledge of coding languages, preferably R, Python and SQL
Excellent communication (to a variety of audiences) and interpersonal skills are required alongside the ability to work collaboratively
Strong knowledge of pricing and portfolio management techniques
Highly organized and self-motivated with proven ability to prioritize projects and execute to deadline
Excellent technical and analytical skills, combined with sound actuarial judgement and commercial awareness
Benefits
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
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