Summary:
An exciting opportunity to work on a high-profile project based role as a Global Short-Tail Pricing Actuary. The role will present fantastic opportunities to learn from, and engage with well-established business units across multiple regions as we renovate the pricing landscape.
The role will be based out of London with the prospect to travel if desired (non-essential).
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.
- The role focuses on designing the model specifications rather than building in HX
- 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.
Qualifications:
- Minimum of 5-7 years of GI pricing experience, preferably with exposure to pricing a short-tailed line of business.
- Previous exposure to capital modelling 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.
Skills Required
- 5-7 years general insurance pricing experience, preferably short-tailed lines
- Exposure to capital modelling
- Working knowledge of coding languages (preferably R, Python and SQL)
- Excellent communication and interpersonal skills for varied audiences
- Strong knowledge of pricing and portfolio management techniques
- Highly organized, self-motivated, able to prioritize and meet deadlines
- Excellent technical and analytical skills with sound actuarial judgment and commercial awareness
What We Do
As one of the leading writers of crop insurance in the United States, AgriSompo North America blends extensive industry experience with cutting-edge software development to provide powerful, proactive agricultural risk management for the nation’s farmers and ranchers. We operate within a culture of integrity, and a deeply rooted belief that collaboration, agility, and stellar customer service are crucial to long-term success. Our nationwide network of independent crop insurance agents provides direct and customized options to fit each producer’s needs, with solutions ranging from traditional multi-peril, crop hail, and livestock insurance to highly innovative and unique private products.
