We are seeking a nearly qualified or qualified actuary to join the Corporate Reserving team for Sompo International.
The successful candidate will report to a senior member of the Corporate Reserving team and assist with a range of Corporate Reserving activities for Sompo International. The Corporate team will support the main quarterly reserving process together with a number of other projects including group wide analytical exercises and Reserving platform development.
Main Duties and Responsibilities:
Assist with Quarterly Reserving Responsibilities
- Contribute to running the quarterly reserving process including assisting with data quality checks, peer review of IBNR selections
- Support the group Catastrophe Reserving process, including initial draft selections, drafting meeting materials, supporting ACE team queries, and liaising with claims and ceded teams.
- Support preparation of best practice reserve materials and outputs provided to key stakeholders, such as the CFO Reserve Meeting materials and Group Reserve Committee
- Lead MI production for monthly emergence reporting, including engaging with ACE and Claims teams, and distributing insights to management teams monthly.
Support with maintenance of reserve platform
- Understand the workings of the “front end” of the reserve platform to be able to quickly implement selections and judgements
- Suggest and help to implement improvements to the platform
- Liaise with wider Sompo-wide initiatives to improve data quality
- Contribute towards developing automation capabilities within SRP, exploring the use of artificial intelligence and other newly emerging techniques to deliver cutting-edge reserving solutions
Reporting Lines
The role will report to a senior member of the Corporate Reserving team. The role will be supported by a dedicated reserving team based in London and New York and will also, sometimes, benefit from access to shared resources from across the Group reserving team.
Skills, Qualifications and Experience:
- A newly qualified actuary with at least 4 years experience, preferably with strong exposure to reserving
- Excellent interpersonal, written and oral communications skills, including a proven ability to build relationships with senior management and underwriting teams.
- The candidate must be well-organised, with the ability to thrive in a fast-paced environment and consistently meet deadlines without compromising quality.
- Strong IT skills are required, including proficiency with the usual MS Office Products and some programming experience would be beneficial.
Top Skills
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.
