About the Role
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.
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, and 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.
- Focus on designing 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 ensure global consistency.
- Leverage technology to develop data assets that enhance 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 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
- R
- Python
- SQL
- Pricing
- Portfolio Management
- Actuarial Judgement
- Commercial Awareness
Location
- London
Work Type
- Full-time
Experience Level
- 5-7 years
