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:
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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:
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predictive modeling
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integrated data pipelines
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connected 3rd party data sources
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Establish consistent and comparable technical pricing across Sompo’s short-tailed global business.
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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.
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The role focuses on designing the model specifications rather than building in HX
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Work closely with underwriting and pricing leadership to support the curation of a high-quality portfolio.
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Develop and maintain performance monitoring reports providing insight and MI.
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Support the development of reinsurance strategy and build compelling reinsurance submissions.
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Coordinate the annual planning process across property business units and technical staff to global ensure consistency.
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Leverage technology to develop of data assets that enhance our analytic capabilities.
Qualifications:
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Minimum of 5-7 years of GI pricing experience, preferably with exposure to pricing a short-tailed line of business.
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Previous exposure to capital modelling would be advantageous but not essential.
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Working knowledge of coding languages, preferably R, Python and SQL.
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Excellent communication (to a variety of audiences) and interpersonal skills are required alongside the ability to work collaboratively.
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Strong knowledge of pricing and portfolio management techniques.
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Highly organized and self-motivated with proven ability to prioritize projects and execute to deadline.
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Excellent technical and analytical skills, combined with sound actuarial judgement and commercial awareness.