Global Short-Tail Pricing Actuary

Job Description 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.