As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.
Job Description
Are you looking for your next opportunity?
Sompo has a unique opportunity for a Pricing Developer in our Central Pricing and Analytics team.
We are looking for a highly skilled Insurance Professional with a technical background in building and maintaining Pricing models. This individual will play a critical role in our strategic project to transition Excel-based pricing models to an advanced web-based system. HX renew. The ideal candidate will not only be adept in actuarial model building and technical aspects but also excel in collaborating with Underwriters, Actuaries, and wider team of developers.
Location: This position will be based out of our Londonoffice. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.
Our business, your impact, our opportunity:
What you’ll be doing:
- Actuarial Model Development: Develop and implement actuarial and Underwriting models such as exposure rating and experience rating, adapting them for web-based platforms.
- Model Conversion: Work in the transformation of Excel raters (pricing models) to a web-based platform, HX Renew, coordinating across various products and lines of business.
- Developer Collaboration: Work closely and effectively with a team of developers Actuaries and Underwriters, ensuring clear communication and alignment of technical objectives and business needs.
- Technical Expertise: Utilize Python for programming, with a solid understanding of SQL and database management to support effective data integration and analysis.
- Agile Methodology: Apply Agile frameworks to manage project development, ensuring flexibility and efficiency in a dynamic team environment.
- Quality Assurance: Maintain the highest standards of accuracy and compliance in all models and systems, adhering to industry best practices and regulatory requirements.
What you’ll bring:
- Experience in building and understanding actuarial models such as exposure rating and experience rating.
- Strong collaborative skills, with the ability to work effectively in a team, especially with Underwriters and actuaries.
- Proficiency in python or other coding languages, a knowledge of SQL and database structures is beneficial.
- Familiarity with Agile project management methodologies is beneficial
Our Benefits
We continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents. Below are a few highlights of our inclusive benefit programs:
- Expansive Health & Wellness Benefits
- Generous Retirement & Savings Plans
- Global Parental Leave & Adoption Assistance
In today’s world, what do we stand for?
We strive to create exceptional value for our clients and shareholders while maintaining Sompo as an attractive place to work. We foster an environment of ongoing, open dialogue between managers and their direct reports, and believe in an organizational environment where everyone belongs. We proudly are a multi-racial, multi-cultural, global enterprise. We reject all forms of racism, bigotry, prejudice and injustice and continue to invest in building out an inclusive and diverse work environment.
About Us
Expert Partners.
Clarity in complexity.
Unwavering commitment.
We’re Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. Building on Sompo Holdings’ 130 years of innovation, we’re committed to applying all of our experience to simplify yours.
Our dedication to you shows up in the care we put in every detail, working to create a frictionless risk management journey for everyone we serve.
We lead with your priorities, meticulously crafting solutions, sharing insights, and understanding your needs.
Around the world, our 9,000+ employees use their expertise to learn, improve and find clear answers for your complex challenges.
Because when you choose Sompo, you choose the ease of expertise.
To learn more about visit our website at www.sompo-intl.com
