Senior Actuary, Global Projects and Short-Tail Pricing

Sompo International•Conshohocken, PA

5d•Onsite

About The Position

Sompo is hiring a Senior Actuary for its Central Pricing team to support high-profile, long-term strategic projects across its global short-tail portfolio, with a particular focus on the future-state vision for Property pricing. The role will help design and implement a globally consistent pricing approach across HX, improving pricing sophistication, analytics, and decision-making. It partners with underwriting, actuarial, portfolio management, data, and technology teams worldwide to deliver pricing initiatives that embed best practices, enhance consistency, and elevate pricing standards. The position is based in Sompo’s Conshohocken, Pennsylvania office. It supports the transformation of global Property pricing capabilities and strategy, developing technical pricing methodologies, models, standards, and scalable solutions. The role advances analytics and portfolio optimization, contributes to reinsurance strategy, and drives cross-product initiatives and globally aligned pricing outcomes.

Requirements

Minimum of 7–10 years of general insurance pricing experience.
Qualified actuary, or equivalent relevant actuarial or pricing experience.
Strong knowledge of technical pricing, pricing methodology, portfolio management, and performance monitoring techniques.
Working knowledge of coding and data analysis tools, preferably R, Python, and SQL.
Excellent technical and analytical skills, sound actuarial judgment, and commercial awareness.
Strong communication skills, including the ability to explain complex technical concepts clearly to underwriting, actuarial, technology, and senior leadership audiences.
Strong interpersonal skills and ability to collaborate across functions, regions, and product lines.
Highly organized and self-motivated, with the ability to manage competing priorities, support multiple projects, and deliver to deadlines.
Ability to work effectively in a project-based environment, supporting long-term strategic initiatives while maintaining focus on practical business outcomes.

Nice To Haves

Exposure to Property pricing.
Experience supporting pricing model development, pricing transformation, or pricing platform implementation.
Experience working on strategic projects involving multiple stakeholders, regions, or product lines.
Exposure to capital modelling, reinsurance pricing, or allocation of capital and reinsurance costs.

Responsibilities

Help shape and deliver the transformation of Sompo’s global Property pricing capabilities and future-state pricing strategy.
Partner with underwriting, pricing, and portfolio management teams to develop and implement a globally consistent pricing framework within HX.
Design and enhance technical pricing methodologies, models, and standards to improve consistency, transparency, and decision-making across the global Property portfolio.
Lead actuarial input into pricing solutions, translating business requirements into scalable capabilities through design, testing, and implementation.
Advance pricing sophistication through predictive modeling, advanced analytics, enhanced segmentation, integrated data assets, and portfolio optimization.
Develop pricing capabilities for renewal tiering, risk selection, capacity management, capital allocation, reinsurance cost allocation, and underwriting decision-making.
Generate portfolio insights, performance reporting, and analytical recommendations to support profitable growth and strategic business decisions.
Influence reinsurance strategy through pricing analysis, portfolio insights, and development of reinsurance submissions.
Drive cross-product pricing initiatives that embed best practices, strengthen governance, and promote consistency across lines of business.
Use data, technology, and analytical innovation to build scalable pricing solutions and enhance business performance.
Collaborate with underwriting, catastrophe modeling, data, technology, and regional teams to deliver globally aligned, commercially impactful pricing outcomes.

Benefits

Competitive compensation combining base salary and incentives, with awards linked to company and individual performance.
Choice of two medical plans, including a Traditional PPO and a Consumer Driven Health Plan with a Health Savings Account and employer contribution.
Pharmacy benefits with mail-order options.
Dental benefits, including orthodontia for adults and children.
Vision benefits.
Health Care and Dependent Care Flexible Spending Accounts.
Company-paid Life and AD&D benefits, with optional supplemental life coverage for employees, spouses, and children.
Company-paid disability benefits with salary continuation payments.
401(k) Retirement Savings Plan with employer contributions.
Paid-time-off programs and company-paid holidays.
Parental leave and adoption assistance.
Employee Assistance Program.
Tax-free commuter benefit.
Tuition reimbursement and professional qualification benefits.