AVP, Actuary

Are you looking for your next opportunity? Sompo has a unique opportunity for an AVP, Actuary in our AgriSompo Analytics and Actuarial team.

About the role

As the AVP, Actuary, you will be responsible for pricing, product development, reserving, and R&D predictive analytics in support of Sompo’s direct agricultural insurance programs across multiple countries within the AgriSompo business segment. This role also includes developing yield prediction models in R, as well as leading product funding and broader predictive analytics initiatives.

Responsibilities

• Develop, run, validate, and implement premium rating, reserving, and risk models for Sompo's agricultural insurance programs globally
• Build satellite-based yield prediction models (NDVI/remote sensing) and product funding models in R to support pricing, funding, and risk selection
• Lead and contribute to R&D predictive analytics projects that advance the team's modeling and risk-assessment capabilities
• Support new product development and collaborate across underwriting, product, and analytics teams
• Meet with external clients and partners, and perform other duties as assigned

Requirements

• Minimum 5 years' actuarial pricing experience
• Strong R programming skills, including statistical and predictive model development; experience with remote sensing or geospatial data a plus
• Bachelor's degree, with specialization in Actuarial Science or Statistics preferred; designation in ACAS or FCAS preferred

Qualifications

• Experience managing analytical processes and projects end to end
• Excellent technical, analytical, written, and oral communication skills
• Exceptionally motivated, organized, and detail oriented; a team player who works well under pressure, meets tight deadlines, and adapts to changing priorities

Skills

• Strong technical skills in actuarial pricing, risk assessment, and predictive modeling
• Experience with R programming and remote sensing/geospatial data analysis
• Strong problem-solving and analytical skills
• Excellent communication and collaboration skills

Benefits

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

Pay

Sompo offers a salary range of $149,000 - $190,000. Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

Summary

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs:

• Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution
• Pharmacy benefits with mail order options
• Dental benefits including orthodontia benefits for adults and children
• Vision benefits
• Health Care & Dependent Care Flexible Spending Accounts
• Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children
• Company-paid Disability benefits with very competitive salary continuation payments
• 401(k) Retirement Savings Plan with competitive employer contributions
• Competitive paid-time-off programs, including company-paid holidays
• Competitive Parental Leave Benefits & Adoption Assistance program
• Employee Assistance Program
• Tax-Free Commuter Benefit
• Tuition Reimbursement & Professional Qualification benefits