Job Description Are you looking for your next opportunity?Sompo has a unique opportunity for an Actuarial Analyst in our UK Pricing team to support our London Market business. The role sits within the team that supports the Specialty Lines underwriters, covering Marine, Energy, Aviation, Financial & Political Risk and Crisis Management. You will have the opportunity to gain hands-on experience and contribute to real projects and initiatives within our company. The role will offer exposure to a dynamic work environment and the chance to work alongside experienced professionals in the field.Our UK Insurance Pricing team offers Actuarial support to the London Market Underwriters. We work closely with the underwriters to determine the support required to achieve their strategies for growing the business profitably throughout the market cycle. The Specialty Lines portfolio is a well-established mature portfolio (circa $1bn) and forms a core part of our UK offering. We work alongside our colleagues across the Sompo group to enhance our understanding of market practice and to enact best practice in a pricing role.Location: This position will be based out of our London office. We strive for collaboration which is why we offer a work environmentwhere our employees thrive and develop long lasting careers.Our business, your impact, our opportunity:What you’ll be doing:Assist in data collection, analysis and validation for actuarial modelling and calculations.Use and develop tools for the monitoring and reporting of rate change and rate adequacy.Collaborate with cross-functional teams to understand business objectives and provide actuarial insights.Pricing of complex contracts across the classes listed, ensuring close collaboration with the underwriters, providing clear explanation of technical Actuarial modelling techniques alongside the results.Support in developing pricing models for new areas of business written by the Underwriting team and update the pricing models through reparameterisation exercises and structural modifications where necessary.Apply actuarial pricing techniques to individual
Actuarial Analyst in Kennington employer: Sompo International
Sompo is an exceptional employer, offering a dynamic work environment in the heart of London where Actuarial Analysts can thrive and develop their careers. With a strong focus on collaboration, employee growth opportunities, and a commitment to diversity and inclusion, we provide competitive compensation and comprehensive benefits that support our employees' well-being and professional development. Join us to make a meaningful impact while working alongside experienced professionals in the exciting field of Specialty Lines insurance.
