At a Glance
- Tasks: Develop actuarial models and collaborate with a dynamic team to enhance pricing strategies.
- Company: Join Sompo International, a global leader in insurance and reinsurance with a commitment to diversity.
- Benefits: Enjoy expansive health benefits, generous retirement plans, and global parental leave options.
- Why this job: Be part of a collaborative culture that values innovation and offers career growth opportunities.
- Qualifications: Experience in actuarial models and proficiency in Python; SQL knowledge is a plus.
- Other info: Work from our vibrant London office and contribute to a diverse, inclusive environment.
The predicted salary is between 43200 - 72000 £ per year.
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 Senior Pricing Developer in our Central Pricing and Analytics team in our Insurance Business.
The Central Pricing and Analytics team is a global multi-disciplined team created to deliver market leading pricing and portfolio management capabilities that translate into profitable, data-enhanced decision making at all levels of the organization
Location: This position will be based out of our London office. 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.
- 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.
- Quality Assurance: Maintain the highest standards of accuracy and compliance in all models and systems, adhering to industry best practices and regulatory requirements.
- Develop, maintain, and execute a testing framework to ensure reliability of software components.
- Continuously improve testing strategies and processes to enhance efficiency and effectiveness.
- Participate in code reviews and provide feedback from a QA perspective.
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
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Senior Pricing Developer employer: Sompo International
Contact Detail:
Sompo International Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pricing Developer
✨Tip Number 1
Familiarise yourself with the latest trends in actuarial modelling and pricing strategies. This will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the insurance and reinsurance sectors, especially those who work in pricing or analytics. Attend industry events or webinars to make connections that could lead to referrals.
✨Tip Number 3
Brush up on your Python and SQL skills by working on relevant projects or contributing to open-source initiatives. Demonstrating your technical expertise through practical examples can set you apart from other candidates.
✨Tip Number 4
Research Sompo International's company culture and values. Understanding their commitment to diversity and collaboration will help you align your responses during interviews and show that you're a good fit for their team.
We think you need these skills to ace Senior Pricing Developer
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Senior Pricing Developer position. Familiarise yourself with actuarial model development, programming in Python, and SQL database management.
Tailor Your CV: Customise your CV to highlight relevant experience in actuarial models, collaboration with developers, and any technical expertise in Python and SQL. Use specific examples that demonstrate your skills and achievements in these areas.
Craft a Compelling Cover Letter: Write a cover letter that reflects your passion for the role and the company. Mention how your values align with Sompo International's commitment to integrity, collaboration, and excellence. Be sure to include your understanding of the insurance industry and your approach to problem-solving.
Proofread and Edit: Before submitting your application, carefully proofread your documents for any spelling or grammatical errors. Ensure that your writing is clear and professional, as attention to detail is crucial in this field.
How to prepare for a job interview at Sompo International
✨Understand the Role
Make sure you have a solid grasp of what a Senior Pricing Developer does. Familiarise yourself with actuarial models, especially exposure and experience rating, as well as the technical skills required, like Python and SQL.
✨Showcase Collaboration Skills
Since the role involves working closely with developers, actuaries, and underwriters, be prepared to discuss your past experiences in collaborative environments. Highlight any successful projects where teamwork was key.
✨Prepare for Technical Questions
Expect questions that test your technical knowledge, particularly around programming in Python and database management. Brush up on relevant concepts and be ready to demonstrate your problem-solving skills.
✨Emphasise Continuous Improvement
The company values agility and excellence, so be ready to talk about how you've contributed to improving processes or frameworks in your previous roles. Share specific examples of how you’ve enhanced efficiency or quality in your work.