At a Glance
- Tasks: Support annual planning and analysis for reserving across all business units.
- Company: Join Sompo, a collaborative company focused on employee growth.
- Benefits: Competitive salary, career development, and a thriving work environment.
- Other info: Based in London, with opportunities for professional growth.
- Why this job: Make a real impact in the insurance industry with your actuarial skills.
- Qualifications: Experience in actuarial science and strong analytical skills.
The predicted salary is between 58500 - 71500 £ per year.
Are you looking for your next opportunity? Sompo has a unique opportunity for a Senior Reserving Actuary in our Global Review and Analysis (GRA) team. The main focus areas for the GRA team, which is part of the Reserving Corporate team, are the annual planning exercise, the Plan Review and Sub-Committee, coordinating the Reserving function’s peer review process and overseeing Group level Deep Dive exercises in conjunction with the Corporate Actuarial team.
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.
What you’ll be doing:
- Support the annual loss ratio planning review process across all business units
- Support the Head of GRA in producing presentations of the annual business plan review to share with management
- Support the preparation, coordination, and delivery of materials for the quarterly Plan Review Sub-Committee (PRSC).
- Support the Global Reserving Function peer review process.
- Support the Divisional Reserving Deep Dive process where required.
- Support Group level Deep Dive exercises in conjunction with the Corporate Actuarial team, including comparisons to peers and wider market information
- Support ad hoc analysis and deep dives on emerging reserving trends.
- Consolidate reserving inputs to support performance monitoring and plan development.
Senior Reserving Actuary employer: Sompo International
Sompo is an exceptional employer that prioritises collaboration and employee development within its London office. With a strong focus on health and wellness benefits, retirement plans, and professional growth opportunities, we create a supportive environment where employees can thrive in their careers while contributing to meaningful value for clients and communities. Our commitment to diversity and inclusion ensures that every team member feels respected and empowered to excel.