Reserving Actuary - City Of London - Sompo

    Sompo
    Sompo City Of London

    2 days ago

    Description
    Reserving Actuary page is loaded##

    Reserving Actuarylocations:
    London, United Kingdomtime type: Full timeposted on: Posted Todayjob requisition id: R3441## 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 DescriptionWe are seeking a nearly qualified or qualified actuary to join the Corporate Reserving team for Sompo International.

    The successful candidate will report to a senior member of the Corporate Reserving team and assist with a range of Corporate Reserving activities for Sompo International.

    The Corporate team will support the main quarterly reserving process together with a number of other projects including group wide analytical exercises and Reserving platform development.


    Main Duties and Responsibilities:

    Assist with Quarterly Reserving Responsibilities
    Contribute to running the quarterly reserving process including assisting with data quality checks, peer review of IBNR selections Support the group Catastrophe Reserving process, including initial draft selections, drafting meeting materials, supporting ACE team queries, and liaising with claims and ceded teams. Support preparation of best practice reserve materials and outputs provided to key stakeholders, such as the CFO Reserve Meeting materials and Group Reserve Committee Lead MI production for monthly emergence reporting, including engaging with ACE and Claims teams, and distributing insights to management teams monthly.
    Support with maintenance of reserve platform     Understand the workings of the "front end" of the reserve platform to be able to quickly implement selections and judgements
    • Suggest and help to implement improvements to the platform
    • Liaise with wider Sompo-wide initiatives to improve data quality
    • Contribute towards developing automation capabilities within SRP, exploring the use of artificial intelligence and other newly emerging techniques to deliver cutting-edge reserving solutions
      Reporting LinesThe role will report to a senior member of the Corporate Reserving team.

      The role will be supported by a dedicated reserving team based in London and New York and will also, sometimes, benefit from access to shared resources from across the Group reserving team.


    Skills, Qualifications and Experience:

     A newly qualified actuary with at least 4 years experience, preferably with strong exposure to reserving
    • Excellent interpersonal, written and oral communications skills, including a proven ability to build relationships with senior management and underwriting teams.
    • The candidate must be well-organised, with the ability to thrive in a fast-paced environment and consistently meet deadlines without compromising quality.
    • Strong IT skills are required, including proficiency with the usual MS Office Products and some programming experience would be beneficial.## We are Sompo, a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance. Building on the 130 years of innovation of our parent company, Sompo Holdings, Inc., Sompo employs approximately 9,500 people around the world who use their in-depth knowledge and expertise to help simplify and resolve your complex challenges. Because when you choose Sompo, you choose
      The Ease of ExpertiseTM.## ## "Sompo" refers to the brand under which Sompo International Holdings Ltd., a Bermuda-based holding company, together with its consolidated subsidiaries, operates its global property and casualty (re)insurance businesses. Sompo International Holdings Ltd. is an indirect wholly-owned subsidiary of Sompo Holdings, Inc., one of the leading property and casualty groups in the world with excellent financial strength as evidenced by ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard & Poor's. Shares of Sompo Holdings, Inc. are listed on the Tokyo Stock Exchange.## ## To learn more please follow us on or visit .
    #J-18808-Ljbffr

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Reserving actuary