What are the responsibilities and job description for the AVP, Pricing Actuary position at Sompo?
Are you looking for your next opportunity?
Sompo has a unique opportunity for an AVP, Pricing Actuary in our Actuarial Strategies Team.
As an AVP, Pricing Actuary, you’ll support our actuarial initiatives across North America by enhancing operational efficiency, providing executive-level actuarial insights, and developing monitoring frameworks and portfolio metrics. You’ll combine strategic thinking with hands-on execution, focusing on developing actuarial frameworks, enhancing workflows, and translating insights for senior leadership.
Location: This position will be preferably based out of our New York, NY office or any of our other Sompo U.S. office locations. 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:
At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.
Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.
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:
Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success, and that when relationships are held in the highest regard, there is nothing that cannot be accomplished. At Sompo, our ring is more than a logo, it is a symbol of our promise. Click here to learn more about life at Sompo.
Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone’s unique contributions – we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.
Sompo has a unique opportunity for an AVP, Pricing Actuary in our Actuarial Strategies Team.
As an AVP, Pricing Actuary, you’ll support our actuarial initiatives across North America by enhancing operational efficiency, providing executive-level actuarial insights, and developing monitoring frameworks and portfolio metrics. You’ll combine strategic thinking with hands-on execution, focusing on developing actuarial frameworks, enhancing workflows, and translating insights for senior leadership.
Location: This position will be preferably based out of our New York, NY office or any of our other Sompo U.S. office locations. 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:
- Identify and address inefficiencies in actuarial workflows to boost productivity
- Develop tools and solutions that minimize manual effort
- Ensure consistency and repeatability in actuarial analyses
- Collaborate with cross-functional teams to optimize data usage, standardize metrics, and track actuarial initiatives
- Support senior leadership by transforming actuarial insights into actionable business strategies
- Gather, analyze, and synthesize actuarial data to anticipate and address management inquiries
- Create dashboards, reports, and presentations that underscore key trends and risks for informed decision-making
- Establish reporting systems that offer clear insight into portfolio trends and risk factors
- Monitor market dynamics, business performance, and actuarial KPIs to assess portfolio health
- Coordinate with actuarial teams to align their work with broader business objectives
- 7 - 12 years of actuarial experience involving portfolio support, operations, and planning
- Experience in developing actuarial tools, workflow improvements, and automation solutions
- Ability to curate actuarial insights for management, distill complex analyses into clear, concise insights, and balance strategic planning with hands-on problem-solving
- Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, or a related field, with a preference for candidates holding an FCAS or ACAS designation
- Strong focus on enhancing efficiency through automation and minimizing operational friction
At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.
Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.
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
Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success, and that when relationships are held in the highest regard, there is nothing that cannot be accomplished. At Sompo, our ring is more than a logo, it is a symbol of our promise. Click here to learn more about life at Sompo.
Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone’s unique contributions – we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.
Salary : $130,000 - $215,000
