What are the responsibilities and job description for the Senior Reserving Technical Analyst position at Sompo?
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Sompo has a unique opportunity for a Senior Reserving Technical Analyst in our Group Reserving Systems team.
The role will support a strong focus on Architectural process improvement and development of processes geared towards actuarial solutioning. In this critical role, you will be working in Acquisition, transforming and analyzing data to support data management, system development, and Management Reporting, you will play a key role in supporting the Reserving Systems supporting analysis and financial quarter-end cycle and regulatory compliance. This position will report to the Reserving Chief Systems Officer.
Location: This position will be based out of our Alpharetta, GA or New York City 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:
SRP Data Lake Acquisition
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 a Senior Reserving Technical Analyst in our Group Reserving Systems team.
The role will support a strong focus on Architectural process improvement and development of processes geared towards actuarial solutioning. In this critical role, you will be working in Acquisition, transforming and analyzing data to support data management, system development, and Management Reporting, you will play a key role in supporting the Reserving Systems supporting analysis and financial quarter-end cycle and regulatory compliance. This position will report to the Reserving Chief Systems Officer.
Location: This position will be based out of our Alpharetta, GA or New York City 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:
SRP Data Lake Acquisition
- Lead the design, development, and maintenance of in-house SRP Data Lake and tools.
- Ability to review new emerging technologies and evaluate to support or enhance existing systems.
- Oversee the collection, cleaning, and transformation of data for reserving purposes.
- Develop and implement data quality checks and controls to ensure data accuracy and integrity.
- Manage data governance and security within the reserving function.
- Excellent analytical and problem-solving skills, with the ability to interpret complex data sets and debug complex SQL stored procedures.
- Collaborate with actuaries to maintain, enhance, and implement robust reserving methodologies.
- Stay abreast of and evaluate new technologies and tools that can improve reserving efficiency and accuracy.
- Collaborate effectively with Finance, IT, and other departments to ensure seamless data flow and system integration.
- Foster a culture of innovation and continuous improvement within the reserving function.
- Manage and deliver on key off-quarter projects related to SRP system, data infrastructure, and process automation.
- Effectively communicate project progress, risks, and issues to stakeholders.
- Foster a culture of innovation and continuous improvement within the reserving function.
- Clearly and concisely communicate technical information related to data, SRP system, IBNR booking, and reserving methodologies to both technical and non-technical audiences.
- Bachelor’s or master’s degree in actuarial science, Computer Science, Engineering, Mathematics, Statistics, or a related field
- Minimum 5 to 10 years of relevant experience in P&C insurance reserving, with a strong focus on data management and system development.
- Strong programming skill in MS SQL Server, Microsoft SSIS, Informatica, Power BI, Azure Databricks.
- Proven experience with ETL, data warehousing, version control, and visualization tools (e.g. Power BI, Power Pivot, Report Builder.)
- Excellent analytical and problem-solving skills, with the ability to interpret complex data sets and debug complex SQL stored procedures.
- Strong leadership and team management skills with the ability to think critically and independently.
- Proficiency in actuarial reserving software and tools.
- Ability to think critically and independently.
- Strong communication and interpersonal skills, with the ability to effectively communicate technical information to both technical and non-technical audiences.
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 : $155,000 - $175,000
