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
Head of Global Review and Analysis in our Reserving 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.
Our Business, Your Impact, Our Opportunity
What you’ll be doing:
- Coordinate the annual loss ratio planning review process across all business units
- Support the Group Chief Reserving Actuary in presenting the annual business plan review to management
- Chair and support the preparation, coordination, and delivery of materials for the quarterly Plan Review Sub-Committee (PRSC).
- Manage the global Reserving Function peer review process.
- Support the Divisional Reserving Deep Dive process where required.
- Oversee 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.
- Work closely with the finance, FP&A and pricing functions to continually enhance the strength of the overall feedback loop around business planning and review.
- Liaise with divisional reserving teams to gather inputs and ensure consistency of assumptions
What You’ll Bring
- An experienced actuary with experience preferably in a senior reserving role.
- 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.
- Some degree of managerial experience is required.
- Strong IT skills are required, including proficiency with the usual MS Office Products and some programming experience would be beneficial.
- Some experience with modeling ceded reinsurance would be 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
