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Position: Pricing Actuary, Reinsurance
Institution: Sompo International Holdings Ltd.
Location: Zürich, Switzerland
Duties: Pricing of property, casualty, engineering, marine/energy and aviation reinsurance treaties; including documentation of results and methodologies used; Collaborate closely with the underwriting team, including attending and travelling to client/broker meetings and representing Sompo in a professional manner; Contribute to the development and maintenance of actuarial tools; Provide analysis of actuarial model parameters, e.g. exposure curves and trends; Training and educating interns in reinsurance pricing, terms and market practice; Other Ad Hoc projects as needed
Requirements: Strong mathematical background, Master’s degree in Actuarial Science, Mathematics or equivalent; Nearly or newly qualified qualified actuary with a recognised actuarial society; Minimum of 3 years experience in pricing, preferably in reinsurance; Very good communication skills (verbal and written), including ability to interact and collaborate with underwriters/clients using non-actuarial language; Fluent in English. Fluency in at least one other language, with Spanish, Italian or German being a plus
   
Text: Pricing Actuary, Reinsurance Sompo International Holdings Ltd. (Sompo International) is a specialty provider of property and casualty insurance and reinsurance. Sompo's core business encompasses one of the largest property and casualty insurance groups in the Japanese domestic market. In addition, Sompo is engaged in the provision of insurance services as well as other related services through its global network of businesses operating in 32 countries around the world. Sompo International is the international operation and a wholly owned subsidiary of Sompo, which trades on the Tokyo Stock Exchange. Through our operating subsidiaries, Sompo International underwrites agriculture, professional lines, property, marine and energy, and casualty and other specialty lines of insurance and catastrophe, property, casualty, professional lines, weather risk and specialty lines of reinsurance. As a leading global provider of insurance and reinsurance, we recognize that our success is derived directly from those who matter most: our people. Sompo International’s headquarters is in Bermuda and we currently have offices in the United States, the United Kingdom, Continental Europe, and Asia. At Sompo International, a shared commitment to integrity, teamwork, agility, execution, and excellence define our culture, and we strive to create exceptional value for our clients and shareholders and maintain Sompo International as a desirable place to work. We are seeking a Pricing Actuary for our reinsurance office in Zurich. Responsibilities include:  Pricing of property, casualty, engineering, marine/energy and aviation reinsurance treaties - including documentation of results and methodologies used.  Collaborate closely with the underwriting team, including attending and travelling to client/broker meetings and representing Sompo in a professional manner.  Contribute to the development and maintenance of actuarial tools.  Provide analysis of actuarial model parameters, e.g. exposure curves and trends.  Training and educating interns in reinsurance pricing, terms and market practice.  Other Ad Hoc projects as needed. Desired Skills & Experience  Strong mathematical background, Master’s degree in Actuarial Science, Mathematics or equivalent.  Nearly or newly qualified qualified actuary with a recognised actuarial society.  Minimum of 3 years experience in pricing, preferably in reinsurance  Very good communication skills (verbal and written), including ability to interact and collaborate with underwriters/clients using non-actuarial language.  Strong analytical mind-set with excellent problem-solving skills and ability to think independently.  Fluent in English. Fluency in at least one other language, with Spanish, Italian or German being a plus.  Strong knowledge of Excel required. Programming skills in C#, SQL and Visual Basic are a plus.  Ability to manage workflow and meet deadlines.  Willingness and ability to work flexible hours during main reinsurance renewals. Sompo International is an equal opportunity employer committed to a diverse workforce. Please address your application to: Careers-UK@sompo-intl.com and visit our website at www.sompo-intl.com
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