Senior Actuary, Global Projects and Short-Tail Pricing

Sompo Holdings, Inc.; Conshohocken (Montgomery County); Hybrid; USD 150,000 - 230,000; Full time

Benefits offered by this job

Medical plans

401(k) plan

Paid holidays

Parental leave

Employee Assistance Program

Job summary

Sompo Holdings, Inc. in Conshohocken, PA is seeking a Senior Actuary to lead global Property pricing initiatives within the Central Pricing team. You will shape pricing capabilities, collaborate across underwriting, analytics, data, and technology to deliver a globally aligned pricing framework.

The role emphasizes advanced pricing methodologies, predictive analytics, and strong stakeholder communication to enable informed, profitable decisions across regions.

Qualifications

• Minimum of 7–10 years of general insurance pricing experience.
• Qualified actuary, or equivalent pricing experience.
• Strong knowledge of pricing methodology and portfolio management.
• Experience with pricing model development or pricing platform implementations is advantageous.
• Knowledge of capital modelling or reinsurance pricing is a plus.
• Proficiency with data analysis tools (R, Python, SQL).

Responsibilities

• Shape and deliver transformation of Sompo's global Property pricing capabilities and strategy.
• Partner with underwriting, pricing, and portfolio management to implement a globally consistent framework.
• Design pricing methodologies, models, and standards for transparency and consistency.
• Lead actuarial input into pricing solutions from requirements to deployment.
• Advance pricing through predictive analytics, segmentation, and data assets; support renewal tiering and capital allocation.
• Provide portfolio insights and recommendations for profitable growth and strategic decisions.

Skills

General insurance pricing

Pricing strategy

Analytical skills

Stakeholder management

Communication skills

Team collaboration

R (coding language)

Python

SQL

Education

Actuarial qualification

Tools

R

Python

SQL

Job description

Senior Actuary, Global Projects and Short-Tail Pricing - Sompo brand logo of red circle and silver outline### Senior Actuary, Global Projects and Short-Tail PricingApply: Hybrid: Conshohocken, Pennsylvania: Full time: Posted Today: R4983## **Job Description****Are you looking for your next opportunity?**Sompo has a unique opportunity for a **Senior Actuary, Global Projects and Short-Tail Pricing** in our **Central Pricing** team, to support high-profile, long-term strategic projects across Sompo’s global short-tail portfolio, with a particular focus on the future-state vision for **Property pricing**. This role will support the design and implementation of a globally consistent pricing approach across HX, driving improvements in pricing sophistication, analytics, and decision-making capabilities. Partnering with underwriting, actuarial, portfolio management, data, and technology teams worldwide, you'll help deliver transformative pricing initiatives that embed best practices, enhance consistency, and elevate pricing standards across the organization.**Location:** This position will be based out of our **Conshohocken, PA** office. We strive for collaboration which is why we offer a work environmentwhere our employees thrive and develop long lasting careers. **Our business, your impact, our opportunity:** **What you’ll be doing:*** Help shape and deliver the transformation of Sompo's global Property pricing capabilities and future-state pricing strategy.* Partner with underwriting, pricing, and portfolio management teams to develop and implement a globally consistent pricing framework within HX.* Design and enhance technical pricing methodologies, models, and standards that drive consistency, transparency, and better decision-making across the global Property portfolio.* Lead actuarial input into pricing solutions, translating business requirements into scalable capabilities through design, testing, and implementation.* Advance pricing sophistication through predictive modeling, advanced analytics, enhanced segmentation, integrated data assets, and portfolio optimization.* Develop pricing capabilities that support renewal tiering, risk selection, capacity management, capital allocation, reinsurance cost allocation, and underwriting decision-making.* Generate portfolio insights, performance reporting, and analytical recommendations that support profitable growth and strategic business decisions.* Influence reinsurance strategy through pricing analysis, portfolio insights, and the development of reinsurance submissions.* Drive cross-product pricing initiatives that embed best practices, strengthen governance, and promote consistency across all lines of business.* Leverage data, technology, and analytical innovation to build scalable pricing solutions and enhance business performance.* Collaborate across underwriting, catastrophe modeling, data, technology, and regional teams to deliver globally aligned, commercially impactful pricing outcomes.**What you’ll bring:*** Minimum of 7–10 years of general insurance pricing experience, preferably with exposure to Property pricing.* Qualified actuary, or equivalent relevant actuarial/pricing experience.* Strong knowledge of technical pricing, pricing methodology, portfolio management, and performance monitoring techniques.* Experience supporting pricing model development, pricing transformation, or pricing platform implementation would be highly advantageous.* Experience working on strategic projects involving multiple stakeholders, regions, or product lines.* Previous exposure to capital modelling, reinsurance pricing, or allocation of capital and reinsurance costs would be advantageous but is not essential.* Working knowledge of coding and data analysis tools, preferably R, Python, and SQL.* Excellent technical and analytical skills, combined with sound actuarial judgement and commercial awareness.* Strong communication skills, with the ability to explain complex technical concepts clearly to a range of audiences, including underwriting, actuarial, technology, and senior leadership stakeholders.* Strong interpersonal skills and the ability to work collaboratively across functions, regions, and product lines.* Highly organized and self-motivated, with a proven ability to manage competing priorities, support multiple projects, and deliver to deadlines.* Ability to operate effectively in a project-based environment, supporting long-term strategic initiatives while maintaining focus on practical business outcomes.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. 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**Who we are and what we stand for:**At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide. Life at Sompo page Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.### About Us## We are Sompo, a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance. Building on the 137 years of innovation of our parent company, Sompo Holdings, Inc., Sompo employs approximately 10,000 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. Shares of Sompo Holdings, Inc. are listed on the Tokyo Stock Exchange.