Senior Reserving Actuary, North America

Endurance Business Services Ltd. (UK); New York (NY); On-site; USD 140,000 - 210,000; Full time

Benefits offered by this job

Competitive medical plans (US)

401(k) Retirement Savings Plan

Paid time off and holidays

Parental leave benefits

Employee assistance program

Job summary

Sompo is seeking a Senior Reserving Actuary, North America to join the Reserving team in New York. You will partner with leadership to drive reserve valuation, financial insights, and management reporting across North America and Bermuda.

The role reports to the Head of Reserving and requires ACAS with FCAS preferred. You will influence decisions, lead complex projects, and collaborate across functions to support strategic outcomes.

Qualifications

• Minimum of 10 years of actuarial experience in P&C or consulting.
• ACAS designation required; FCAS strongly preferred.
• Strong communication and relationship-building skills for senior leadership interactions.
• Proven ability to lead complex projects with competing priorities.
• Experience with actuarial modeling, data analytics, and programming tools.

Responsibilities

• Assist with ACE reserving process for US and Bermuda lines.
• Develop relationships across Actuarial, Pricing, Risk, Claims, Finance, and FP&A.
• Lead special projects to understand trends and emerging risks.
• Support annual planning with ACE analysis for Group Chief Reserving Actuary.
• Monitor regulatory changes and market developments affecting Sompo International.

Skills

Actuarial experience

Communication skills

Leadership abilities

Analytical thinking

Education

ACAS designation

FCAS preferred

Job description

Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for a Senior Reserving Actuary, North America in our Reserving team.

Reporting to the Head of Reserving, North America Insurance, this role will play an important part in reserve valuation, financial insights, and management reporting across North America and Bermuda. The successful candidate will join a collaborative team responsible for direct business across the region and work closely with reserving leaders and shared actuarial resources to support strategic decision-making and business performance.

Location: This position will be based out of our New York, NY office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

What you’ll be doing:

• Assist with the quarterly actuarial central estimate (ACE) reserving process for the US and Bermuda lines of business within the Insurance Segment.
• Develop relationships within the Actuarial function with the pricing team and beyond the Actuarial function with Risk, Claims, Finance, and Financial Planning & Analysis and leverage these relationships to enhance an understanding of Sompo International’s business and processes.
• Lead special projects that allow for a deeper understanding of trends and emerging risks within the Insurance portfolio.
• Leverage the ACE analysis to provide support to the Group Chief Reserving Actuary in the annual planning process, as required.
• Keep abreast of changes in regulatory requirements and market developments that may impact Sompo International’s Insurance business.
• To support other special projects as required by the business.

What you’ll bring:

• Minimum of 10 years of actuarial experience within the P&C insurance industry or a consulting environment.
• ACAS designation required; FCAS strongly preferred.
• Strong communication and relationship-building skills, with the ability to influence business decisions and present actuarial insights to senior leadership, underwriting partners, and Board-level stakeholders.
• Proven ability to lead complex projects, manage competing priorities, and deliver high-quality results in a fast-paced environment.
• Advanced analytical and problem-solving skills, with experience leveraging actuarial modeling, data analytics, and programming tools to drive business outcomes.
• Collaborative and self-motivated with strong business acumen and a demonstrated ability to partner across functions to support strategic objectives.

Salary Range: $140,000 - $210,000. Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

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 an 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