AVP, Actuary
Posted 4ds ago
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Job Description
AVP, Actuary responsible for pricing, product development, and R&D predictive analytics in agricultural insurance. Collaborating globally within the AgriSompo business segment from a remote location.
Responsibilities:
- Develop, run, validate, and implement premium rating, reserving, and risk models for Sompo's agricultural insurance programs globally
- Build satellite-based yield prediction models (NDVI/remote sensing) and product funding models in R to support pricing, funding, and risk selection
- Lead and contribute to R&D predictive analytics projects that advance the team's modeling and risk-assessment capabilities
- Perform actuarial pricing (experience and exposure rating), analyze program performance and loss costs, and assess capital requirements through stochastic and financial modeling
- Support new product development and collaborate across underwriting, product, and analytics teams
- Meet with external clients and partners, and perform other duties as assigned
Requirements:
- Minimum 5 years' actuarial pricing experience
- Strong R programming skills, including statistical and predictive model development; experience with remote sensing or geospatial data a plus
- Ability to build models and perform analysis focused on key business risks, with strong intuition and judgment
- Bachelor's degree, with specialization in Actuarial Science or Statistics preferred; designation in ACAS or FCAS preferred
- Experience managing analytical processes and projects end to end
- Excellent technical, analytical, written, and oral communication skills
- Exceptionally motivated, organized, and detail oriented; a team player who works well under pressure, meets tight deadlines, and adapts to changing priorities.
Benefits:
- 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

















