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