[Hiring] AVP, Actuary @Sompo International

Role Description

As the AVP, Actuary, you will be responsible for:

• Pricing, product development, reserving, and R&D predictive analytics in support of Sompo’s direct agricultural insurance programs across multiple countries.
• Developing yield prediction models in R.
• Leading product funding and broader predictive analytics initiatives.

Location: This position will be based remotely in Ohio or Kansas, or in our Lenexa, KS 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:

• 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.

Qualifications

• 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.

Requirements

• Salary Range: $149,000 - $190,000. 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.

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.