AVP, Actuary

This is a fully remote position, open to applicants in Kansas, +1 more state.

📋 Description

• Develop, execute, validate, and implement advanced rating, reserving, and risk models for Sompo's global agricultural insurance initiatives.

• Create satellite-based yield prediction models (NDVI/remote sensing) and funding models in R to aid in pricing, funding, and risk selection processes.

• Lead and contribute to research and development predictive analytics projects aimed at enhancing the team's modeling and risk assessment capabilities.

• Conduct actuarial pricing (experience and exposure rating), evaluate program performance and loss costs, and determine capital needs through stochastic and financial modeling.

• Assist with new product development and collaborate with underwriting, product, and analytics teams.

• Engage with external clients and partners, and carry out additional tasks as assigned.

⛳️ Requirements

• At least 5 years of experience in actuarial pricing.

• Proficient in R programming, particularly in statistical and predictive model development; familiarity with remote sensing or geospatial data is advantageous.

• Capability to develop models and conduct analyses focused on critical business risks, demonstrating strong intuition and judgment.

• Bachelor's degree preferred, specializing in Actuarial Science or Statistics; ACAS or FCAS designation is a plus.

• Experience in managing analytical processes and projects from start to finish.

• Outstanding technical, analytical, written, and verbal communication skills.

• Highly motivated, organized, detail-oriented; a collaborative team player who thrives under pressure, meets tight deadlines, and adapts to shifting priorities.

🏝️ Benefits

• Two medical plans available, including a Traditional PPO and a Consumer Driven Health Plan with a Health Savings account featuring a competitive employer contribution.

• Pharmacy benefits including mail order options.

• Dental coverage that includes orthodontic benefits for both adults and children.

• Vision benefits provided.

• Flexible Spending Accounts for Health Care and Dependent Care.

• Company-sponsored Life & AD&D benefits, with an option to purchase additional life coverage for the employee, spouse, and children.

• Company-funded Disability benefits with highly competitive salary continuation payments.

• 401(k) Retirement Savings Plan with attractive employer contributions.

• Generous paid-time-off policies, including company-paid holidays.

• Competitive Parental Leave Benefits and Adoption Assistance program.

• Employee Assistance Program available.

• Tax-Free Commuter Benefit offered.

• Tuition Reimbursement and Professional Qualification benefits available.