As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.
Job Description
Sompo has a unique opportunity for a Catastrophe Portfolio Manager in our Central Pricing and Analytics team in our Insurance business.
Sompo is seeking a skilled Catastrophe Portfolio Manager in the London office, supporting our Brazil and Turkish high-volume, small line size business portfolios. The position will report to the Head of Catastrophe Modelling, based in London. This role will focus on building out the portfolio analytics, and supporting pricing actuaries, for catastrophe management, using next generation cat models, through strategic management, workflow improvements, and collaboration with local teams to support growth and meet our ambitious targets in these markets.
Key Responsibilities:
* Portfolio Management: Manage and oversee high-volume, small line size portfolios across Brazil and Turkey, ensuring alignment with Sompo’s overall business objectives.
* Strategic Support: Collaborate closely with local teams, offering guidance and support in portfolio management strategies tailored to regional needs.
* Pricing Workflow Improvement: Analyse and refine workflows to address inefficiencies and optimize accuracy for high-volume transactions.
Location: This position will be based out of our London 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:
* Transition Responsibilities: Smoothly transition current providers responsibilities to the Sompo Catastrophe modelling team.
* Local Market Education: Educate and develop best practices in local markets.
* Alignment with Sompo’s Capabilities: Ensure projects and practices align with Sompo's broader capabilities and strategic goals.
* Portfolio Planning & Analytics Support: Assist local teams with PML planning, enhance portfolio reporting through tailored analysis for decision-making, and support the development and refinement of pricing models.
* Event & Model Management: Manage event response activities outside the global process and conduct light-touch model validation to complement existing responsibilities.
What you’ll bring:
* Portfolio Management Expertise: In-depth knowledge of Catastrophe portfolio management, particularly for high-volume, small line size portfolios, as distinct from traditional transactional operations.
* Technical and Analytical Skills: Proficiency in managing complex technical data, with the ability to interpret analytics and guide market education.
* Strategic Development: Experience in developing and implementing best practices for portfolio management to support continuous improvement and efficiency.
* Market Collaboration: Strong capability to work with local and regional teams, providing guidance and education to enhance market understanding and alignment with strategic goals.
* Technical Skills: Proficient in catastrophe modelling tools, primarily RMS; strong command of SQL and advanced Excel skills for data analysis. Detail-oriented with the ability to work effectively with multiple stakeholders and communicate complex information clearly and concisely.
Our Benefits
We continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents. Below are a few highlights of our inclusive benefit programs:
* Expansive Health & Wellness Benefits
* Generous Retirement & Savings Plans
* Global Parental Leave & Adoption Assistance
About Us
We’re Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. Building on Sompo Holdings’ 130 years of innovation, we’re committed to applying all of our experience to simplify yours.
Our dedication to you shows up in the care we put in every detail, working to create a frictionless risk management journey for everyone we serve.
Sompo is an equal opportunity employer committed to a diverse workforce.
To learn more about visit our website at www.sompo-intl.com
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