Head of Pricing – Third Party Lines
Sompo has a unique opportunity for a Head of Pricing – Third Party Lines in our Continental Europe Pricing team.
The successful candidate will report to the Head of Pricing – Continental Europe and will be responsible for leading pricing strategy, analytics, and portfolio performance across Third Party Lines, with a particular focus on Casualty, Financial Lines, and Cyber.
This individual will play a critical role in strengthening underwriting discipline, enhancing pricing sophistication, and driving profitable growth across these complex and evolving lines of business.
Location
This position will be based out of our Paris, Cologne, Munich, Zurich, Rotterdam, or Brussels offices. 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
- Lead the development and execution of pricing strategies across Third Party Lines (Casualty, Financial Lines, Cyber) within Continental Europe.
- Act as the subject matter expert, partnering closely with underwriting teams to shape risk selection, pricing adequacy, and portfolio steering.
- Own and continuously enhance pricing models, tools, and methodologies tailored to the specific dynamics of Third Party risks.
- Provide technical pricing support on large and complex accounts, including individual risk assessments and deal reviews.
- Deliver portfolio analytics (profitability, volatility, rate adequacy) and provide actionable recommendations to optimize performance.
- Establish and monitor key pricing KPIs, including rate change, loss ratio performance, and exposure trends by line of business and geography.
- Collaborate with underwriting leadership to align pricing strategy with broader business objectives and growth plans.
- Work closely with reserving, capital modelling, and risk management teams to ensure consistency of actuarial assumptions and insights.
- Support business planning and forecasting processes, contributing to strategic decision-making across Third Party Lines.
- Identify emerging trends and risks in Casualty, Financial Lines, and Cyber markets, incorporating them into pricing frameworks.
- Ensure compliance with internal governance and external regulatory requirements.
- Promote best practices and knowledge sharing across the pricing function and broader organization.
What you’ll bring
- Qualified actuary (or equivalent) with significant experience in general insurance pricing.
- Strong, demonstrable expertise in Casualty, Financial Lines, and Cyber insurance is essential.
- Extensive experience in pricing within European insurance markets, ideally in a leadership or senior technical role.
- Proven ability to influence underwriting strategy and drive portfolio profitability.
- Proficiency in English is mandatory (both written and spoken). Additional European languages are advantageous but not required.
- Advanced analytical and modelling capabilities (e.g., R, Python, SQL, or similar tools).
- Deep understanding of actuarial pricing techniques, including exposure-based and experience-based methods.
- Strong commercial acumen and ability to translate analytics into business decisions.
- Excellent stakeholder management and communication skills, with the ability to engage at senior levels.
- Ability to operate effectively in a multi-country, matrixed organization.
Our Benefits
- Expansive Health & Wellness Benefits
- Generous Retirement & Savings Plans
- Global Parental Leave & Adoption Assistance