Project Manager, Insurance Pricing Model Transformation job in New York

New York, New York - NY Sompo International Holdings Ltd.

Job Ref:	R1908
Employer:	Sompo International Holdings Ltd.
Sector:	P&C/General Insurance/Non-Life Reinsurance
Qualifications:	Unclassified
Software:	Excel
Job Type:	Full Time
Salary and Benefits:	$115,000 - $180,000 per year
Remote:	No
Location
Country:	United States
State/Province/County:	New York - NY
City:	New York
Post Code:	Not specified
Map:	(Show on map)
Description
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. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions. Job Description We are seeking a skilled Project Manager to lead our Global Pricing Model Transformation Project. This critical role involves overseeing the end-to-end transition of pricing models from Excel to a governed digital platform to improve pricing capabilities, enhance efficiency, create consistency in pricing methodology, increased data capture, and adaptability in our insurance pricing strategies. This role will collaborate across many functions including IT, actuarial pricing, model developers, operations, product owners, Underwriting SME's and scrum masters. The ideal candidate will possess a strong background in project management in an agile framework, change management, communication and the ability to collaborate effectively with cross-functional teams. This role can be located in any of our US office locations or UK office location. Responsibilities include: Project Management: Manage the end-to-end execution plan of the Pricing Model Transformation Project across all functional areas, ensuring alignment with strategic objectives, timelines, and budget constraints. Track and give regular updates on metrics and measures of success. Agile scrum team engagement: Regular communication with agile scrum teams to ensure end to end communication plan is on track. Risk Assessment & Mitigation: Identify potential risks and develop mitigation strategies to minimize project disruptions and ensure successful implementation of new pricing models. Key Dependencies: Work closely with PM's across the organization to highlight key dependencies and escalate where appropriate. Stakeholder Engagement: Collaborate closely with key stakeholders across departments including actuarial, underwriting, operations, product management, and IT to gather high level requirements, communicate project progress, and address concerns. Function as the escalation path for business issues and decisions. Documentation and reporting: Create comprehensive documentation including project plans, progress reports, requirements specifications, and user guides to support ongoing maintenance and future enhancements. Vendor Management: manage relationship with external vendors and/or consultants, ensuring deliverables are met on time. Change Management: Develop and execute change management plans to facilitate smooth adoption of new pricing models by internal teams, ensuring adequate training and support. Quality Assurance: Establish and enforce quality standards for pricing model development and implementation, conducting thorough testing and validation to ensure accuracy and reliability. Continuous Improvement: Drive continuous improvement efforts by monitoring key performance indicators, soliciting feedback from stakeholders, documenting lessons learned, and identifying opportunities to improve. Requirements Analysis: Work with stakeholders to gather, analyze, and prioritize requirements, ensuring alignment with business objectives. Desired Skills Excellent communication, presentation, documentation skills. Ability to communicate with all levels of the organization including technical staff, business users and executives. Agile project management experience Ability to multi-task in a fast- moving environment. Accurate, analytical and attention to detail Experience participating in IT related projects. Experience 5+ years Insurance Project Management Proven experience managing complex technical projects, ideally within a software development or insurance pricing context. Experience working with cross-functional teams and stakeholders at all levels of the organization. Guidewire Policy Center and other Guidewire product experience a plus Bachelor's Degree preferred. Salary Range: $115,000 - $180,000 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. At Sompo International, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees. Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance. We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs: 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. Sompo International is an equal-opportunity employer committed to a diverse workforce. M/F/D/V

ref: (R1908) 11 days ago

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Project Manager, Insurance Pricing Model Transformation job in New York

New York, New York - NY Sompo International Holdings Ltd.

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