Assistant Pricing Developer
- Salary
- $75K–$95K
- Hiring from
- United States
- Work type
- Hybrid
- Posted
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Job Description
Are you looking for your next opportunity?
Sompo has a unique opportunity for an Assistant Pricing Developer in our Pricing and Analytics team.
We are looking for an early-career professional with a strong technical and analytical background who is interested in developing and enhancing commercial insurance pricing models. This individual will aid in the transition of Excel based pricing models to our web-based pricing platform, HX Renew and continue the enhancement of our HX renew pricing models. The role will work closely with Pricing Actuaries, Underwriters, and other Pricing Developers across multiple commercial insurance products. This role is open to those seeking to complete actuarial examinations but is not essential.
Location: This position will be based out of our Alpharetta, GA office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.
Our business, your impact, our opportunity:
What you’ll be doing:
- Pricing Model Development: Help migrate Excel models on to HX Renew and enhance existing HX Renew models. This includes calculation logic, model data structures, validations, model configuration, and supporting third party integrations via APIs.
- User Interface Development: Support the development and maintenance of user-facing model components in HX Renew, including basic JavaScript-based custom components, with guidance from experienced developers.
- Model Maintenance and Troubleshooting: Investigate calculation issues, trace data through model inputs and outputs, and make controlled changes to existing models with guidance from experienced developers.
- Testing and Model Controls Develop test cases, reconcile results against approved calculations, investigate discrepancies, and document model changes before release.
- Business Collaboration: Work with Pricing Developers, Actuaries, and Underwriters to understand pricing requirements and translate them into clearly defined model changes.
- Python and Data Analysis: Use Python and pandas to clean, transform, validate, and analyze insurance data. Work with Excel files and SQL-based data where applicable.
What you’ll bring:
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Computer Science, Data Science, Business Analytics, or another quantitative field.
- This role is intended for a recent graduate or early-career candidate. Relevant internships, academic projects, or up to two years of professional experience are welcome but not required.
- Experience with Python or another programming language through coursework, internships, personal projects, or professional experience.
- Experience with JavaScript preferred but not required
- Knowledge of SQL, databases, actuarial pricing concepts, or Agile development is beneficial but not required.
- Strong communication and collaboration skills and an ability to work with both technical and non-technical business stakeholders.
- Interest in commercial insurance, actuarial pricing, or analytical model development.
Salary Range: $75,000 – $95,000. 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, 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
Who we are and what we stand for:
At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide. Life at Sompo page
Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.