Job Description:
About Everest:
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.
About the Role:
As part of Everest’s continued International expansion we are looking for a Senior Longtail Actuary to support Underwriting teams across all geographies (UK, Europe, Singapore, Australia and LATAM). This role requires strong communication and collaboration skills to build solid Business Partnerships between Actuarial and Underwriting.
The role will be based in our London office with a hybrid schedule of working two days remote each week.
Role & Responsibilities (include but not limited to):
- Pricing of complex contracts with a focus on Long Tail classes of business, as well as ability to support across multiple other lines of business.
- Development and enhancement of technical pricing tools and regular updates of pricing assumptions.
- Lead pricing reviews and provide constructive recommendations to senior management.
- Participate in broker and client visits and renewal meetings.
- Closely collaborate with Underwriters on technical assessment and exposure analysis for different classes of business.
- Contribute to the development of streamlined and efficient pricing processes.
- Explaining technical actuarial modelling results to underwriters and providing training.
- Analysis of portfolios to highlight profitability and their drivers.
- Mentor and develop junior colleagues within the larger team.
- Peer review pricing of other actuarial team members.
- Development and maintenance of actuarial models, systems and processes.
- Keep abreast of industry initiatives and develop new pricing/visualization techniques and best practice.
- Collaborate, present and share knowledge with the wider Actuarial team on pricing approaches.
- Develop a deep understanding of the classes, trends and underwriting strategy.
- Take an active role in Everests actuarial community by leading and contributing to Group projects.
- Ensure data used for pricing and monitoring is complete, accurate, adequate and timely.
Qualifications:
- Qualified actuary, with experience of Non-Life Insurance and/or Reinsurance Pricing.
Knowledge, Skills & Competencies:
- Demonstrable experience in Long Tail classes
- Expertise in actuarial pricing concepts and methodologies.
- Knowledge of Reserving processes.
- Strong mathematical and analytical skills with great attention to detail.
- Ability to build strong working relationships with peers, management and different business functions.
- Proficient in Excel, Access, VBA, SQL (with either R or Python skills desirable) and an ability to create pricing tools to support day to day underwriting workflow.
- Proactive team player who has an interest in the development of more junior staff.
- Ability to check the work of others to a high standard and provide appropriate feedback and coaching.
- Ability to work under own initiative and show flexibility to meet business needs.
- Excellent written and verbal communication skills.
- Ability to collaborate across teams and regions through regular communication with colleagues in other locations.
Our Culture
At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.
- Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.
- Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.
