At a Glance
- Tasks: Support portfolio management and performance analysis in a dynamic insurance environment.
- Company: Join Everest Advisors, a global leader in risk management with a rich heritage.
- Benefits: Enjoy competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Inclusive workplace that values diverse perspectives and encourages personal development.
- Why this job: Make a real impact on global insurance strategies while collaborating with senior management.
- Qualifications: Bachelor's degree in actuarial science or related field; 5+ years of experience preferred.
The predicted salary is between 60000 - 80000 £ per year.
About Everest: Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.
About the Role: Everest International GWS is the International general insurance operating division of Everest Group. With around $1.5 billion of premium, the division covers our London Wholesale and FAC business with lines spanning over – Property, Casualty, Financial Lines, Marine, Energy, Aviation, Industry Practices, Credit and Political Risks and A&H. This role is based in London, as part of our International Portfolio & Performance Management team, which supports portfolio management across all International operations and lines. It has a high commercial focus and is embedded within the business with daily interactions with our underwriting teams, actuarial functions and senior stakeholders.
Role Purpose: To support performance management and key decisions, leverage and continuously improve MI in relation to profit optimization, planning, reinsurance purchase, underwriting appetite and risk management.
Key Accountabilities:
- Portfolio Reviews: support portfolio performance and review packs on a periodic basis, and contribute to portfolio review discussions including data preparation, analysis and preparation of presentations; work with teams to carry out deep dives as needed into portfolio profitability; present results to senior management.
- Performance Board: support the Head of Portfolio and Performance Management to run the Performance Board which is the key framework of the portfolio & performance process at Everest International GWS, including setting agenda, providing insights, collating and presenting packs etc.
- Rate Adequacy: support development of our rate adequacy measures and frameworks; support to produce hurdle combined ratios at the level needed for the running of the International business, including expense and capital allocations as necessary; support to embed the rate adequacy frameworks within company, systems and UW process; help on providing necessary training on rate adequacy frameworks; present results to senior management.
- MI and Reporting: periodic price monitoring (RARC) reporting; rate adequacy reporting; work closely with Pricing, Reserving, Underwriting, Ceded, Claims, Finance and Exposure Management teams to pull together portfolio and performance metrics, reports and MI to inform business decisions.
- Others: work with pricing, reserving to support pricing calibration and planning assumptions; support on queries on International business within International, Group or externally as appropriate; support actuarial projects to improve data, processes, systems.
Qualifications:
- Bachelor’s degree in actuarial science, Mathematics, Statistics, or similar.
- Qualified or nearly qualified actuary.
- 5+ years of working experience in actuarial, pricing experience is preferred.
Knowledge, Skills & Competencies:
- Proficient in Excel, Access, VBA, SQL (with either R or Python skills desirable).
- Strong technical and analytical skills.
- Strong communication and collaboration skills.
- Proven ability to operate effectively at all levels and gain the trust and confidence of colleagues and senior management.
- Ability to work across teams and regions.
- Ability to take ownership and work under own initiatives.
What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.
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 behaviours.
Our Values are the guiding principles that inform our decisions, actions and behaviours. 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. Inclusion and Belonging.
Our Colleague Behaviours 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 behaviours across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.
Portfolio Management Actuary in London employer: Everest Group
Everest Advisors (UK), Ltd. is an exceptional employer that fosters a collaborative and inclusive work culture, where employees are empowered to take ownership of their roles and contribute to meaningful outcomes. Based in London, the company offers unique opportunities for professional growth within the dynamic field of risk management, allowing actuaries to engage with senior management and gain insights across multiple lines of business. With a commitment to employee development and a strong focus on community impact, Everest is dedicated to creating a rewarding environment for its team members.
StudySmarter Expert Advice🤫
We think this is how you could land Portfolio Management Actuary in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Everest or similar companies. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by diving deep into Everest's values and culture. Show how your skills align with their mission of risk management and community impact. We want to see your passion!
✨Tip Number 3
Practice your presentation skills. You might need to present data or insights during interviews, so being able to communicate clearly and confidently is key. We believe in owning our outcomes!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining the Everest team.
We think you need these skills to ace Portfolio Management Actuary in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Portfolio Management Actuary role. Highlight relevant experience in actuarial science, pricing, and performance management. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're excited about joining Everest and how you can contribute to our mission. Keep it concise but impactful – we love a good story!
Showcase Your Technical Skills:Don’t forget to mention your proficiency in Excel, SQL, and any programming languages like R or Python. These skills are crucial for the role, so let us know how you've used them in your previous work.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team!
How to prepare for a job interview at Everest Group
✨Know Your Numbers
As a Portfolio Management Actuary, you'll be dealing with a lot of data. Brush up on your technical skills, especially in Excel, SQL, and any programming languages like R or Python. Be prepared to discuss how you've used these tools in past roles to analyse portfolio performance or optimise pricing.
✨Understand the Business
Familiarise yourself with Everest Advisors and their approach to risk management. Understand their lines of business and how they operate within the insurance market. This will help you speak confidently about how you can contribute to their goals and align with their values during the interview.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities and analytical thinking. Prepare examples from your experience where you've had to make key decisions based on data analysis or collaborate with cross-functional teams. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Showcase Your Communication Skills
Since this role involves presenting results to senior management, practice articulating complex actuarial concepts in a clear and concise manner. Think about how you can demonstrate your ability to communicate effectively with both technical and non-technical stakeholders during the interview.
