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- Tasks: Lead reserve studies and collaborate globally to enhance actuarial processes.
- Company: Join Everest Advisors, a global leader in risk management with a rich heritage.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Flexible work environment with a strong focus on collaboration and inclusion.
- Why this job: Make a real impact in a dynamic environment while working with international teams.
- Qualifications: Fellow of the Institute and Faculty of Actuaries or similar, with 5+ years of experience.
The predicted salary is between 60000 - 75000 £ 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: The Senior Actuarial Analyst will form a critical part of the International Reinsurance Reserving team, helping to enhance and develop its foundations and capabilities. The role will require an individual with strong actuarial, analytical and communication skills. It will require interaction on a global basis with multiple other functional areas including underwriting, finance, compliance, claims, pricing and senior management. Role is based in London and reports to the UK Reserving Manager.
Responsibilities:
- Lead the reserve adequacy studies for Facultative
- Manage quarterly closing tasks; validation of plan ELR amounts, actuarial versus expected and roll forward analysis
- Provide peer review and support where needed for reserving tasks within the other International regions (e.g. Dublin/Zurich, London or Singapore)
- Explore and develop new reserving approaches and methodologies
- Participate in group wide projects to help improve reserving processes
- Ensure collaboration with Pricing Actuarial, Underwriting, Claims and Financial Services
- Work with the UK Reserving Manager and the Head of International Reinsurance Reserving to ensure consistency and adherence to global reserving best practices
- Timely delivery and communication of results
Professional Experience:
- Recently or nearly qualified Fellow of the Institute and Faculty of Actuaries (FIA) or similar
- Bachelor’s degree or higher in Maths, Accounting, Economics, Statistics, Business or a similar field
- A minimum of five years P&C actuarial experience.
- Knowledge and experience of GI reserving and (ideally) reinsurance.
Skills & Abilities:
- Strong Excel skills are mandatory. Excel VBA, SQL, Python, etc. is a plus.
- Familiarity with ResQ is a plus.
- Good organisational skills and a strong attention to detail
- Strong written and verbal interpersonal and communication skills.
- Ability to work well in an international team environment as well as independently
- A flexible and enthusiastic approach to work with a strong appetite to network internationally, learn and develop.
- Able to work in dynamic and agile environment, especially through remote setting
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 behaviors.
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. Inclusion and Belonging.
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.
Senior Actuarial Analyst in London employer: Everest Group
Contact Detail:
Everest Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Analyst in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Everest Advisors on LinkedIn. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Make sure you're ready to discuss your experience with Excel, SQL, and any other relevant tools. We want to see that you can walk the talk!
✨Tip Number 3
Show off your communication skills! During interviews, be clear and concise when discussing your past experiences. Remember, they’re looking for someone who can collaborate across teams, so let your personality shine through.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of the Everest team.
We think you need these skills to ace Senior Actuarial Analyst in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Senior Actuarial Analyst role. Highlight your actuarial qualifications, analytical skills, and any relevant experience in P&C actuarial work. We want to see how you fit into our team!
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 your background makes you a great fit for the role. Be sure to mention your communication skills and your ability to work in an international team.
Showcase Your Technical Skills: Since strong Excel skills are a must, don’t forget to mention any additional technical skills you have, like VBA, SQL, or Python. If you’ve worked with ResQ, definitely include that too! We love seeing candidates who can bring extra value to our team.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, it shows you’re serious about joining our amazing team at Everest!
How to prepare for a job interview at Everest Group
✨Know Your Numbers
As a Senior Actuarial Analyst, you'll need to demonstrate your strong analytical skills. Brush up on key actuarial concepts and be ready to discuss your experience with reserving methodologies. Prepare to explain how you've used data to drive decisions in previous roles.
✨Showcase Your Communication Skills
This role requires interaction with various teams, so practice articulating complex actuarial concepts in simple terms. Think of examples where you've successfully communicated findings to non-technical stakeholders, as this will highlight your ability to collaborate effectively.
✨Familiarise Yourself with Tools
Make sure you're comfortable with Excel and any other tools mentioned in the job description, like SQL or Python. If you have experience with ResQ, be prepared to discuss it. Consider doing a quick project or two to refresh your skills before the interview.
✨Embrace the Culture
Everest values collaboration and inclusion, so be ready to share how you embody these principles. Think about times when you've worked in diverse teams or contributed to a positive team culture. This will show that you align with their values and are a good fit for their environment.