At a Glance
- Tasks: Lead the capital modelling team and ensure compliance with governance and regulatory requirements.
- Company: Join Everest Advisors, a global leader in reinsurance and insurance with an innovative culture.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Collaborative environment with opportunities to learn and grow across functions.
- Why this job: Make a tangible impact on the actuarial department's strategy and future direction.
- Qualifications: Experience with Internal Models in Lloyd’s and strong analytical skills.
The predicted salary is between 60000 - 80000 £ per year.
Who we are: Everest is a leading global Reinsurance and Insurance organisation with extensive product and distribution capabilities, a strong balance sheet and an innovative culture. Throughout our history, Everest has maintained its discipline and focus on creating long term value through underwriting excellence and strong risk and capital management.
Why join: Everest Insurance International Wholesale & Specialty (IW&S) is part of a global group. IW&S consists of Everest Syndicate 2786, Everest Insurance (Ireland) DAC (EIID), and Everest Insurance Singapore (EIS). It is an exciting time and an excellent opportunity to be joining IW&S as the business focuses on investing and growing its wholesale and specialty book, investing in teams and systems under a global strategy. The Actuarial Function is instrumental in supporting and influencing the business and longer-term ambitions, with significant investment and wider Group collaboration in establishing a best-in-class actuarial set up.
Role purpose: As part of the Everest Insurance journey, we fully in-housed the syndicate managing agent in 2025. The Senior Capital Actuary role is to support the Head of Capital in establishing the capital modelling team and its capabilities, ensuring all governance and regulatory requirements are managed and met. As a key member of this new team in Everest, the role will provide the opportunity to help shape the culture and processes of the team, and to collaborate with and learn from the wider actuarial team in IW&S. It will also involve training and guiding a junior capital analyst to learn best practices.
Key Accountabilities:
- Become subject matter expert for syndicate internal model.
- Produce internal and external reporting from internal model.
- Analyse and communicate model results to ensure robust understanding of outputs and transparency to all stakeholders.
- Facilitate parameterisation of model using expert judgement from other Everest departments.
- Support internal and external validation of internal model.
- Collaborate with reinsurance department to support RI purchasing.
- Liaise with underwriting and pricing to support capital allocation for pricing new business.
- Develop clear and relevant MI reporting tools.
- Run scenarios and stress tests to support business decision making.
- Support the Syndicate Chief Actuary in producing the actuarial function report.
- Apply appropriate controls over model inputs, parameters, judgments and outputs.
- Collaborate with pricing, reserving and exposure management to ensure synergies across processes and teams, supporting efficiency, cross-learning and increased capacity for add-value tasks.
Key stakeholders include risk, finance, group capital management, Lloyd’s, external validator, actuarial, Syndicate Board and senior management. This role will be integrated as part of the wider actuarial team, with opportunity to collaborate, learn and contribute across the functions and business.
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.
Senior Actuary in London employer: Everest Group
Everest Advisors (UK), Ltd. is an exceptional employer that fosters a culture of inclusion and collaboration, making it an ideal place for professionals seeking meaningful careers in finance. With a commitment to employee growth and development, the company offers robust opportunities for advancement while ensuring a supportive work environment in the vibrant city of London. Employees benefit from a strong focus on work-life balance, competitive compensation, and the chance to contribute to impactful projects that drive global economies forward.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Actuary 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 maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by diving deep into Everest's culture and values. Show us how your experience aligns with our focus on collaboration and innovation. We love candidates who can demonstrate they fit right in!
✨Tip Number 3
Practice your technical skills! As a Senior Actuary, you'll need to showcase your expertise in capital modelling. Brush up on your knowledge and be ready to discuss how you've tackled similar challenges in the past.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you're genuinely interested in joining the Everest team.
We think you need these skills to ace Senior Actuary in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Actuary role. Highlight your experience with internal models and any relevant regulatory knowledge. We want to see how your skills align with what we're looking for!
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 actuarial team. Be genuine and let your personality come through.
Showcase Your Achievements:When detailing your experience, focus on specific achievements that demonstrate your expertise in capital modelling and collaboration. Numbers and results speak volumes, so don’t hold back!
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 at Everest!
How to prepare for a job interview at Everest Group
✨Know Your Numbers
As a Senior Actuary, you'll need to demonstrate your expertise in capital modelling and internal models. Brush up on the specifics of Lloyd's requirements and be ready to discuss how you've applied your knowledge in previous roles. This will show that you understand the technical aspects of the job.
✨Showcase Your Collaboration Skills
Collaboration is key in this role, so prepare examples of how you've worked with different departments, like underwriting or reinsurance. Highlight any successful projects where teamwork led to better outcomes, as this aligns with Everest's values of collaboration and inclusion.
✨Prepare for Scenario Questions
Expect questions about how you would handle specific scenarios, such as stress testing or parameterisation of models. Think through your approach to these situations and be ready to explain your thought process clearly. This will demonstrate your problem-solving skills and strategic thinking.
✨Emphasise Your Leadership Potential
Even if you're not in a formal leadership position, showcase instances where you've guided junior colleagues or led projects. Discuss how you can contribute to shaping the culture and processes of the new team at Everest, as they value leadership and ownership of outcomes.
