At a Glance
- Tasks: Drive actuarial initiatives and support quarterly reserving processes.
- Company: Join a leading syndicate with a collaborative and dynamic culture.
- Benefits: Gain exposure to diverse teams and enhance your analytical skills.
- Other info: Excellent career growth opportunities in a fast-paced environment.
- Why this job: Shape impactful actuarial outputs and contribute to strategic planning.
- Qualifications: 2-4 years of actuarial reserving experience and progress towards qualification.
The predicted salary is between 37800 - 46200 £ per year.
In this Actuarial Analyst II role, you will support the Everest Syndicate's actuarial function by driving BAU and project initiatives. You will own aspects of quarterly reserving, contribute to regulatory reporting, and partner with underwriting, claims, finance and risk teams to improve results. The role offers exposure to a broad stakeholder network and a steep learning curve in a collaborative environment. You’ll shape actuarial outputs and deliver insights to support company results and strategic planning.
Responsibilities
- Own quarterly reserving processes for GAAP and Solvency II technical provisions
- Support setting actuarial assumptions and methods
- Support and present results to stakeholders, Group, Lloyd’s and regulators
- Engage in reserving discussions with underwriting, actuarial, claims, finance and reinsurance to improve results
- Deliver timely results and maintain clear communication of outputs
- Support actuarial analysis for business planning and stakeholder reporting
- Ensure regulatory compliance
- Develop tools/outputs to leverage actuarial data and provide insights to senior management
Key requirements
- 2–4 years of actuarial reserving experience (London Market desirable)
- Progress toward actuarial qualification
- Bachelor’s degree or higher in Maths, Actuarial Science, Economics, Statistics, Business or similar
- Ability to work independently and with others
- Strong collaboration and stakeholder management
- Clear communication of modelling processes and results
- Attention to detail and strong organizational skills
- MS Excel
- SQL
- Power BI
Actuarial Analyst II in London employer: Everest Re Group
Everest Advisors is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong commitment to employee growth, we provide ample opportunities for professional development and mentorship, particularly for those in the Senior Energy & Construction Underwriter role. Our inclusive culture, rooted in shared values, ensures that every team member feels valued and empowered to contribute to meaningful projects that impact communities globally.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Analyst II in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Everest Re Group). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Everest Re Group. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Actuarial Analyst II in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Everest Re Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Everest Re Group. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Everest Re Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Everest Re Group to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Everest Re Group, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Everest Re Group's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
