Actuary in London

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.

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.

This role represents a unique opportunity to work with and gain in depth knowledge of multiple lines across multiple regions, work closely with underwriters and other actuarial functions across pricing and reserving, and will also have significant exposures to senior management particularly with our International and Global executive teams.

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.

• 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 and 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, produce hurdle combined ratios at the level needed for the running of the International business, including expense and capital allocations as necessary, embed the rate adequacy frameworks within company systems and UW process, help on providing necessary trainings on rate adequacy frameworks, and 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, and 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.
• 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.

At Everest we are dedicated to building an inclusive and authentic workplace. Please let us know if you need any accommodations throughout the application or interview process.

We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. They are an expression of our culture and an integral part of how we work: Talent, Thoughtful assumption of risk, Inclusion and Belonging.