At a Glance
- Tasks: Join the Actuarial Solutions team to develop and enhance global reinsurance pricing tools.
- Company: Everest Global Services, a leader in risk management with a 50+ year legacy.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on innovation and community impact.
- Why this job: Make a real impact on global projects while working with cutting-edge technology.
- Qualifications: Experience in reinsurance pricing tools and strong software development skills required.
The predicted salary is between 49500 - 60500 £ per year.
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.
The Actuarial Solutions team is part of Group Actuarial and is responsible for developing, maintaining, and supporting Everest's global pricing tools, which are key to the success of Everest's reinsurance business. This is an opportunity for an actuary with experience in developing reinsurance pricing tools, or a reinsurance pricing actuary with an interest in developing pricing tools, to play an active role in a worldwide project upgrading Everest's global reinsurance pricing tool. The Actuarial Solutions team is also responsible for other technology-related applications, such as reporting, process automation, etc. across pricing, reserving, and other actuarial work, group-wide.
Key Responsibilities
- Working as part of the Actuarial Solutions team contribute to the development of the new Everest's Reinsurance pricing tool.
- Propose UI designs, actuarial methodologies, platform architecture, etc., consistent with Everest's reinsurance pricing approaches.
- Gather and respond to user feedback from pricing tool users, actuaries and underwriters, on reinsurance pricing.
- Program pricing tool features.
- Help ensure the quality and reliability of the new platform through involvement in testing and quality control.
- Collaborate with IT and other internal teams on the pricing tool build.
- Support business-as-usual pricing tool operation.
- Support users through troubleshooting, debugging, and issue-resolution for Solutions applications.
- Help represent the wishes of international (worldwide excluding US) users in wider discussions.
- Help prepare user documentation, guidance materials, and training content.
Knowledge, Skills & Competencies
- Experience in developing reinsurance pricing tools, for example being involved in programming, architecture or UI design etc.
- Strong interest in software development, with experience in at least some of the following: Python, VBA/Excel, SQL, web application development.
- 5 years relevant experience.
- Experience working with commercially available platforms for (re)insurance pricing tools an advantage.
- Experience and interest in leveraging AI for the efficient development of high-quality applications.
- Strong data manipulation skills, ideally using SQL, Python (Pandas/Polars), or R (dplyr).
- Familiarity with modern software development practices (e.g., Git, unit testing, AI).
Qualifications / Experience / Aptitudes
- University degree in science, actuarial science, IT / data-science, mathematics, or a related technical field.
- Qualified actuary or actuarial experience, or actively working toward actuarial qualifications.
- Strong communication skills with the ability to work effectively with diverse stakeholders.
- Team player with experience working on large or complex software projects.
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. This includes day to day interactions with fellow colleagues, and the global communities we serve.
Location: London
Type: Full time
Actuary Analyst 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 Actuary Analyst 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.
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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
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✨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 Actuary Analyst 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.
