Senior Actuarial Analyst

Senior Actuarial Analyst

Full-Time 36000 - 60000 £ / year (est.) No home office possible
Everest Re Group,

At a Glance

  • Tasks: Drive actuarial initiatives and collaborate with finance, claims, and underwriting teams.
  • Company: Join Everest, a leading global Reinsurance and Insurance organisation with an innovative culture.
  • Benefits: Enjoy competitive salary, professional development, and a supportive work environment.
  • Why this job: Make a tangible impact in a dynamic team while growing your actuarial skills.
  • Qualifications: Nearly or newly qualified Fellow of the Institute and Faculty of Actuaries or similar.
  • Other info: Embrace a culture of collaboration, inclusion, and continuous learning.

The predicted salary is between 36000 - 60000 £ 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 join 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: To help support and drive forward BAU and project initiatives, working collaboratively with other members of actuarial, finance, claims and underwriting teams. The role will have a broad remit across legal entities, actuarial disciplines, and quarterly reserving as well as project work and tools development. The candidate will have responsibility for owning key aspects of the quarterly reserving process, stakeholder management, syndicate reporting, inputs/validation to capital setting and working with the Actuarial Management team on analysis to generate and support reserving results and performance insights. The successful candidate will work with autonomy in a supportive and encouraging environment. This will be suitable for someone who is entrepreneurial and is looking to be empowered to take on ownership, make a tangible impact with the business and who enjoys collaborating with others. This is a great opportunity for personal growth and development!

Key Accountabilities:

  • Production of syndicate deliverables and development of wider IW&S actuarial capabilities.
  • Quarterly reviews of reserves in respect of business written across international platforms including support setting of key actuarial assumptions and methods for both GAAP and SII purposes and reporting of results to key internal stakeholders, auditors, Group, Lloyd’s and PRA.
  • Contribute to reserving and capital discussions with underwriting, pricing, claims, finance and reinsurance to improve underwriting results.
  • Contribute to actuarial analysis which supports the business planning process and communicate the results to internal and external stakeholders.
  • Undertake regular portfolio analysis of classes and inputs to the performance board.
  • Collaborate with pricing actuaries and underwriters for sharing information, influencing and to support actuarial assumptions used.
  • Ensure compliance with all regulatory requirements.
  • Develop tools and outputs to leverage reserving data to inform underwriting performance.
  • Deliver insights and valuable MI to key stakeholders and senior management to ensure it is at the forefront of the industry and maintain commercial advantage.
  • Support the production of the actuarial function component reports.
  • Develop and comply with appropriate controls over model inputs, parameters, judgements and outputs.

As IW&S continues to grow and evolve, the successful applicant will be heavily involved in the wider actuarial team’s journey and evolution to deliver quality tools and insights, which include:

  • Identifying, planning and leading the execution of future enhancements to the reserving and capital modelling tools, approaches and add‑value proposition.
  • Modelling and coordinating inputs to parameter updates.
  • Business partnering (product, portfolio reviews, entity forums), underpinned by clear, commercial MI insights.

This role will be highly visible and integrated as part of the wider actuarial team, with opportunity to collaborate, learn and contribute across the functions and business.

Professional Experience:

  • Nearly or Newly qualified Fellow of the Institute and Faculty of Actuaries (FIA) or similar.
  • Knowledge and experience of GI reserving and capital modelling approaches.
  • Experience of Lloyd’s reporting.
  • Proven ability of working independently and collaborating with others.
  • Bachelor’s degree or higher in Maths, Accounting, Economics, Statistics, Business or a similar field.

Skills & Abilities:

  • Excellent IT skills, MS Excel, SQL, Power BI and ResQ.
  • Strong reserving skills and model building experience.
  • Excellent organisational skills and a strong attention to detail.
  • Keen desire to learn, develop and collaborate with others.
  • Ability to simply communicate modelling process and results with internal and external stakeholders, both verbally and through reports or presentations.
  • A flexible and enthusiastic approach to work with a strong appetite to network, learn and develop.

Competencies: The role holder will be required to embrace the Everest Core Values: Collaboration, Thoughtful Assumption of Risk, Execution, Humility and Leadership. The Everest Core Values are the foundation upon which we conduct our work, and conduct ourselves both internally with our colleagues, and externally with clients/customers. The Company's success and that of our employees begins with these values. All employees are expected to support and exhibit these values in their interactions with others and through their day‑to‑day responsibilities.

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.

Type: Regular Time Type: Full time Primary Location: London

Senior Actuarial Analyst employer: Everest Re Group,

Everest is an exceptional employer, offering a dynamic and inclusive work culture that empowers employees to make a tangible impact within the actuarial team. With a strong focus on professional growth, collaboration, and innovation, employees are encouraged to take ownership of their roles while benefiting from significant investment in their development. Located in London, this role provides unique opportunities to engage with a global network and contribute to cutting-edge actuarial practices in a supportive environment.
Everest Re Group,

Contact Detail:

Everest Re Group, Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Actuarial Analyst

✨Tip Number 1

Network like a pro! Reach out to current or former employees at Everest through 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 diving deep into Everest's values and culture. Show us how you embody collaboration and leadership in your past roles – we love to see that!

✨Tip Number 3

Practice your storytelling skills. Be ready to share specific examples of how you've tackled challenges in actuarial work, especially around reserving and capital modelling. We want to hear your journey!

✨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 you're serious about joining our team.

We think you need these skills to ace Senior Actuarial Analyst

Actuarial Analysis
Reserving Skills
Capital Modelling
Stakeholder Management
Data Analysis
Communication Skills
MS Excel
SQL
Power BI
Model Building
Attention to Detail
Collaboration
Problem-Solving Skills
Regulatory Compliance
Business Partnering

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Actuarial Analyst role. Highlight relevant experience, especially in GI reserving and capital modelling. We want to see how your skills align with our needs!

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. Keep it engaging and personal – we love a good story!

Showcase Your Skills: Don’t forget to highlight your IT skills, especially in MS Excel, SQL, and Power BI. We’re looking for someone who can leverage data effectively, so make sure to mention any relevant projects or tools you've developed.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!

How to prepare for a job interview at Everest Re Group,

✨Know Your Numbers

As a Senior Actuarial Analyst, you'll be dealing with complex data and models. Brush up on your technical skills, especially in areas like reserving and capital modelling. Be prepared to discuss specific examples of how you've used these skills in past roles.

✨Understand the Business

Familiarise yourself with Everest's business model and the role of the actuarial function within it. Show that you understand how your work will impact underwriting results and overall business strategy. This will demonstrate your commitment and strategic thinking.

✨Collaborate and Communicate

Since this role involves working closely with various teams, practice articulating your thoughts clearly. Prepare to discuss how you've successfully collaborated with finance, claims, and underwriting teams in the past. Highlight your ability to communicate complex ideas simply.

✨Embrace the Culture

Everest values collaboration, humility, and leadership. Reflect on how your personal values align with theirs. Be ready to share examples of how you've embodied these values in your previous roles, showing that you're not just a fit for the job, but for the company culture too.

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