Actuarial Analyst I

Posted 5 Days Ago
Warren, NJ
1-3 Years Experience
Insurance
The Role
Assist in analyzing external data sources, researching lines of business, enhancing data tools, and contributing to Groupwide reporting in the Actuarial Analyst I role at Everest Global Services, Inc.
Summary Generated by Built In

Title:

Actuarial Analyst I

Company:

Everest Global Services, Inc.

Job Category:

Analytics

Job Description:

About Everest:
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

About the Role:

Everest’s Group Actuarial Practice and Analytics team has an opening for an Actuarial Analyst I as the team expands its Actuarial Independent Analysis (AIA) remit. This team, part of Enterprise Risk Management, acts as a critical challenge function for key parameters and core analyses performed by various actuarial areas in the firm. The challenge function aims to establish a point of view by going beyond typical data sources for a more robust set of indications. In addition, the Group Actuarial Practice and Analytics team has built a suite of analytical tools that use internal data to compute useful metrics and provide quantitative insights for both insurance and reinsurance. This position is based out our Warren, NJ or Stamford, CT office on a hybrid work schedule (3 days in office/2 days remote).

Role & Responsibilities (include but not limited to):

  • Assist in identifying and analyzing relevant external data sources to challenge, compare, and contrast internal assessments of key parameters and core analyses.

  • Assist in researching, analyzing, and establishing a point of view on existing or new lines of business for Everest and further identifying pockets of potential profitability and / or pitfalls within a line. Use peer company data to supplement and complement findings.

  • Use coding skills to help enhance existing Group data tools and analytics while learning the context around the insights the tool is generating.

  • Help amass data from insurance and reinsurance teams for Groupwide reporting.

Qualifications

  • Bachelor's degree in mathematics, Actuarial Science, Statistics, or related area

  • At least one actuarial exam, with the committed pursuit of actuarial credentials like ACAS, FCAS, FIA, or similar.

  • 1+ years of professional actuarial experience

Knowledge, Skills & Competencies:

  • Proficiency in Excel and SQL is a must.

  • Power BI, Python, and/or R skills a plus.

  • Strong mathematical and analytical skills, strong organizational skills and attention to detail.

  • Interest in building solid working relationships with peers, management and different business functions, collaborating across teams and regions, honing skills in both oral and written communication.

  • A business-oriented focus (motivated, self-directed, organized, intellectually curious, and analytical).

  • Flexible and responsive to dynamic business needs including tight turnaround times.

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 behaviors. Click here to learn more about our culture. 

  • Our Values are the guiding principles that inform our decisions, actions and behaviors. 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. Diversity, Equity and Inclusion.

  • Our Colleague Behaviors 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 behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

#CK1

#LI-hybrid

Type:

Regular

Time Type:

Full time

Primary Location:

Warren, NJ

Additional Locations:

Stamford, CT

Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at [email protected].

Everest U.S. Privacy Notice | Everest (everestglobal.com)

Top Skills

Python
R
SQL
The Company
HQ: Warren, NJ
3,485 Employees
On-site Workplace
Year Founded: 1973

What We Do

Everest Group, Ltd. (“Everest”) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest is in over 100 countries across 6 continents. We provide the world with protection, we underwrite more than risk, we underwrite opportunity.

Everest Group, Ltd. is listed on the New York Stock Exchange (NYSE: EG) and is a component of the S&P 500 index.

FINANCIAL STRENGTH RATINGS
A+ by A.M. Best
A+ by S&P
A1 by Moody's

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