Actuarial Analyst II

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Job Description:

Everest Global Services, Inc., a member of the Everest Re Group, Ltd., is currently seeking an Actuarial Analyst II in the reserving unit for the Everest Insurance portfolio. 

This position will perform reserve analyses, quarterly performance monitoring, as well as working on data and automation initiatives. Location can be in New Jersey, New York, or Philadelphia.

For New York and New Jersey only: The base salary range for this position is $75,000 - $110,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location.

This position will analyze the Everest Insurance specialty property & casualty (P&C) portfolio.  It will also assist with planning and financial reporting, and will collaborate with Pricing Actuarial, Underwriting, Claims, and Financial Services. This position may supervise junior actuaries.

Responsibilities include but are not limited to:

• Perform annual reserve reviews as well as quarterly roll forwards on Everest Insurance business. Prepare presentation material and communicate findings to management and other key stakeholders.
• Determine the selection of ELRs and prior year development results for various business segments during quarter close. Maintenance and support of files which produce the quarterly exhibits for quarterly reserve meetings.
• Interact with Finance, Claims and Underwriting to facilitate management and financial reporting.
• Collaborate closely with business division leaders, pricing actuarial, and claims to identify loss trends and emerging issues that could impact results and assist in developing proposals for corrective action in a timely manner.
• Review reinsurance ceded loss estimates and determine allocation of treaty costs amongst the various business segments.
• Help to further streamline and automate existing actuarial data flows and work processes.
• Assist in completion of year-end reporting – i.e. Short Duration, Global Triangles and Schedule P.
• Adherence to Sarbanes-Oxley process and procedures.

Work Experience and Qualifications

• Minimum 5 years of P&C actuarial experience – with at least 2 years of reserving experience required.
• Strong Excel skills are mandatory.  Excel VBA experience is a plus.
• Familiarity with ResQ, Power BI, Python, R or SQL a plus.
• Strong written and verbal interpersonal and communication skills.
• Familiarity with project management and process redesign approaches is a plus
• Self-starter with the ability to work well in a team environment as well as independently.
• Highly organized, focused and detail oriented.

Everest is committed to recruiting and retaining the most talented individuals in the industry. We offer a dynamic work environment and a competitive compensation and benefit package which includes a 401k plan, retirement/savings option, tuition reimbursement, medical, dental, vision, life, and group legal plans.
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.

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.  

For NY Only: The base salary range for this position is $80,000 - $110,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. 

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 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. Inclusion and Belonging.
• 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. 

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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].

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