Actuarial Analyst

Posted 2 Days Ago
Be an Early Applicant
2 Locations
In-Office
116K-140K Annually
Mid level
Insurance
The Role
Perform pricing analyses and profitability reviews for P&C and specialty reinsurance, develop and test pricing models and tools, collaborate with underwriters and global actuarial teams, support portfolio management and ad-hoc modeling, and contribute to cross-functional international pricing initiatives.
Summary Generated by Built In

Title:

Actuarial Analyst

Company:

Everest Global Services, Inc.

Job Category:

Analytics

Job Description:

About Everest:

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.

Everest Reinsurance Company, a member of the Everest Re Group, Ltd. is looking for an Actuarial Analyst to join our International Pricing team in our Miami, Warren or New York Office.

In this role you will perform pricing analysis for the broad spectrum of P&C and Specialty reinsurance. In addition, you are involved in the development and pricing of innovative risk transfer solutions together with clients and brokers, primarily in Latin America and Middle East & Africa. You will work with underwriters to analyze the profitability of our portfolio in support of the Latin American and/or Middle East & African books of business. You will work closely with the actuarial function in home office and the other branch offices on the enhancement and development of pricing tools to enhance our pricing excellence.

Responsibilities include but not limited to:
  • Liaise with underwriting and management in support of our international book of business
  • Collaborate closely with Underwriters on technical assessments and exposure analysis
  • Performing transactional actuarial pricing analyses, conducting lines of business studies, profitability reviews, portfolio management, and ad-hoc modeling work
  • Working closely with the Solutions team to develop and test new models related to reinsurance pricing, as well as improve existing models.
  • Work with other actuaries across the International branches to ensure consistency and adherence to best practices
  • Support other global reinsurance pricing teams as needed
Qualifications, Education & Experience:
  • Actuarial, Math or Science related degree with excellent computer/data manipulation skills
  • 1-5 years of P&C actuarial pricing experience; reinsurance a plus
  • Demonstrated progress towards an actuarial designation by a recognized body
  • Experience in project work and tool development
  • Ideally has line of business experience in Latin America, Caribbean and/or Middle Eastern markets.
Knowledge, Skills & Competencies:
  • Experience with Python, and/or R, SQL, programming skills is a plus
  • Excellent written and oral communication skills
  • Spanish and/or Portuguese fluency preferred
  • Keen to work in cross-functional and cross-cultural teams, good team player
  • A business-oriented focus (motivated, self-directed, organized, and analytical)

The base salary range for this position is $116,000 - $139,740 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. All offers include access to a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).

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. 

Type:

Regular

Time Type:

Full time

Primary Location:

Warren, NJ

Additional Locations:

New York, NY

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)

Skills Required

  • Actuarial, Math or Science related degree
  • Excellent computer and data manipulation skills
  • 1-5 years of P&C actuarial pricing experience
  • Reinsurance experience
  • Demonstrated progress towards an actuarial designation by a recognized body
  • Experience in project work and tool development
  • Line of business experience in Latin America, Caribbean and/or Middle Eastern markets
  • Experience with Python, R, SQL or other programming skills
  • Excellent written and oral communication skills
  • Spanish and/or Portuguese fluency
  • Ability to work in cross-functional and cross-cultural teams (team player)
  • Business-oriented focus: motivated, self-directed, organized, analytical

Everest Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Everest and has not been reviewed or approved by Everest.

  • Fair & Transparent Compensation Pay is characterized as fair or decent for the role, with total compensation often viewed as broadly competitive. Bonus, overtime eligibility, and stock-related elements are described as meaningful contributors to overall earnings in stronger years.
  • Healthcare Strength Health benefits are repeatedly characterized as good to great, and they appear to be a consistent bright spot in the overall rewards package. Core protections like life insurance and short- and long-term disability coverage are also described as available.
  • Wellbeing & Lifestyle Benefits A Lifestyle Spending Account and a wellness debit-card style perk are described as available for physical or mental health expenses. Employee assistance support is positioned as accessible globally, adding to day-to-day wellbeing coverage.

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The Company
HQ: Allen, TX
3,485 Employees
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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