Senior Actuary at Everest Group | England, GB | Rezi

Senior Actuary at Everest Group

Senior Actuary

Everest Group · England, GB

1 months ago

Senior Actuary

Everest Group · England, GB

2 months ago
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About the Role

The Actuarial Function is instrumental in supporting and influencing the business and longer-term ambitions, with significant focus and wider Group collaboration in establishing a best-in-class actuarial set up. The role focuses on rigorous deal-level pricing, portfolio impact assessment and ongoing performance monitoring, ensuring underwriting decisions are supported by robust analytics and aligned with overall portfolio profitability.

Responsibilities

  • Provide actuarial pricing analysis for new and renewal portfolio and structured deals, including delegated and follow-line business.
  • Assess expected profitability, volatility and capital impact of individual transactions and their interaction with the existing portfolio.
  • Provide clear, evidence-based pricing recommendations covering: Risk selection, Contract structure, Coverage terms, Pricing adequacy.
  • Develop and maintain monitoring and tracking processes to assess: Segment-level and portfolio-level profitability, Emerging trends and experience divergence, Rate adequacy and market movements.
  • Support periodic portfolio reviews, producing objective, data-driven conclusions and recommendations for underwriting or strategic action.
  • Evaluate the impact of market conditions, rate change and underwriting behaviour on portfolio performance.
  • Maintain strong feedback loops between Pricing, Reserving, Capital modelling, Business planning.
  • Input into business planning processes, including: Loss ratio selections, Portfolio assumptions, Assessment of reinsurance structures and recoverability, where appropriate.
  • Support exposure management by analysing accumulation, diversification and systemic risk drivers.
  • Work closely with EPS underwriters to understand deal intent and risk drivers.
  • Translate actuarial outputs into practical underwriting insight.
  • Communicate complex technical findings clearly to non-technical stakeholders.
  • Collaborate with data, systems and analytics teams to enhance Pricing tools, Data quality and Analytical output and automation.
  • Participate in broker and client meetings.
  • Identify opportunities to influence pricing strategy by utilizing portfolio datasets into rater benchmarking and segmentation analysis.

Requirements

  • Fellow of a recognised actuarial body (or equivalent experience with strong exam progression).
  • Strong background in general insurance pricing, ideally within the London Market.
  • Proven experience delivering hands-on actuarial pricing analysis for complex or non-standard risks.
  • Excellent technical skills, including experience with Pricing models, Portfolio analysis, Large or complex datasets.
  • Strong analytical judgement and ability to operate in low-precedent environments.
  • Clear and confident communicator, able to explain technical concepts to non-technical audiences.
  • Ability to build strong working relationships with peers, management and different business functions.
  • Proficient in Excel, VBA, SQL (with either R or Python skills desirable) and an ability to create pricing tools to support day to day underwriting workflow.
  • Ability to work under own initiative and show flexibility to meet business needs.
  • Experience with Portfolio or follow-line capacity arrangements.
  • Experience with Structured or multi-line insurance solutions.
  • Experience with Delegated authority / MGA business.
  • Familiarity with exposure management and aggregation risk concepts.
  • Experience contributing to pricing system or model development initiatives.

Skills

  • Excel
  • VBA
  • SQL
  • R
  • Python

Location

  • London

Work Type

  • Full time
  • Regular

Experience Level

  • Senior
  • Individual contributor, with scope to mentor junior analysts

Education Level

  • Fellow of a recognised actuarial body

About the Company

  • 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.
  • 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).
  • IW&S is focusing on investing and growing its wholesale and specialty book, investing in teams and systems under a global strategy.
  • 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 pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors.
  • 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.
  • EVEREST is a leading international reinsurance and insurance group with an extensive distribution network that spans five continents. With roots dating back to 1973, Everest has developed a global footprint and deep client relationships that are largely unmatched by its peers.
  • The Company’s principal business strategies seek to leverage its strengths to optimize returns over the underwriting cycle, thereby creating value for its shareholders and business partners.

Equal Opportunity

  • 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.