About the Role
The Senior Actuarial Analyst will conduct and execute actuarial reserving analyses for Property & Casualty Reinsurance lines of business. This role is crucial for evaluating loss and LAE reserves, supporting financial reporting, and collaborating with various departments. The position demands strong technical reserving expertise, analytical judgment, and effective communication of complex findings.
Responsibilities
- Perform quarterly and annual loss/LAE reserve analyses for assigned P&C reinsurance lines of business using actuarial best practices.
- Develop and prepare recommendations for carried reserves, including detailed rationale for management and audit review.
- Independently analyze loss development patterns, trends, tail factors, and large loss activity.
- Identify emerging issues and proactively explain reserve movements, variability, and key drivers.
- Conduct deep-dive analyses on specific segments, coverages, and underwriting years.
- Support statutory, GAAP, and management reporting processes.
- Prepare comprehensive actuarial exhibits, documentation, and reserve memos.
- Partner with Finance on close processes, variance analysis, and earnings commentary.
- Ensure adherence to internal controls, SOX documentation, and governance standards.
- Work closely with Claims to understand operational drivers of loss emergence and incorporate findings into analyses.
- Collaborate with Underwriting and Pricing to provide data-driven feedback on loss experience and profitability.
- Assist with planning and financial reporting.
- Support transformation and process improvement efforts.
- Contribute to the enhancement of reserving methodologies, tools, and automation.
- Serve as a knowledgeable resource and subject matter expert on assigned lines of business.
Requirements
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or a related quantitative field.
- Minimum of 5 years of actuarial experience.
- P&C reinsurance and/or reserving experience preferred.
- Active pursuit of Casualty Actuarial Society (CAS) credentials.
- ACAS designation preferred.
- Advanced proficiency in Excel.
- Working knowledge of actuarial software (e.g., ResQ, Arius, SAS, R, or similar) preferred.
- Programming, data querying, or automation experience (e.g., SQL, R, Python, VBA).
- Strong written and verbal communication skills, with the ability to explain analytical findings to both technical and non-technical stakeholders.
Skills
- Excel
- Actuarial software (ResQ, Arius, SAS, R, or similar)
- Programming
- Data querying
- Automation (SQL, R, Python, VBA)
- Written communication
- Verbal communication
Location
- New York, NY
- Toronto - Reinsurance Canada
Work Type
- Hybrid
- Regular
- Full time
Experience Level
- Minimum of 5 years of actuarial experience
Education Level
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or a related quantitative field.
- Active pursuit of Casualty Actuarial Society (CAS) credentials
- ACAS designation preferred
Salary/Compensations
- $102,000 - $132,000 annually
Benefits
- Health insurance coverage
- Employee wellness program
- Life and disability insurance
- 401k match
- Retirement savings plan
- Paid holidays
- Paid time off (PTO)
About the Company
- Everest is a global leader in risk management with a 50+ year heritage.
- We are underwriters of risk, growth, progress and opportunity.
- We are a global team focused on disciplined capital allocation and long-term value creation.
- We care deeply about our impact on communities and the wider world.
- 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 driven by a unified set of values and behaviors.
- Our Values: Talent, Thoughtful assumption of risk, Execution, Efficiency, Humility, Leadership, Collaboration, Inclusion and Belonging.
- Our Colleague Behaviors: Respect everyone, Pursue better, Lead by example, Own our outcomes, Win together.
Equal Opportunity
- 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 everestbenefits@everestglobal.com.
