Actuary, Commercial Property Pricing at Everest | NY, US | Rezi

Actuary, Commercial Property Pricing at Everest

Actuary, Commercial Property Pricing

Everest · NY, US

1 months ago

Actuary, Commercial Property Pricing

Everest · NY, US

a month ago
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About the Role

The insurance Actuarial Group of Everest Insurance is recruiting for an Actuary, Commercial Property Pricing role to provide traditional and technical support to Everest’s Primary Casualty business. This is a hybrid position based out of Warren, New York City, Stamford or Philadelphia offices. The ideal candidate will have strong technical capabilities, be high-energy, eager to learn and develop, and attracted to developing new tools and capabilities within a rapidly expanding business.

Responsibilities

  • Support the development and enhancement of pricing tools and methodologies for Commercial Property products, including Wholesale and Programs.
  • Perform pricing, profitability, rate change, trend, and portfolio analyses to support underwriting and business decision-making.
  • Assist with annual planning activities, including ELR analysis, portfolio reviews, and preparation of actuarial assumptions.
  • Support pricing modernization initiatives, including model development, coding, testing, validation, and implementation.
  • Contribute to portfolio impact analyses for strategic initiatives, including rater harmonization and pricing methodology changes.
  • Partner with Underwriting, CAT Modeling, IT, Operations, and other actuarial teams to gather inputs, validate assumptions, and explain analytical results.
  • Help improve efficiency, governance, and documentation of pricing and analytical processes.
  • Support regulatory, filing, reinsurance, and ad hoc actuarial requests as needed.
  • Develop clear exhibits and summaries that translate actuarial analyses into practical business insights.

Requirements

  • Near-ACAS with strong property pricing experience.
  • 5+ years of actuarial experience, preferably in property pricing, commercial lines, portfolio management, or related insurance analytics.
  • Strong analytical and problem-solving skills, with the ability to work with complex data and translate results into business recommendations.
  • Experience with actuarial pricing tools, data analytics, and modeling techniques.
  • Familiarity with catastrophe modeling concepts and property insurance pricing preferred.
  • Proficiency with Excel and large datasets; Python, SQL, R or similar tools preferred.
  • Strong communication skills with the ability to explain technical concepts to actuarial and business stakeholders.
  • Ability to manage multiple priorities, adapt to changing business needs, and work effectively in a cross-functional environment.
  • Strong attention to detail, ownership, and willingness to learn new systems, tools, and pricing methodologies.

Skills

  • Property pricing
  • Commercial lines
  • Portfolio management
  • Insurance analytics
  • Actuarial pricing tools
  • Data analytics
  • Modeling techniques
  • Catastrophe modeling
  • Excel
  • Python
  • SQL
  • R

Location

  • Warren
  • New York City
  • Stamford
  • Philadelphia
  • New York, NY

Work Type

  • Hybrid
  • Full time

Experience Level

  • 5+ years of actuarial experience

Education Level

  • Near-ACAS

Salary/Compensations

  • $119,000 - $150,000 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, 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.
  • 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.
  • 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.

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.