Actuarial Analyst II

Everest Re Group,; Toronto; On-site; CAD 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a detail-oriented Actuarial Analyst II to join their dynamic team in Toronto. This role involves performing reserve analyses, collaborating with various departments, and streamlining actuarial processes. Ideal candidates will have a strong background in property and casualty actuarial work, with a focus on reserving and data automation. The company offers a competitive compensation package and values the contribution of its talented workforce. If you are a self-starter with excellent analytical skills and a passion for the actuarial field, this opportunity is perfect for you.

Benefits

401k plan

tuition reimbursement

medical insurance

dental insurance

vision insurance

life insurance

group legal plans

Qualifications

• Minimum 5 years of P&C actuarial experience, with at least 2 years in reserving.
• Strong Excel skills are mandatory; VBA experience is a plus.

Responsibilities

• Perform annual reserve reviews and communicate findings to management.
• Collaborate with Finance, Claims, and Underwriting for reporting.

Skills

P&C actuarial experience

Excel

Excel VBA

ResQ

Power BI

Python

R

SQL

communication skills

project management

Job description

Title:

Actuarial Analyst II

Company:

Everest Reinsurance Company (Canada)

Job Category:

Analytics

Job Description:

About Everest:

Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Europe, Bermuda, Canada, Singapore, US, Latin America and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people.

About the Role:

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 Reinsurance 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, Philadelphia or Toronto.

This position will analyze the Everest Reinsurance 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.

Responsibilities include but are not limited to:

• Perform annual reserve reviews as well as quarterly roll forwards on Everest reinsurance 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.
• 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, Schedule P, and appointed actuary report. IFRS17 and FCT working knowledge are a plus.
• 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, strong capability is a preferred.
• 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.

Type:

Regular

Time Type:

Full time

Primary Location:

Toronto - Insurance Canada

Additional Locations:

Everest Canada. Privacy Notice | Everest (everestglobal.com)