Actuarial Analyst

Everest Limited; City of Westminster; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A global risk management leader in London is seeking an Actuarial Analyst. The role supports the UK P&C reinsurance reserving team and involves preparing detailed reserve studies and collaborating with various teams. Candidates should have relevant actuarial qualifications, strong Excel skills, and an eagerness to learn. This position offers a hybrid work model, enhancing work-life balance.

Qualifications

• Nearly a Fellow of the Institute and Faculty of Actuaries (FIA) or equivalent.
• P&C actuarial experience with solid knowledge of general insurance reserving.
• Comfortable working in dynamic and agile environments.

Responsibilities

• Support the UK P&C reinsurance reserving team in preparing reserve studies.
• Assist with quarterly closing tasks and validate plan ELRs.
• Collaborate with other teams to improve reserving processes.

Skills

Excel

Communication

Organization

Actuarial knowledge

Education

Bachelor's degree in a related field

Tools

Excel VBA

SQL

Python

ResQ

Job description

Overview

Actuarial Analyst role with Everest Advisors (UK), Ltd. based in London with a hybrid schedule and remote work option (two days remote per week).

Role & Responsibilities

• You will support the UK P&C reinsurance reserving team by preparing detailed reserve adequacy studies.
• Assist with quarterly closing tasks, including validating plan ELRs, performing actuarial versus expected analysis, and conducting roll-forward analysis.
• Explore and develop new reserving approaches and methodologies.
• Participate in group-wide projects aimed at improving reserving processes.
• Collaborate closely with Pricing Actuarial, Underwriting, Claims, and Financial Services.
• Work alongside the Head of International Reinsurance Reserving to ensure consistency and alignment with global reserving best practices.
• Ensure timely delivery and clear communication of results.

Qualifications

• Nearly a Fellow of the Institute and Faculty of Actuaries (FIA) or hold an equivalent designation.
• Bachelor’s degree or higher in Maths, Accounting, Economics, Statistics, Business, or a related field.
• P&C actuarial experience with solid knowledge of general insurance reserving and ideally reinsurance.
• Strong Excel skills; proficiency in Excel VBA, SQL, Python, or similar tools is a plus.
• Familiarity with ResQ, or willingness to learn it.
• Highly organized with strong attention to detail.
• Clear written and verbal communication; able to work independently and in a team.
• Flexible, enthusiastic, with a strong appetite to network, learn, and grow.
• Comfortable working in a dynamic, agile environment, including remote settings.

Additional Information

What if I don\'t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. 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 applications.

About Everest: Everest is a global leader in risk management with a 50+ year heritage. We are underwriters of risk, growth, progress and opportunity, with a global team focused on disciplined capital allocation and long-term value creation. This position will be based in our London office with a hybrid schedule.

Our Culture: Our purpose is to provide the world with protection and to create sustainable value for colleagues, shareholders and communities. We foster an inclusive culture guided by values and behaviours including Talent, Thoughtful risk, Execution, Efficiency, Humility, Leadership, Collaboration, Inclusion and Belonging. We operate with respect for everyone, pursue better outcomes, lead by example, and own our outcomes.