Actuarial Analyst (Reserving)

Everest Advisors (UK), Ltd.; London; On-site; GBP 45,000 - 65,000; Full time

Job summary

Everest Advisors (UK), Ltd. seeks an ambitious Actuarial Analyst to contribute to reserving processes and work collaboratively with finance teams. This role involves regulatory compliance, analysis, and enhancing the actuarial capabilities of the firm. Ideal for candidates progressing towards their actuarial credentials and looking for autonomy within a supportive environment.

Benefits

Dynamic training and professional development programs

Generous tuition reimbursement

Flexible work arrangements

Qualifications

• Making good progress towards actuarial qualification.
• Experience in GI reserving.
• Proven ability to work independently and collaboratively.

Responsibilities

• Own key aspects of the quarterly reserving process.
• Support setting of actuarial assumptions for GAAP and SII.
• Collaborate on mejorar uring performance and leverage reserving data.

Skills

Excellent IT skills

Strong technical experience

Model building experience

Organizational skills

Attention to detail

Communication skills

Education

Bachelor’s degree in Maths, Accounting, Economics, or similar

Tools

SQL

Power BI

MS Excel

ResQ

Job description

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About Everest:
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

About the Role:

A key member of the actuarial function, you will be required to help support and drive forward BAU and project initiatives, working collaboratively with other members of the actuarial and finance teams.

In addition to playing a key role in enhancing the team’s capabilities, the candidate will have responsibility for owning key aspects of the quarterly reserving process, stakeholder management, syndicate reporting and working with the Actuarial Management team on analysis to generate and support reserving results.

The role is broad with exposure to a wide network of business stakeholders and other actuarial functions, project development and quarter/off-quarter activities. The successful candidate will work with autonomy in a supportive and encouraging environment. This will be suitable to someone looking for a steep learning curve and being empowered to take on ownership and make an impact with the business.

Role & Responsibilities (include but not limited to):

Quarterly reviews of reserves in respect of business written across international platforms.

Support setting of key actuarial assumptions and methods for both GAAP and SII purposes.

Support reporting of results to key stakeholders, Group and into Lloyd’s.

Contribute to reserving and capital discussions with underwriting, pricing, claims, finance and reinsurance to improve underwriting results. Timely delivery and communication of results.

Contribute to actuarial analysis which supports the business planning process and communicate the results to internal and external stakeholders.

Work with pricing actuary’s, claims and underwriters for sharing information, influencing and to get buy-in on reserving assumptions used.

Ensure compliance with all regulatory requirements.

Collaborate and support the actuarial function in continually enhancing and developing the GAAP reserving and SII processes across the International platforms.

Develop tools and outputs to leverage reserving data in order to improve underwriting performance and deliver insights and valuable MI to key stakeholders and senior management.

Qualifications :

Making good progress towards actuarial qualification.

Bachelor’s degree or higher in Maths, Accounting, Economics, Statistics, Business or a similar field.

GI reserving experience.

Proven ability of working independently and collaborating with others.

Excellent IT skills, MS Excel, SQL, Power BI and ResQ.

Strong technical and model building experience.

Excellent organisational skills and a strong attention to detail.

Ability to simply communicate modelling process and results with internal and external stakeholders, both verbally and through reports or presentations.

A flexible and enthusiastic approach to work with a strong appetite to learn and develop.

Our Culture

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. Click to learn more about our culture.

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. Diversity, Equity and Inclusion.

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.