Actuarial Analyst II

Everest Re Group,; New York (NY); On-site; USD 80,000 - 110,000; Full time

Job summary

An established industry player is seeking an Actuarial Analyst II to join their reserving unit. This role involves performing reserve analyses, monitoring quarterly performance, and collaborating with various teams to identify trends and improve processes. The ideal candidate will have a strong background in property and casualty actuarial work, particularly in reserving, along with excellent Excel skills. This is a fantastic opportunity to contribute to a dynamic work environment where your expertise will shape the future of insurance analytics. If you're a detail-oriented self-starter looking to make an impact, this position 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 2 years in reserving.
• Strong Excel skills and familiarity with data automation initiatives.

Responsibilities

• Perform annual reserve reviews and communicate findings to management.
• Collaborate with various teams to identify loss trends and develop proposals.

Skills

P&C actuarial experience

Excel skills

Excel VBA

ResQ

Power BI

Python

R

SQL

communication skills

project management

Education

Bachelor's degree in Actuarial Science or related field

Tools

Excel

ResQ

Power BI

Python

R

SQL

Job description

Title: Actuarial Analyst II

Company: Everest Global Services, Inc.

Job Category: Analytics

Job Description: 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 Insurance 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, New York, or Philadelphia.

This position will analyze the Everest Insurance specialty 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. This position may supervise junior actuaries.

Responsibilities include but are not limited to:

• Perform annual reserve reviews as well as quarterly roll forwards on Everest Insurance 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.
• Review reinsurance ceded loss estimates and determine allocation of treaty costs amongst the various business segments.
• 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 and Schedule P.
• 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 a plus.
• 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.

For NY Only: The base salary range for this position is $80,000 - $110,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location.

Type: Regular

Time Type: Full time

Primary Location: Warren, NJ

Additional Locations: New York, NY, Philadelphia, PA