Senior Actuarial Analyst

Who we are:

Everest is a leading global Reinsurance and Insurance organisation with extensive product and distribution capabilities, a strong balance sheet and an innovative culture. Throughout our history, Everest has maintained its discipline and focus on creating long term value through underwriting excellence and strong risk and capital Management.

Everest Insurance International Wholesale & Specialty (IW&S) is part of a global group. IW&S consists of Everest Syndicate 2786, Everest Insurance (Ireland) DAC (EIID), and Everest Insurance Singapore (EIS).

It is an exciting time and an excellent opportunity to join IW&S as the business focuses on investing and growing its wholesale and specialty book, investing in teams and systems under a global strategy. The Actuarial Function is instrumental in supporting and influencing the business and longer‑term ambitions, with significant investment and wider Group collaboration in establishing a best‑in‑class actuarial set up.

The way IW&S is structured provides ample opportunity to make a tangible impact on the day‑to‑day and future direction of the actuarial department, and personally play a critical role in its strategy, establishing and growing the IW&S actuarial capabilities and business partnering.

To help support and drive forward BAU and project initiatives, working collaboratively with other members of actuarial, finance, claims and underwriting teams. The role will have a broad remit across legal entities, actuarial disciplines, and quarterly reserving as well as project work and tools development.

The candidate will have responsibility for owning key aspects of the quarterly reserving process, stakeholder management, syndicate reporting, inputs/validation to capital setting and working with the Actuarial Management team on analysis to generate and support reserving results and performance insights.

The successful candidate will work with autonomy in a supportive and encouraging environment. This will be suitable for someone who is entrepreneurial and is looking to be empowered to take on ownership, make a tangible impact with the business and who enjoys collaborating with others. This is a great opportunity for personal growth and development!

• Production of syndicate deliverables and development of wider IW&S actuarial capabilities.
• Quarterly reviews of reserves in respect of business written across international platforms including support setting of key actuarial assumptions and methods for both GAAP and SII purposes and reporting of results to key internal stakeholders, auditors, Group, Lloyd’s and PRA.
• Contribute to reserving and capital discussions with underwriting, pricing, claims, finance and reinsurance to improve underwriting results.
• Contribute to actuarial analysis which supports the business planning process and communicate the results to internal and external stakeholders.
• Undertake regular portfolio analysis of classes and inputs to the performance board.
• Collaborate with pricing actuary’s and underwriters for sharing information, influencing and to support actuarial assumptions used.
• Ensure compliance with all regulatory requirements.
• Develop tools and outputs to leverage reserving data to inform underwriting performance. Deliver insights and valuable MI to key stakeholders and senior management to ensure it is at the forefront of the industry and maintain commercial advantage.
• Support the production of the actuarial function component reports
• Develop and comply with appropriate controls over model inputs, parameters, judgements and outputs.

• As IW&S continues to grow and evolve, the successful applicant will be heavily involved in the wider actuarial team’s journey and evolution to deliver quality tools and insights, which include:

• Identifying, planning and leading the execution of future enhancements to the reserving and capital modelling tools, approaches and add‑value proposition.
• Modelling and coordinating inputs to parameter updates.
• Business partnering (product, portfolio reviews, entity forums), underpinned by clear, commercial MI insights.

• This role will be highly visible and integrated as…