Senior Actuary

Title:

Senior Actuary Company:

Everest Advisors (Uk), Ltd.

Job Category:

Analytics

Job Description:

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. Why join:
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 focus 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.

Purpose of the role

To provide high-quality actuarial pricing insight to support underwriting of structured, multi-line and portfolio insurance solutions. The role focuses on rigorous deal-level pricing, portfolio impact assessment and ongoing performance monitoring, ensuring underwriting decisions are supported by robust analytics and aligned with overall portfolio profitability. Contribute and lead on certain aspects of the pricing transformation program to ensure raters, data enrichment, MI and insights are best in class.

Key responsibilities

Actuarial pricing & deal evaluation

Provide actuarial pricing analysis for new and renewal portfolio and structured deals, including delegated and follow-line business.

Assess expected profitability, volatility and capital impact of individual transactions and their interaction with the existing portfolio.

Provide clear, evidence-based pricing recommendations covering:
Risk selection, Contract structure, Coverage terms, Pricing adequacy Portfolio monitoring & performance analysis

Develop and maintain monitoring and tracking processes to assess:

Segment-level and portfolio-level profitability

Emerging trends and experience divergence

Rate adequacy and market movements

Support periodic portfolio reviews, producing objective, data-driven conclusions and recommendations for underwriting or strategic action.

Evaluate the impact of market conditions, rate change and underwriting behaviour on portfolio performance.

Actuarial control cycle & business planning

Maintain strong feedback loops between Pricing, Reserving, Capital modelling, Business planning

Input into business planning processes, including:

Loss ratio selections, Portfolio assumptions

Assessment of reinsurance structures and recoverability, where appropriate

Support exposure management by analysing accumulation, diversification and systemic risk drivers.

Business partnering & communication

Work closely with EPS underwriters to:

Understand deal intent and risk drivers

Translate actuarial outputs into practical underwriting insight

Communicate complex technical findings clearly to non-technical stakeholders.

Collaborate with data, systems and analytics teams to enhance Pricing tools , Data quality and Analytical output and automation

Participate in broker and client meetings

Identify opportunities to influence pricing strategy by utilizing portfolio datasets into rater…