Actuarial Analyst II

Actuarial Analyst IICompany:

Everest Advisors (Uk), Ltd.

Job Category:

Analytics

Job Description:

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* 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.
At Everest, we believe that our future is determined by the actions we take today. Actions that go beyond business strategy and encompass the values important to our employees and the communities in which we operate. Everest’s value commitments include: providing an inclusive work environment that offers employees the opportunity to further their development, supporting our communities through the donation of time and financial resources, maintaining our integrity across all aspects of the group, and being an industry innovator to solve global complex risks.
** 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 be joining IW&S as the business focuses on developing 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.
** Role

Purpose:

** As a key member of the actuarial function for the Everest Syndicate, you will be required to help support and drive forward BAU and project initiatives, working collaboratively with other members of the actuarial  addition to playing a key role in enhancing the team’s capabilities, the candidate will have responsibility for owning key aspects of the Actuarial team’s quarterly reserving processes, stakeholder management, business reporting and working with the Actuarial Management team on analysis to generate and support Company 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.
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* Key Accountabilities:

*** Ownership of key processes for the Quarterly reserving for GAAP and Solvency II Technical provisions
* Support setting key actuarial assumptions and methods.
* Support reporting of results to key stakeholders, Group, Lloyd’s and other regulators.
* Contribute to reserving discussions with underwriting, actuarial, 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.
* Ensure compliance with all regulatory requirements.
* Develop tools and outputs to leverage actuarial data in-order to improve underwriting performance and deliver insights and valuable MI to key stakeholders and senior management.
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