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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:

Consistent with Everest Group and External, regulatory, requirements, lead the definition of standards and frameworks, the development and continuous improvement of pricing capabilities (models, data sources, processes, systems, MI) to enable superior underwriting risk selections across all Everest International Classes of business and geographies.

To support performance management and key decisions, leverage and continuously improve MI in relation to planning, reinsurance purchase, underwriting appetite and risk management.

This position will be based in our London office with a hybrid schedule of working two days remote each week.

Role & Responsibilities (include but not limited to):

Rate Adequacy

• Support development our rate adequacy measures and frameworks

• Support to produce hurdle combined ratios at the level needed for the running of the International business, including expense and capital allocations as necessary

• Support to embed the rate adequacy frameworks within company, systems and UW process

• Help on providing necessary trainings on rate adequacy frameworks

• Present results to senior management

Portfolio Reviews

• Support portfolio performance and review packs on a periodic basis, and contribute to portfolio review discussions including data preparation, analysis and preparation of presentations

• Work with teams to carry out deep dives as needed into portfolio profitability

• Present results to senior management

MI and Reporting

• Periodic price monitoring (RARC) reporting

• Rate adequacy reporting

• Work closely with Pricing, Reserving, Underwriting, Ceded, Risk, Claims and Finance teams to pull together portfolio and performance measures, reports and MI to inform business decisions

Additional responsibilities:

• Work with pricing, reserving to support pricing calibration and planning assumptions

• Support on queries on International business adequacy form within International, Group or externally as appropriate

• Support actuarial projects to improve data, processes, systems

Qualifications:

• Bachelor’s degree in actuarial science, Mathematics, Statistics, or similar

• Qualified or nearly qualified actuary

• Proven  working experience in actuarial, pricing experience is preferred.

Knowledge, Skills & Competencies:

• Proficient in Excel, Access, VBA, SQL (with either R or Python skills desirable)

• Strong technical and analytical skills

• Strong communication and collaboration skills

• Proven ability to operate effectively at all levels and gain the trust and confidence of colleagues and senior management

• Ability to work across teams and regions

• Ability to take ownership and work under own initiatives

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 here 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.  

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