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Everest

Everest

Senior Longtail Actuary

Senior Longtail Actuary

Job Details
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Uploaded On
January 14, 2025
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Location
London
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Remote?
No
Salary
$
k-$
k
Company Overview
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Headquarters
Hamilton, Bermuda
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Number of Employees
1947
Estimated Number of Actuaries
187
Glassdoor Ratings
""
Recommend to a Friend
68%
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Overall Score
3.9 / 5

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Title:

Senior Longtail Actuary

Company:

Everest Advisors (Uk), Ltd.

Job Category:

Analytics

Job Description:

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:

As part of Everest’s continued International expansion we are looking for a Senior Longtail Actuary to support Underwriting teams across all geographies (UK, Europe, Singapore, Australia and LATAM). This role requires strong communication and collaboration skills to build solid Business Partnerships between Actuarial and Underwriting.

The role 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):

  • Pricing of complex contracts with a focus on Long Tail classes of business, as well as ability to support across multiple other lines of business.

  • Development and enhancement of technical pricing tools and regular updates of pricing assumptions.

  • Lead pricing reviews and provide constructive recommendations to senior management.

  • Participate in broker and client visits and renewal meetings.

  • Closely collaborate with Underwriters on technical assessment and exposure analysis for different classes of business.

  • Contribute to the development of streamlined and efficient pricing processes.

  • Explaining technical actuarial modelling results to underwriters and providing training.

  • Analysis of portfolios to highlight profitability and their drivers.

  • Mentor and develop junior colleagues within the larger team.

  • Peer review pricing of other actuarial team members.

  • Development and maintenance of actuarial models, systems and processes.

  • Keep abreast of industry initiatives and develop new pricing/visualization techniques and best practice.

  • Collaborate, present and share knowledge with the wider Actuarial team on pricing approaches.

  • Develop a deep understanding of the classes, trends and underwriting strategy.

  • Take an active role in Everests actuarial community by leading and contributing to Group projects.

  • Ensure data used for pricing and monitoring is complete, accurate, adequate and timely.

Qualifications:

  • Qualified actuary, with experience of Non-Life Insurance and/or Reinsurance Pricing.

Knowledge, Skills & Competencies:

  • Demonstrable experience in Long Tail classes 

  • Expertise in actuarial pricing concepts and methodologies.

  • Knowledge of Reserving processes.

  • Strong mathematical and analytical skills with great attention to detail.

  • Ability to build strong working relationships with peers, management and different business functions.

  • Proficient in Excel, Access, VBA, SQL (with either R or Python skills desirable) and an ability to create pricing tools to support day to day underwriting workflow.

  • Proactive team player who has an interest in the development of more junior staff.

  • Ability to check the work of others to a high standard and provide appropriate feedback and coaching.

  • Ability to work under own initiative and show flexibility to meet business needs.

  • Excellent written and verbal communication skills.

  • Ability to collaborate across teams and regions through regular communication with colleagues in other locations.

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.  

Type:

Regular

Time Type:

Full time

Primary Location:

London

Additional Locations:

Apply Now

Working at 

Everest

Everest Insurance is a global specialty insurance company that provides insurance solutions to clients in various industries, including property and casualty, energy, marine, and more. The company is committed to offering innovative and customized solutions that meet the unique needs of its clients. With a strong emphasis on underwriting discipline, risk management, and customer service, Everest Insurance has built a reputation for providing quality insurance products and services that help clients manage their risk and protect their assets. As an employer, Everest Insurance is committed to creating a workplace culture that values collaboration, diversity, and inclusion. The company recognizes that its success is directly tied to the talent, creativity, and expertise of its employees and is committed to providing them with the tools and resources they need to succeed. Everest Insurance offers a wide range of career opportunities, including underwriting, claims management, risk management, finance, and more. The company offers competitive salaries, comprehensive benefits packages, and opportunities for professional development and growth. Employees are encouraged to take ownership of their careers and are provided with the resources and support they need to achieve their goals. Overall, Everest Insurance is a dynamic and innovative organization that offers a supportive and rewarding work environment, where employees can make a difference in the lives of their clients while achieving their own personal and professional goals. If you are passionate about the insurance industry and are looking for a challenging and rewarding career, Everest Insurance may be the right fit for you.

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