Title:
Senior Actuary (Director level): P&C Reinsurance Pricing
Company:
Everest Global Services, Inc.
Job Category:
Analytics
Job Description:
It’s an exciting time for Everest Re Group, Ltd. (“Everest”)! As we continue on our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets.
Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Bermuda, Canada, Europe, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people.
At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including:
- Generous tuition/continuing education reimbursement
- Mentoring opportunities
- Flexible work arrangements
- Talent development initiatives
- Networking groups
Everest is a growth company with $14 Billion of Gross Written Premium offering Property, Casualty and specialty products among others, through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service and customized solutions. Our insurance arm draws upon impressive global resources and financial strength to tailor each policy to meet the individual needs of our customers.
Our financial strength is evident in Financial Agency Ratings of: A+
A. M. Best, A+ S
&P Global and A1
Moody’s Investor Service. We are a market leader for our broad diversified income streams, strong underlying underwriting performance with reduced volatility and strong cash flow. We take pride in being known in the industry as nimble, entrepreneurial, and responsive.
Although we are currently in the North American market, we see great opportunity to expand our markets. To support this, we are currently looking for a Senior Actuary to work in our Facultative Actuarial Pricing department.
Responsibilities include but not limited to:
-
Price reinsurance and liaise with underwriting in support of our Facultative book of business.
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Perform profitability studies for actuarially sound planning and portfolio management and present results to senior management.
-
Perform rate adequacy reviews of the rates used in our facultative pricing tools.
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Perform rate monitoring studies.
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Perform trend studies and line of business studies and present results to senior management.
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Liaise with reinsurance treaty pricing for consistent pricing and best practices.
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Liaise with reserving and review reserve analyses for portfolio management.
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Work with management to produce presentations and reports to meet management, board, and strategy reporting needs
Qualifications, Education & Experience:
-
ACAS/FCAS preferred
-
Years of experience: 7+ in P&C actuarial pricing with 3+ within reinsurance pricing or commercial lines/large account pricing
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Emphasis on casualty a plus.
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Ideal candidate is a self-starter with an entrepreneurial spirit, strong business acumen, and excellent communications skills
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Able to work in dynamic and agile environment, especially through remote setting
-
Technical know-how including Excel, VBA, SQL, Python, etc. a plus.
#LI-Hybrid
For NYC Only:
The base salary range for this position is $150,000 - $200,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications, and work location.
Type:
Regular
Time Type:
Full time
Primary Location:
Stamford, CT
Additional Locations:
Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at
everestbenefits@everestre.com.