Senior Actuarial Analyst

**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 (EII) is a fast-growing division of Everest Insurance and part of a global group. EII consists of Everest Insurance (Ireland) DAC (EIID), Everest Syndicate 2786, Everest Insurance Singapore, LatAm branches and on-going expansion.

It is an exciting time and an excellent opportunity to be joining EII during this expansion, which covers top line growth, products and increased geographies (across Europe, Asia & Pacific and LatAm). The Actuarial Function (Reserving and Capital) is instrumental in supporting this growth and longer-term ambitions, with on-going investment and wider Group collaboration in continuing to support a best-in-class actuarial set up and value-add proposition to the business.

This role will be highly visible to the Asia Pac business and involve regular interactions across a broad range of stakeholders as the day-to-day actuarial business partner and local regulatory key contact.

The way EII 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 influencing, establishing, and growing the EII actuarial capabilities.

As a key member of the actuarial team, you will be required to lead multiple deliverables, interactions and propose initiatives for future enhancements to drive forward.

**Key Accountabilities**:

- Quarterly reviews of reserves in respect of business written across international platforms
- Setting of key actuarial assumptions and methods for both GAAP
- Undertake regular portfolio analysis of classes, understanding business nuances and making use of appropriate local and wider Group benchmarks
- Manage and lead reserving co-ordination and discussions with underwriting, pricing, claims, finance and reinsurance to improve underwriting results
- Timely delivery and communication of results
- Continuously collaborate and improve analysis and MI across stakeholders to ensure it is at the forefront of the industry in-order to maintain commercial advantage
- Lead the external actuarial opinion engagement for year-end reporting
- Lead the EIS ORSA process for actuarial
- IFRS17 actuarial inputs and review of the EIS local reporting. Support the Chief Reserving Actuary in developing a strategic state IFRS17 reporting capability as part of the wider Group initiatives, making use of robust, automated datasets from the actuarial and Data Lake repositories.
- Develop and comply appropriate controls over model inputs, parameters, judgments and outputs
- As International continues to grow and evolve, the successful applicant will be heavily involved in the wider actuarial team’s journey and evolution to deliver quality tools and insights, which include:

- Identifying, planning and leading the execution of future enhancements to the reserving and capital modelling tools, approaches and add-value proposition
- Modelling and coordinating inputs to parameter updates
- Enhancing the monitoring, MI and communication of key risks
- Ensuring best practice and compliance with all applicable regulatory requirements
- Key stakeholders include finance, actuarial, claims, underwriting, pricing and senior management, group capital management, external audit and actuarial, MAS and APRA.
- This role will be highly visible and integrated as part of the wider actuarial team, with an emphasis to collaborate, learn and contribute across the functions and business.

**Professional Experience**:

- Qualified Fellow of the Institute and Faculty of Actuaries (FIA) or similar
- Bachelor’s degree or higher in Maths, Accounting, Economics, Statistics, Business or a similar field
- In-depth P&C knowledge and experience of GI reserving and capital modelling approaches

**Skills & Abilities**
- Detailed knowledge of European and APAC market practices, modelling and datasets to support best in class developments and collaboration within the EII actuarial centre of excellence
- Excellent IT skills, MS Excel, SQL, Power BI and ResQ
- Strong reserve and reserve risk modelling
- In-depth standard formula modelling expertise (Singapore and EIOPA)
- Proven experience and success of actuarial transformation project delivery
- IFR17 knowledge and project delivery
- Excellent organisational skills and a strong attention to detail
- Ability to simply communicate modelling process and results with internal and external stakeholders, both verbally and through reports or presentations
- Curious mind and self-starter. A flexible and enthusiastic approach to work with a strong appetite to network, learn and devel