
Actuarial Analyst
6 days ago
Title:
Actuarial Analyst
Company:
Everest Advisors (Uk), Ltd.
Job Category:
Analytics
**Job Description**:
Who are we?
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?
We have an exciting opportunity for a Pricing Analyst to join the Everest International Pricing Team, report to the Senior Pricing Actuary, Everest International Insurance. The role holder will support our Underwriters across all Classes of Business, including but not limited to Property, Financial Lines, Medical Malpractice and Liability. This role will be supporting the Singapore underwriting in particular as well as other teams across all geographies within the International Division.
We’d love to hear from you if you have recently graduated from university and are taking exams, and have gained relevant experience working in a (re)insurance environment coupled with excellent attention to detail, good organisational and communication skills, and a logical and analytical mindset.
This position will be based in our Singapore office with a hybrid schedule of working two days remote each week.
Key responsibilities:
- Pricing of complex contracts across multiple lines of business- Participate in broker and client visits and renewal meetings- Closely collaborate with Underwriters on technical assessment and exposure analysis for different classes of business- Ongoing monitoring of premiums, commissions, exposure, and claims activity and emerging trends- Development of technical pricing tools and regular updates of pricing assumptions- 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- 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- Ensure data used for pricing and monitoring is complete, accurate, adequate and timely
Skills & experience:
- Bachelor's Degree in Actuarial Science, Mathematics, Statistics or Related area- Experience in non-life insurance, commercial lines insurance company, MGA, or consultancy- Evidence of good progress towards an actuarial qualification- Demonstrate good knowledge of actuarial pricing concepts and methodologies- 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- Ability to work under own initiative and show flexibility to meet business needs- Excellent written and verbal communication skills. European language skills welcomed- Ability to collaborate across teams and regions through regular communication with colleagues in other locations
Competencies:
- The role holder will be required to embrace the Everest Core Values: Collaboration, Thoughtful Assumption of Risk, Execution, Humility and Leadership- The Everest Core Values are the foundation upon which we (a) conduct our work, and (b) conduct ourselves both internally with our colleagues, and externally with clients/customers- The Company's success and that of our employees begins with these values. All employees are expected to support and exhibit these values in their interactions with others and through their day-to-day responsibilities
Type:
Regular
Time Type:
Full time
Primary Location:
Singapore Insurance
Additional Locations:
-
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