Portfolio Management Actuary
Posted 1 day ago by Dormont Manufacturing Co
Title: Portfolio Management Actuary
Company: Everest Advisors (Uk), Ltd.
Job Category: Analytics
Job Description:
About Everest: Everest is a global leader in risk management with 50+ years of heritage, focused on disciplined capital allocation and long-term value creation for stakeholders. We are committed to responsible risk taking, growth, and positive impact on communities and the wider world.
About the Role: Everest International GWS is the International general insurance operating division of Everest Group, with around $1.5 billion of premium. The division covers London Wholesale and FAC with lines spanning Property, Casualty, Financial Lines, Marine, Energy, Aviation, Industry Practices, Credit and Political Risks and A&H. This role is based in London and sits in the International Portfolio & Performance Management team, collaborating daily with underwriting, actuarial, and senior stakeholders across multiple regions and lines.
Role Purpose: To support performance management and key decisions by leveraging and improving MI related to profit optimization, planning, reinsurance purchase, underwriting appetite and risk management.
Key AccountabilitiesPortfolio Reviews
Support portfolio performance and review packs on a periodic basis, including data preparation, analysis and presentation preparation; work with teams to carry out deep dives into portfolio profitability; present results to senior management.
Performance Board
Support the Head of Portfolio and Performance Management to run the Performance Board, including setting agenda, providing insights, and collating and presenting packs.
Rate Adequacy
Support development of rate adequacy measures and frameworks; produce hurdle combined ratios for international business, including expense and capital allocations; embed rate adequacy frameworks within company systems and underwriting processes; provide trainings; present results to senior management.
MI and Reporting
Periodic price monitoring (RARC) reporting; rate adequacy reporting; collaborate with Pricing, Reserving, Underwriting, Ceded, Claims, Finance and Exposure Management to pull portfolio and performance metrics, reports and MI for informed business decisions.
Others
Support pricing calibration and planning assumptions with Pricing and Reserving; handle queries on International business; support actuarial projects to improve data, processes, and systems.
Bachelor's degree in actuarial science, Mathematics, Statistics, or similar
Qualified or nearly qualified actuary
5+ years of actuarial or pricing experience preferred
Proficient in Excel, Access, VBA, SQL (R or Python desirable)
Strong technical and analytical skills
Strong communication and collaboration skills
Ability to operate effectively at all levels and gain trust of colleagues and senior management
Ability to work across teams and regions
Ability to take ownership and work under own initiatives
What if I don't meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. If you are excited about this role but your past experience doesn't align perfectly with every element in the job description, we still encourage you to apply. Please let us know if you need any accommodations throughout the application or interview process.
Our CultureAt Everest, our purpose is to provide protection and help clients and businesses thrive. We pride ourselves on an inclusive culture driven by values and behaviors. Our values include Talent, thoughtful risk, execution, efficiency, humility, leadership, collaboration, inclusion and belonging. Our colleague behaviors include Respect everyone, Pursue better, Lead by example, Own our outcomes, Win together. All colleagues are accountable to uphold our values and behaviors across the company and in day-to-day interactions.
Type: Regular
Time Type: Full time
Primary Location: London
Additional Locations: Privacy Notice Everest ()