Actuarial Analyst I

Everest Re Group - Warren, NJ

Full-time - Entry Level

Warren, NJ

Insurance Carriers and Related Activities

About the position

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: Everest's Group Actuarial Practice and Analytics team has an opening for an Actuarial Analyst I as the team expands its Actuarial Independent Analysis (AIA) remit. This team, part of Enterprise Risk Management, acts as a critical challenge function for key parameters and core analyses performed by various actuarial areas in the firm. The challenge function aims to establish a point of view by going beyond typical data sources for a more robust set of indications. In addition, the Group Actuarial Practice and Analytics team has built a suite of analytical tools that use internal data to compute useful metrics and provide quantitative insights for both insurance and reinsurance.

Responsibilities

• Assist in identifying and analyzing relevant external data sources to challenge, compare, and contrast internal assessments of key parameters and core analyses.
• Assist in researching, analyzing, and establishing a point of view on existing or new lines of business for Everest and further identifying pockets of potential profitability and/or pitfalls within a line.
• Use peer company data to supplement and complement findings.
• Use coding skills to help enhance existing Group data tools and analytics while learning the context around the insights the tool is generating.
• Help amass data from insurance and reinsurance teams for Groupwide reporting.

Requirements

• Bachelor's degree in mathematics, Actuarial Science, Statistics, or related area.
• At least one actuarial exam, with the committed pursuit of actuarial credentials like ACAS, FCAS, FIA, or similar.
• Proficiency in Excel and SQL is a must.
• Strong mathematical and analytical skills, strong organizational skills and attention to detail.
• Interest in building solid working relationships with peers, management and different business functions, collaborating across teams and regions, honing skills in both oral and written communication.
• A business-oriented focus (motivated, self-directed, organized, intellectually curious, and analytical).
• Flexible and responsive to dynamic business needs including tight turnaround times.

Nice-to-haves

• Power BI, Python, and/or R skills a plus.

Benefits

• Continuing education credits
• Generous tuition/continuing education reimbursement programs
• Mentoring opportunities
• Flexible work arrangements
• Colleague Resource Groups