Actuarial Analyst

EVEREST REINSURANCE CO • Warren, NJ • 3d ago

Title:Actuarial AnalystCompany:Everest Global Services, Inc.Job Category:AnalyticsJob Description:Everest Global Services, Inc., a member of the Everest Re Group, Ltd., is currently seeking an Actuarial Analyst I in the reserving unit for the Everest Insurance portfolio. This position will perform reserve analyses, quarterly performance monitoring, as well as working on data and automation initiatives. Location can be in New Jersey, New York, or Philadelphia.For New York, New Jersey only: The base salary range for this position is $66,000 - $95,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location.This position will analyze the Everest Insurance specialty property & casualty (P&C) portfolio. It will also assist with planning and financial reporting, and will collaborate with Pricing Actuarial, Underwriting, Claims, and Financial Services. This position may supervise junior actuaries.Responsibilities include but are not limited to: Perform annual reserve reviews as well as quarterly roll forwards on Everest Insurance business. Prepare presentation material and communicate findings to management and other key stakeholders. Determine the selection of ELRs and prior year development results for various business segments during quarter close. Maintenance and support of files which produce the quarterly exhibits for quarterly reserve meetings. Interact with Finance, Claims and Underwriting to facilitate management and financial reporting. Collaborate closely with business division leaders, pricing actuarial, and claims to identify loss trends and emerging issues that could impact results and assist in developing proposals for corrective action in a timely manner. Review reinsurance ceded loss estimates and determine allocation of treaty costs amongst the various business segments. Help to further streamline and automate existing actuarial data flows and work processes. Assist in completion of year-end reporting - i.e. Short Duration, Global Triangles and Schedule P. Adherence to Sarbanes-Oxley process and procedures.Work Experience and Qualifications Minimum 5 years of P&C actuarial experience - reserving experience would be beneficial but not essential. Strong Excel skills are mandatory. Excel VBA experience is a plus. Familiarity with ResQ, Power BI, Python, R or SQL a plus. Strong written and verbal interpersonal and communication skills. Familiarity with project management and process redesign approaches is a plus Self-starter with the ability to work well in a team environment as well as independently. Highly organized, focused and detail oriented.Everest is committed to recruiting and retaining the most talented individuals in the industry. We offer a dynamic work environment and a competitive compensation and benefit package which includes a 401k plan, retirement/savings option, tuition reimbursement, medical, dental, vision, life, and group legal plans.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.Our Culture At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and a

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