Actuarial Analyst - Student Program

Posted 5 Days Ago
Be an Early Applicant
Warren, NJ
Junior
Insurance
The Role
The Actuarial Analyst - Student Program role involves supporting senior management with strategic information, maintaining models for loss ratio planning, collaborating across departments, and automating processes for efficiency. It offers actuarial students the chance to progress through exams and gain practical experience in various specialized areas including property and casualty insurance.
Summary Generated by Built In

Title:

Actuarial Analyst - Student Program

Company:

Everest Global Services, Inc.

Job Category:

Analytics

Job Description:

Everest is seeking early career actuarial students to join our team! We will provide the opportunity to develop your actuarial skills while having a visible and immediate impact on the organization’s performance. 

Key Responsibilities:

  • General Responsibilities:
    • Providing senior management with key strategic information for lines of business and/or business units
    • Maintenance of models and assumptions to support loss ratio planning process
    • Collaboration with Underwriting, Operations and Reserving Departments
    • Automation of existing processes to improve efficiency
    • Support internal presentations on lines of business and business units
  • Actuarial Development:
    • Utilize actuarial student program support in preparation for exams.
    • Progress through actuarial exams to achieve actuarial designation.
  • Specific to Property:
    • Align loss costs in pricing tool and ensure appropriate tool usage
    • Drive improvement in our view of both attritional and cat pricing and implement enhancements in the pricing tool
    • Monitor key portfolio metrics in conjunction with the Property leadership team
  • Specific to Programs:
    • Provide support to new and existing program analyses including rate change, price adequacy, action impact quantification, profitability analysis
  • Specific to Casualty:
    • Provide tool support and rate indications for assigned lines of business and business units
    • Support individual transactions as needed including technical price and rate change
  • Specific to Actuarial Reporting/Planning:
    • Production of monthly price monitoring report
    • Development and enhancement of dashboard reports to track loss emergence and profitability
    • Support the overall planning process and the tools underlying the departments efforts

Qualifications:

  • Everest does not provide visa sponsorship for this position. Successful candidates must possess the requisite permanent US employment authorization to be eligible for consideration
  • Seeking May 2024 - December 2024 graduates - Bachelor’s degree in Actuarial Science, Data Science, Mathematics, Engineering, Economics, Statistics, or other quantitative disciplines of similar rigor
  • Completion of 1 – 2 exams is preferred, internship experience is preferred
  • You enjoy fostering collaborative relationships
  • Flexible and responsive to dynamic business needs including tight turnaround times
  • Excel expertise as well as a preference for competency in at least one of the following: SQL, VBA, R, SAS, Python, or other coding language
  • Dynamic thinker, with attention to detail and willingness to take on a variety of projects and develop creative end-to-end solutions
  • Everest does not provide visa sponsorship for this position. Successful candidates must possess the requisite permanent US employment authorization to be eligible for consideration

Preferred Skills & Competencies:

  • Technical Proficiency: Strong technical skills, including advanced proficiency in Excel, VBA, R, SQL, or Python.
  • Communication: Excellent communication skills with the ability to convey complex information clearly and effectively.
  • Initiative: Self-starter with an entrepreneurial mindset and strong business acumen.
  • Adaptability: Ability to thrive in a dynamic, agile work environment, including hybrid work settings.

Why Join Everest?

  • Our Culture & Values: 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.
  • Innovative Environment: Be a part of a forward-thinking team that values innovation and continuous improvement.
  • Career Growth: Opportunities for professional development and career advancement in a growing industry.
  • Flexible Work Arrangements: Enjoy a hybrid work model that supports work-life balance.

Type:

Regular

Time Type:

Full time

Primary Location:

Warren, NJ

Additional Locations:

New York, NY, Philadelphia, PA

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. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at [email protected].

Everest U.S. Privacy Notice | Everest (everestglobal.com)

Top Skills

Python
R
SQL
VBA
The Company
HQ: Warren, NJ
3,485 Employees
On-site Workplace
Year Founded: 1973

What We Do

Everest Group, Ltd. (“Everest”) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest is in over 100 countries across 6 continents. We provide the world with protection, we underwrite more than risk, we underwrite opportunity.

Everest Group, Ltd. is listed on the New York Stock Exchange (NYSE: EG) and is a component of the S&P 500 index.

FINANCIAL STRENGTH RATINGS
A+ by A.M. Best
A+ by S&P
A1 by Moody's

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