Actuary

Posted 8 Hours Ago
Be an Early Applicant
Warren, NJ
5-7 Years Experience
Insurance
The Role
The Actuary at Everest will focus on the Accident and Health line, collaborating with underwriting and management teams to expand product offerings, evaluate new business opportunities, and support budgeting processes. Responsibilities include conducting experience studies, assisting in maintaining actuarial datasets, and developing rating tools.
Summary Generated by Built In

Title:

Actuary

Company:

Everest Reinsurance Company

Job Category:

Analytics

Job Description:

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 Accident & Health is a leader in the market with solutions across various Accident and Health segments. The product line covers Participant Accidents, Business Travel Accident, Corporate Accident, supplemental health, Occupational Accident, Medical Stop Loss, Professional Sports Disability etc.

This actuarial role is primarily focused on the accident line. It is based in the Warren, NJ or Philadelphia, PA on a hybrid work schedule (3 days in office/2 days remote) and reports to the A&H Vice President, Actuary

Role & Responsibilities (include but not limited to): 

  • Collaborate with the Underwriting team and other areas of Accident & Health (Marketing, IT, etc.) to support the ongoing expansion of A&H product offerings and rating/pricing tools.

  • Work with A&H management team to evaluate new business opportunities.

  • Perform portfolio-level experience study.

  • Support the annual budgeting process. 

  • Assist in the preparation of the actuarial datasets and maintenance of the database.

  • Rater development

  • Work with the external consultant on A&H filing-related matters.

Qualifications

  • 6+ years of working experience in the Accident & Health line, pricing experience is preferred.

  • Major medical or medical stop-loss experience is a plus but not a must. 

  • ASA preferred

  • SQL database experience is preferred

  • Strong analytical skills with the ability to provide clear and concise verbal and written communications of analyses, results, and work products.

  • Bachelor’s or master’s degree in Actuarial Science, Statistics, Mathematics, Economics, or a similar technical discipline.

Knowledge, Skills & Competencies:

  • Proficiency in Microsoft Excel, SQL.

  • Strong interpersonal skills and the ability to work well in team environment 

  • Good or developing written and oral communication skills; ability to explain their work in non-technical terms 

  • Ability to organize and prioritize multiple tasks.

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 an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.

  • Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.
 

#LI-Hybrid

#LI-CK1

Type:

Regular

Time Type:

Full time

Primary Location:

Warren, NJ

Additional Locations:

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

SQL
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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