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 everestbenefits@everestglobal.com.
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