Senior Actuarial Analyst

  • Dublin
  • Everest Insurance (ireland), Dac
Description :Who are we? As one of the leading global reinsurance and insurance providers, Everest continues to grow throughout Europe and the rest of the world. As an organisation we maintain discipline and focus on creating long-term value through underwriting excellence and strong risk and capital management. But in everything we do, the most valued asset are our people. SummaryEverest Insurance International (EII) is a fast-growing division of Everest Insurance and part of a global group. EII consists of Everest Insurance (Ireland) DAC (EIID), Everest Syndicate 2786, Everest Insurance Singapore, LatAm branches and on-going expansion. It is an exciting time and an excellent opportunity to be joining EII during this expansion, which covers top line growth, products and increased geographies (across Europe, Asia & Pacific and LatAm). The Actuarial Function (Reserving and Capital) is instrumental in supporting this growth and longer-term ambitions, with on-going investment and wider Group collaboration in continuing to support a best-in-class actuarial set up and value-add proposition to the business.This role will be highly visible to the European business and involve regular interactions across a broad range of stakeholders, as well as continual involvement across wider EII initiatives.The successful candidate will work with autonomy in a supportive and encouraging environment. This will be suitable to someone looking to be empowered to take on ownership, make a tangible impact with the business and who enjoys collaborating with others.The way EII is structured provides ample opportunity to make an impact on the day-to-day and future direction of the actuarial department, and personally play a critical role in influencing, establishing and growing the EII actuarial capabilities.As a key member of the actuarial team, you will be required to lead multiple deliverables, interactions and propose initiatives for future enhancements to drive forward.Key responsibilities:Quarterly reviews of reserves in respect of business written across international platformsSetting of key actuarial assumptions and methods for both GAAP & Solvency II TPsUndertake regular portfolio analysis of classes, understanding business nuances and making use of appropriate local and wider Group benchmarksManage and lead reserving co-ordination and discussions with underwriting, pricing, claims, finance and reinsurance to improve underwriting resultsQuarterly SCR and inputs to the ORSA stress and scenario testsTimely delivery and clear communication of resultsContinuously collaborate with stakeholders and improve analysis and MI to ensure it is at the forefront of the industry in-order to maintain commercial advantageSupport and lead on the external actuarial opinion and audit engagement for year-endDevelop and embed appropriate controls over model inputs, parameters, judgments and outputsAs International continues to grow and evolve, the successful applicant will be heavily involved in the wider actuarial team’s journey and evolution to deliver quality tools and insights, which include:Identifying, planning and leading the execution of future enhancements to the reserving and capital modelling tools, approaches and add-value propositionModelling and coordinating inputs to parameter updatesEnhancing the monitoring, MI and communication of key risksEnsuring best practice and compliance with all applicable regulatory requirementsKey stakeholders include finance, actuarial, claims, underwriting, risk, pricing and senior management, group capital management, external audit and actuarial, CBI, Lloyd’s and PRA.This role will be highly visible and integrated as part of the wider actuarial team, with an emphasis to collaborate, learn and contribute across the functions and business.Qualifications, Education & Experience:Nearly/Qualified Fellow of the SAI/IFoA or similarBachelor’s degree or higher in Maths, Engineering, Accounting, Economics, Statistics, Business or a similar fieldIn-depth P&C knowledge and experience of GI reservingKnowledge, Skills & CompetenciesDetailed knowledge of European market practices, modelling and datasets to support best in class developments and collaboration within the EII actuarial centre of excellenceExcellent IT skills, MS Excel, SQL, Power BI and ResQStrong reserve and reserve risk modellingStandard formula modelling experienceProven experience and success of actuarial transformation project deliveryExcellent organisational skills and a strong attention to detailAbility to simply communicate modelling process and results with internal and external stakeholders, both verbally and through reports or presentationsCurious mind and self-starter. A flexible and enthusiastic approach to work with a strong appetite to network, learn and developOur CultureAt 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 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.Type:RegularTime Type:Full timePrimary Location:Dublin, IrelandAdditional Locations: