Actuarial Analyst I
Job Summary
Title:
Actuarial Analyst ICompany:
Everest Reinsurance Company (Singapore)Job Category:
AnalyticsJob Description:
Everest is a global leader in risk management rooted in a rich 50 year heritage of enabling businesses to survive and thrive and economies to function and flourish. We are underwriters of risk growth progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders who care deeply about our impact on communities and the wider world.
The Actuarial Analyst will form a critical part of the International Reinsurance Reserving team helping to enhance and develop its foundations and capabilities.
The role will require an individual with strong actuarial analytical and communication skills. It will require interaction with multiple other functional areas including underwriting finance compliance claims pricing and senior management.
Role reports to the Singapore Reserving Manager.
Responsibilities:
Support the Singapore reinsurance reserving team in preparing detailed reserve adequacy studies in support of business underwritten across APAC with potential support for other International locations (e.g UK Ireland Middle East & Africa Latin America & Brazil)
Assist in quarterly closing tasks; validation of plan ELR amounts actuarial versus expected and roll forward analysis
Assist in IFRS 17 best estimate liability annual calculations and local statutory reporting.
Explore and develop new reserving approaches and methodologies
Participate in group wide projects to help improve reserving processes
Ensure collaboration with Pricing Actuarial Underwriting Claims and Financial Services
Timely delivery and communication of results
Professional Experience:
Student Actuary of the Institute and Faculty of Actuaries (FIA) or similar
Bachelors degree or higher in Maths Accounting Economics Statistics Business or a similar field
Recent graduate with preferably some initial P&C actuarial experience
Knowledge and experience of GI reserving and (ideally) reinsurance is an advantage
Skills & Abilities:
Strong Excel skills are mandatory. Excel VBA SQL Python etc. is a plus.
Familiarity with ResQ is a plus.
Good organisational skills and a strong attention to detail
Strong written and verbal interpersonal and communication skills.
Ability to work well in a team environment as well as independently
A flexible and enthusiastic approach to work with a strong appetite to network learn and develop.
Able to work in dynamic and agile environment especially through remote setting
Competencies:
The role holder will be required to embrace the Everest Core Values: Collaboration Thoughtful Assumption of Risk Execution Humility and Leadership
The Everest Core Values are the foundation upon which we (a) conduct our work and (b) conduct ourselves both internally with our colleagues and externally with clients/customers
The Companys success and that of our employees begins with these values. All employees are expected to support and exhibit these values in their interactions with others and through their day-to-day responsibilities
What if I dont meet every requirement At Everest we are dedicated to building an inclusive and authentic workplace. So if you are excited about this role but your past experience doesnt align perfectly with every element in the job description we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.
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. Clickhereto learn more about our culture.
- Our Valuesare 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. Inclusion and Belonging.
- Our Colleague Behaviorsdefine 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.
Type:
RegularTime Type:
Full timePrimary Location:
SingaporeAdditional Locations:
Required Experience:
IC
About Company
At Everest, we underwrite opportunity for all stakeholders with protection and peace of mind in an increasingly complex and uncertain world.