Senior Actuary

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Who we are:

Everest is a leading global Reinsurance and Insurance organisation with extensive product and distribution capabilities, a strong balance sheet and an innovative culture. Throughout our history, Everest has maintained its discipline and focus on creating long term value through underwriting excellence and strong risk and capital Management. 

Why join:

Everest Insurance International Wholesale & Specialty (IW&S) is part of a global group. IW&S consists of Everest Syndicate 2786, Everest Insurance (Ireland) DAC (EIID), and Everest Insurance Singapore (EIS).   

It is an exciting time and an excellent opportunity to be joining IW&S as the business focuses on investing and growing its wholesale and specialty book, investing in teams and systems under a global strategy. The Actuarial Function is instrumental in supporting and influencing the business and longer-term ambitions, with significant investment and wider Group collaboration in establishing a best-in-class actuarial set up.

The way IW&S is structured provides ample opportunity to make a tangible impact on the day-to-day and future direction of the actuarial department, and personally play a critical role in its strategy, establishing and growing the IW&S actuarial capabilities and business partnering.

Role purpose:

As part of the Everest Insurance journey, we fully in-housed the syndicate managing agent in 2025. The Senior Capital Actuary role is to support the Head of Capital in establishing the capital modelling team and its capabilities, ensuring all governance and regulatory requirements are managed and met.

As a key member of this new team in Everest, the role will provide the opportunity to help shape the culture and processes of the team, and to collaborate with and learn from the wider actuarial team in IW&S.  It will also involve training and guiding a junior capital analyst to learn best practices.

Initially, the team’s focus was on moving the existing internal model in-house.  Now this is complete, there will be a period of development to ensure the model fulfils the specific needs of Syndicate 2786 and any developing external requirements.  This will be an exciting period to work in the team as we set ourselves up for a successful future.

The successful candidate will have significant experience working with Internal Models in Lloyd’s and be familiar with all the key external deliverables to satisfy Lloyd’s and the PRA’s requirement.

Key Accountabilities:

• Become subject matter expert for syndicate internal model.

• Produce internal and external reporting from internal model.

• Analyse and communicate model results to ensure robust understanding of outputs and transparency to all stakeholders.

• Facilitate parameterisation of model using expert judgement from other Everest departments.

• Support internal and external validation of internal model.

• Collaborate with reinsurance department to support RI purchasing.

• Liaise with underwriting and pricing to support capital allocation for pricing new business.

• Develop clear and relevant MI reporting tools.

• Run scenarios and stress tests to support business decision making.

• Support the Syndicate Chief Actuary in producing the actuarial function report.

• Apply appropriate controls over model inputs, parameters, judgments and outputs.

• Collaborating with pricing, reserving and exposure management to ensure synergies across processes and teams, supporting efficiency, cross-learning and increased capacity for add-value tasks.

• Key stakeholders include risk, finance, group capital management, Lloyd’s, external validator, actuarial, Syndicate Board and senior management.

• This role will be integrated as part of the wider actuarial team, with opportunity to collaborate, learn and contribute across the functions and business.

What if I don’t 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 doesn’t 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. 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. Inclusion and Belonging.
• 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. 

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