Actuarial Analyst / Toronto

Title:

Actuarial Analyst / Toronto

Company:

Everest Reinsurance Company (Canada)

Job Category:

Analytics

Job Description:

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.

Job Summary

The Canadian Actuarial Department of Everest Reinsurance Company, a member of the Everest Re Group, Ltd. is looking for an Actuarial Analyst I to join our Toronto branch. This position will primarily provide pricing support for the Canada Treaty and Hybrid portfolios. This position will also support the Canadian Appointed Actuary in financial and regulatory filings and will work closely with all functional areas of the business.

Responsibilities Include but Not Limited To:

• Price reinsurance treaties and liaise with Underwriting in support of our Canada Treaty and Hybrid portfolios, covering Property, Casualty, Professional Liability, Crop and Surety lines of business.

• Support profitability study and line of business benchmark study.

• Support Canadian Appointed Actuary in quarterly IFRS17 financial filings and OSFI statutory work (AA Report, Internal Target, FCT).

• Provide ad hoc support to other functions of the Canadian Actuarial department including capital modeling and data and analytics.

• Provide ad hoc support to other reinsurance pricing teams globally during busy renewal season.

• Develop streamlined and efficient processes and perform data exploration as needed.

• Participate in client visits, broker meetings and marketing events as requested.

Qualifications, Education & Experience:

• Bachelor's Degree in Actuarial Science, Mathematics, Statistics or related area.

• Actively taking exams and working towards ACAS/FCAS.

• Years of experience: 0-2 years in P&C actuarial pricing. Reinsurance pricing or commercial lines/large account pricing preferred.

Knowledge, Skills & Competencies:

• Ideal candidate is a self-starter with an entrepreneurial spirit, strong business acumen, excellent time management and communications skills.

• Able to articulate actuarial/mathematical conclusions in a clear and concise manner to all audiences.

• Able to work in dynamic and agile environment, especially through hybrid setting.

• Technical know-how, including Excel, VBA, SQL, Python, etc., is a plus.

• Strong mathematical and analytical skills with great attention to detail.

• Able to build strong working relationships with peers, management and different business functions.

• Able to collaborate across teams and regions through regular communication with colleagues in other locations.

• Flexible and responsive to dynamic business needs including tight turnaround times.

#LI-Hybrid

#LI-RS1

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. 

Type:

Regular

Time Type:

Full time

Primary Location:

Toronto - Reinsurance Canada

Additional Locations:

Everest Canada. Privacy Notice | Everest (everestglobal.com)