Senior Pricing Actuary, Reinsurance

Title:

Senior Pricing Actuary, Reinsurance

Company:

Everest Reinsurance Company (Singapore)

Job Category:

Analytics

Job Description:

About Everest:

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.

About the role:

Everest Reinsurance Company, a member of the Everest Re Group, Ltd. is looking for an Actuary to join our Singapore Branch.

Responsibilities include but not limited to:

• Price reinsurance treaties not limited to property, casualty and specialty lines within Asia Pacific and liaise with underwriters to support Singapore branch office

• Collaborate with underwriters on technical assessments to provide opinions on pricing outcomes and decisions

• Produce and communicate pricing memorandum appropriately aligned with internal guidelines to relevant stakeholders

• Conduct lines of business studies, profitability reviews and ad-hoc modeling work relevant to business needs

• Calibrate, review and update actuarial model assumptions and parameters to improve the relevance of pricing where necessary

• Work closely with global actuarial teams on projects, model improvement and development related to reinsurance pricing

• Provide guidance and training to junior colleagues on actuarial topics

• Collaborate with other actuaries, underwriters, and management to ensure pricing consistency and adherence to best practices

• Support other reinsurance pricing teams within Everest Re as needed

Qualifications, Education & Experience:

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or relevant field

• Fellow or Associate Status with a recognized actuarial society

• At least 6+ years of P&C reinsurance pricing experience

• Experience in project work and tool development

• Knowledge of IFRS, Solvency II and capital management is an advantage

Knowledge, Skills & Competencies:

• Strong proficiency in Microsoft Excel, programming skills is a plus

• Strong written and verbal communication skills with the ability to engage in constructive conversation and convey technical subjects to wider audience

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

• Ability to work independently but also a good team player

• Attention to details, proactive, exhibit sound actuarial judgement and is able to meet deadlines effectively

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:

Singapore

Additional Locations: