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AVP – Actuarial

AVP – Actuarial

CompanyEverest
LocationBoston, MA, USA, Middlesex, NJ, USA, Hartford, CT, USA, New York, NY, USA, Atlanta, GA, USA
Salary$175000 – $225000
TypeFull-Time
DegreesBachelor’s
Experience LevelExpert or higher

Requirements

  • ACAS or FCAS with 10+ years of actuarial pricing and management experience, with a focus on Commercial Property pricing and product management
  • Strong proficiency in actuarial pricing tools and software, data analytics, and modeling techniques
  • Advanced knowledge of catastrophe risk modeling and pricing (e.g., RMS, AIR, or similar platforms)
  • Exceptional communication skills with the ability to present complex actuarial concepts to non-technical stakeholders
  • Ability to work in a fast-paced, dynamic environment, managing multiple priorities and deadlines
  • Proficient at working with large datasets and database software (e.g. SQL)

Responsibilities

  • Develop the next generation pricing plan for a spectrum of Everest Insurance Commercial Property offerings, based on geography (e.g. US, Canada, Europe, Asia) and buyer’s behavior (e.g. large account, middle market)
  • Provide analytical solutions and insights to internal partners (e.g. Underwriting) for optimal pricing and underwriting outcomes
  • Lead the review and analysis of rate change and profitability
  • Improve speed to market and efficiency of our pricing and analytical solutions through strong partnership with internal and external technology providers (e.g. insurtech)
  • Support the annual reinsurance purchase and planning processes
  • Manage a team of two to three actuaries and analysts
  • Collaborate with colleagues across functions (e.g. Reinsurance Pricing, Cat Modeling, Reserving) to promote shared knowledge
  • Advise on key pricing and portfolio management decisions, and influence business strategy based on data-driven insights
  • Provide other actuarial support as needed

Preferred Qualifications

  • Advanced degree in a quantitative discipline preferred, including but not limited to Actuarial Science, Mathematics, Statistics, or Computer Science
  • Strategic thinker with excellent problem-solving skills and the ability to translate data-driven insights into actionable business decisions
  • Familiarity with R and/or Python to develop advanced statistical models a plus