Senior Pricing Analyst | London, UK

Everest Insurance; London; Hybrid; GBP 45,000 - 75,000

Job description

Senior Pricing Analyst

Everest Insurance London, United Kingdom

Title:
Senior Pricing Analyst

Company:
Everest Advisors (UK), Ltd.

Job Category:
Analytics

About Everest:
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.

About the Role:
We have an exciting opportunity for a Senior Pricing Analyst to join the Everest International Pricing Team supporting our Underwriters across International Liability and Industrial Practices (Healthcare, Life Science, Technology) with the opportunity to support other classes when needed. This role will be supporting all teams across all geographies within the International Division.

We'd love to hear from you if you are taking exams and/or close to being qualified, and have gained relevant experience working in a (re)insurance environment coupled with excellent attention to detail, good organisational and communication skills, and a logical and analytical mindset.

This role will be based from our London office and has a hybrid schedule of working two days remotely each week.

Role & Responsibilities (include but not limited to):

• Pricing of complex contracts focusing on International Liability and Industrial Practices (Healthcare, Life Science, Technology).
• Participate in broker and client visits and renewal meetings.
• Development and maintenance of actuarial models, systems and processes.
• Development of technical pricing tools and regular updates of pricing assumptions.
• Closely collaborate with Underwriters on technical assessment and exposure analysis for different classes of business.
• Explaining technical actuarial modelling results to underwriters and providing training.
• Analysis of portfolios to highlight profitability and their drivers.
• Ongoing monitoring of premiums, commissions, exposure, and claims activity and emerging trends.
• Ensure data used for pricing and monitoring is complete, accurate, adequate and timely.
• Contribute to the development of streamlined and efficient pricing processes.
• Collaborate, present and share knowledge with the wider Actuarial team on pricing approaches.
• Keep abreast of industry initiatives and develop new pricing/visualization techniques and best practice.

Qualifications:

• Bachelor's Degree in Actuarial Science, Mathematics, Statistics or Related area.
• Evidence of good progress towards an actuarial qualification, preferably with experience of Non-Life Insurance and/or Reinsurance Pricing in a London Market / commercial lines insurance company, MGA, or consultancy.

Knowledge, Skills & Competencies:

• Demonstrate good knowledge of actuarial pricing concepts and methodologies.
• Strong mathematical and analytical skills with great attention to detail.
• Ability to build strong working relationships with peers, management and different business functions.
• Proficient in Excel, Access, VBA, SQL (with either R or Python skills desirable) and an ability to create pricing tools to support day to day underwriting workflow.
• Ability to work under own initiative and show flexibility to meet business needs.
• Excellent written and verbal communication skills. European language skills welcomed.
• Ability to collaborate across teams and regions through regular communication with colleagues in other locations.

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.

• 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. Diversity, Equity and Inclusion.
• 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:
London

Additional Locations:

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