Actuarial Rotational Development Program Intern

Title:

2027 Actuarial Rotational Development Program

Company:

Everest Global Services, Inc.

Job Category:

Operations

Job Description:

Launch your actuarial career with Everest Group, Ltd.!

We are seeking talented Associates to join our Actuarial Rotational Development Program.  This 24-month rotational program will provide technical training and professional development for individuals seeking an exciting actuarial opportunity.

Our Strength - Our People 

Everest is a global leader in risk management, insurance, and reinsurance, 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.

Your Impact & Opportunity

As a Program participant, you will need to think both creatively and analytically, problem solve, and make decisions equipped with technical knowledge you will garner in the program. You will receive excellent on-the-job training from our distinguished and highly experienced actuaries, as well as our functional leaders across relevant businesses. An added benefit is the opportunity to launch your career with a two-year educational and developmental program alongside a cohort of your peers!

Over the course of two years, you will complete four (4) distinct rotations to gain exposure to our insurance, reinsurance, and related business areas. Your experience also includes instructor-led workshops, a monthly spotlight speaker series - featuring executive leadership, networking opportunities, self-paced learning modules, and more!

• You will be performing actuarial pricing analyses on individual insurance and reinsurance transactions in support of our underwriting operations.
• Provide data analysis and industry research for senior actuaries and underwriters.
• Provide model engineering support for solutions and technology teams.
• Produce full-depth performance monitoring reports and provide business, pricing, and loss development insights.
• Maintain and innovate upon existing reinsurance data structures and pricing processes.
• Everest will provide support and company time for studying for the CAS Actuarial exams leading to Fellowship in the Casualty Actuarial Society (CAS).
• Domestic and international travel is required.

What You Bring: Experience & Qualifications

• You are a senior pursuing a bachelor’s degree in Actuarial Science, Data Science, Mathematics, Engineering, Economics, Statistics, or other quantitative disciplines of similar rigor
• We prefer that you have successfully completed 1 – 3 exams.
• You enjoy fostering collaborative relationships
• Flexibility and responsiveness to dynamic business needs including tight turnaround times and limited data
• High level of comfort with autonomy, responsibility, and visibility
• Expertise in Excel, as well as competency in at least one of the following: SQL, VBA, R, SAS, Python, or other coding language
• You are a dynamic thinker, with attention to detail and willingness to take on a variety of projects and develop creative end-to-end solutions

Everest does not provide visa sponsorship for this position. Successful candidates must possess the requisite permanent US employment authorization to be eligible for consideration.

The base salary range for this position is $75,000 - $82,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. All offers include access to a variety of benefits to employees, including health insurance coverage, student loan repayment and tuition reimbursement programs, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).

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:

Warren, NJ

Additional Locations:

Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at [email protected].

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