Head of Europe Actuarial

Title:

Head of Europe Actuarial

Company:

Everest Insurance (Ireland) Spain

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:

You’ll be part of our International Actuarial Team, supporting pricing, portfolio management, reserving, and capital across all our International operations, regions, and lines. Your role will be highly commercial and embedded within the business, involving daily interactions with underwriting teams, other actuarial functions, and senior stakeholders. A key focus will be on pricing local business.

As the senior actuarial business partner for the European retail business, you’ll work closely with regional leadership, including the Head of Europe, Country Managers, and Underwriters. Your mission is to enhance the technical expertise and business partnering provided by the International actuarial teams, ensuring that local business is analysed to International standards while effectively incorporating local specifics. In the short term, you’ll play a crucial role in supplementing international product pricing teams by conducting local pricing. This role marks a key point in the expansion of Everest Insurance International, and as the business grows, you’ll have the opportunity to expand your responsibilities and help build out local teams.

You’ll be based in either Paris or Madrid working on a hybrid schedule (3 days in the office, 2 days remote).

Role & Responsibilities (include but not limited to):

Business Partnering

• Act as a go-to for local leadership, to supplement (and work with) the business partnering from International Pricing, Portfolio Management, Reserving & Capital teams. 

Pricing

• Carry out case pricing for local business in line with International standards & peer review case pricing for local business carried out by the Int product pricing team

• Collaborate effectively with Int product pricing team to split pricing load between teams based on expertise and availability

• Work with International product pricing team to ensure the exposure pricing tools are calibrated effectively to local business, contributing to investigations including appropriate documentation to obtain appropriate approvals for assumptions from Chief Pricing Actuary International and Chief Actuary

Reserving & Capital

• Provide insight on European pricing and business issues to support the reserving position by the International Reserving team, including Chief Reserving Actuary and Head of Actuarial Function

• Communicate the link between the pricing, reserving and P&Ls to local leadership

• Contribute to local legal entity capital insights working with the International Capital team

Portfolio Management

• Work with Int Head of Portfolio and Performance management and team, and local leadership to investigate experience of local business, including:

• Contribute to periodic price monitoring (RARC) reporting

• Understand and communicate Rate Adequacy

• Contribute to portfolio reviews and planning and understanding& preparation of KPIs

Other

• Contribute to local leadership’s running of their business using knowledge gained

• New product analysis

• New territory analysis

• M&A due diligence

• Ad-hoc projects at the request of management

• Line management

• Management of a small team dedicated to local business

Qualifications:

• You hold a bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field

• You are a qualified actuary (preferred)

• You bring demonstrated expertise in actuarial work, with a preference for pricing experience

• You have strong technical, analytical, and IT skills

• You communicate and collaborate effectively

• You’ve demonstrated the ability to operate confidently at all levels and earn the trust of colleagues and senior management

• You’re comfortable working across teams and regions

• You take ownership of your work and are proactive in driving initiatives forward

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:

Paris, France

Additional Locations:

Madrid, Spain