Actuary, Commercial Property Pricing
About the position
The insurance Actuarial Group of Everest Insurance, a member of the Everest Group, Ltd. is currently recruiting for an Actuary, Commercial Property Pricing role to provide both traditional and technical support to Everest’s Primary Casualty business. This a hybrid position based out of our Warren, New York City, Stamford or Philadelphia offices. In addition to having strong technical capabilities, the ideal candidate will be high-energy, with a strong desire to learn and develop, and be attracted to the opportunity to develop new tools & capabilities within a rapidly expanding business.
Responsibilities
- Support the development and enhancement of pricing tools and methodologies for Commercial Property products, including Wholesale and Programs.
- Perform pricing, profitability, rate change, trend, and portfolio analyses to support underwriting and business decision-making.
- Assist with annual planning activities, including ELR analysis, portfolio reviews, and preparation of actuarial assumptions.
- Support pricing modernization initiatives, including model development, coding, testing, validation, and implementation.
- Contribute to portfolio impact analyses for strategic initiatives, including rater harmonization and pricing methodology changes.
- Partner with Underwriting, CAT Modeling, IT, Operations, and other actuarial teams to gather inputs, validate assumptions, and explain analytical results.
- Help improve efficiency, governance, and documentation of pricing and analytical processes.
- Support regulatory, filing, reinsurance, and ad hoc actuarial requests as needed.
- Develop clear exhibits and summaries that translate actuarial analyses into practical business insights.
Requirements
- Near-ACAS with strong property pricing experience.
- 5+ years of actuarial experience, preferably in property pricing, commercial lines, portfolio management, or related insurance analytics.
- Strong analytical and problem-solving skills, with the ability to work with complex data and translate results into business recommendations.
- Experience with actuarial pricing tools, data analytics, and modeling techniques.
- Proficiency with Excel and large datasets.
- Strong communication skills with the ability to explain technical concepts to actuarial and business stakeholders.
- Ability to manage multiple priorities, adapt to changing business needs, and work effectively in a cross-functional environment.
- Strong attention to detail, ownership, and willingness to learn new systems, tools, and pricing methodologies.
Nice-to-haves
- Familiarity with catastrophe modeling concepts and property insurance pricing preferred.
- Python, SQL, R or similar tools preferred.
Benefits
- health insurance coverage
- an employee wellness program
- life and disability insurance
- 401k match
- retirement savings plan
- paid holidays
- paid time off (PTO)