Director, Global Reserving Actuary

Posted 2 Days Ago
Be an Early Applicant
5 Locations
In-Office
150K-205K Annually
Expert/Leader
Insurance
The Role
Leads global property and casualty insurance reserving analyses, quarterly reserve reviews, reserve adequacy assessments, and recommendations for insurance and reinsurance portfolios. Partners with underwriting, claims, pricing, finance, auditors, and regulators to support financial reporting, capital modeling, risk initiatives, and strategic decisions. The role enhances reserving methodologies and governance, communicates insights on reserve volatility and emerging exposures, and mentors junior actuarial staff.
Summary Generated by Built In

Title:

Director, Global Reserving Actuary

Company:

Job Category:

Analytics

Job Description:

Everest Overview


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.


Position Summary

The Actuary, Global Reserving will lead reserve analyses and provide reserving insights for key Insurance and Reinsurance portfolios. The role is responsible for developing reserve indications, communicating findings to business partners, and supporting financial and strategic decision-making. The position will serve as a trusted advisor to underwriting, claims, finance, and actuarial leadership while helping drive consistency across reserving methodologies and governance practices globally.  


Key Responsibilities

  • Lead quarterly reserve reviews and reserve indication analyses for assigned portfolios.
  • Evaluate reserve adequacy through detailed analysis of historical development patterns, emerging trends, and operational changes.
  • Present reserve recommendations to reserving leadership.
  • Provide actionable insights regarding adverse development, reserve volatility, and emerging exposures.
  • Support quarterly financial close processes and external reporting requirements.
  • Collaborate with Claims, Underwriting, Pricing, and Finance to assess portfolio performance.
  • Contribute to capital modeling, planning assumptions, and enterprise risk initiatives.
  • Support interactions with auditors and regulators.
  • Develop and enhance reserving methodologies, tools, and governance standards.
  • Mentor junior actuarial staff and provide technical guidance.

Qualifications

  • Bachelor's degree in a quantitative field.
  • 5-10 years of P&C actuarial experience, including significant reserving experience.
  • ACAS required; FCAS preferred.
  • Strong knowledge of reserving methodologies and actuarial standards.
  • Experience communicating actuarial analyses to senior stakeholders.
  • Proficiency with actuarial software, SQL, Python, or related tools.
  • Strong project management and leadership capabilities.

The base salary range for this position is $150,000 - $205,000 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, 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:

Primary Location:

Warren, NJ

Additional Locations:

Atlanta, GA, London, New York, NY, Zurich, Switzerland

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].

Everest U.S. Privacy Notice | Everest (everestglobal.com)

Skills Required

  • Bachelor's degree in a quantitative field
  • 5-10 years of P&C actuarial experience
  • Significant reserving experience
  • ACAS certification
  • FCAS certification
  • Strong knowledge of reserving methodologies and actuarial standards
  • Experience communicating actuarial analyses to senior stakeholders
  • Proficiency with actuarial software, SQL, Python, or related tools
  • Strong project management and leadership capabilities

Everest Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Everest and has not been reviewed or approved by Everest.

  • Fair & Transparent Compensation — Pay is characterized as fair or decent for the role, with total compensation often viewed as broadly competitive. Bonus, overtime eligibility, and stock-related elements are described as meaningful contributors to overall earnings in stronger years.
  • Healthcare Strength — Health benefits are repeatedly characterized as good to great, and they appear to be a consistent bright spot in the overall rewards package. Core protections like life insurance and short- and long-term disability coverage are also described as available.
  • Wellbeing & Lifestyle Benefits — A Lifestyle Spending Account and a wellness debit-card style perk are described as available for physical or mental health expenses. Employee assistance support is positioned as accessible globally, adding to day-to-day wellbeing coverage.

Everest Insights

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The Company
HQ: Allen, TX
3,485 Employees
Year Founded: 1973

What We Do

Everest Group, Ltd. (“Everest”) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest is in over 100 countries across 6 continents. We provide the world with protection, we underwrite more than risk, we underwrite opportunity. Everest Group, Ltd. is listed on the New York Stock Exchange (NYSE: EG) and is a component of the S&P 500 index. FINANCIAL STRENGTH RATINGS A+ by A.M. Best A+ by S&P A1 by Moody's

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