VP, Reserving Actuary, Global Reserving

Posted Yesterday
Be an Early Applicant
5 Locations
In-Office
230K-275K Annually
Expert/Leader
Insurance
The Role
Leads global property and casualty reserving across insurance and reinsurance portfolios. Oversees reserve adequacy, methodologies, governance, controls, regulatory reporting, and financial disclosures. Partners with Finance and executive leadership on reserve decisions, risk trends, and strategic planning. Mentors actuaries, strengthens reserving processes, and promotes analytics and automation. Requires FCAS certification, 15+ years of P&C actuarial experience, extensive reserving leadership, regulatory reporting expertise, executive communication skills, and proven people leadership.
Summary Generated by Built In

Title:

VP, Reserving Actuary, Global Reserving

Company:

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:

The Senior Reserving Actuary is a strategic leadership role within the Global Reserving organization. This position is responsible for overseeing reserve adequacy, reserving governance, and reserve communication across Insurance and Reinsurance portfolios. The successful candidate will serve as a key business partner to executive leadership and will influence financial decision-making through credible and insightful reserve analyses.


This role will work closely with the Global Chief Reserving Actuary and senior business leaders to ensure consistency of reserving practices, strengthen governance frameworks, enhance reserving processes, and provide transparent communication of reserve indications and emerging trends across the enterprise. The role is expected to be a visible leader within the broader actuarial organization and help shape the future direction of Everest's reserving capabilities.


Key Responsibilities

Reserving Leadership

  • Lead quarterly and annual reserve reviews across multiple business segments.
  • Provide independent assessment of reserve adequacy and reserve risk.
  • Oversee the development and communication of reserve indications and recommendations.
  • Ensure consistency of reserving methodologies of Insurance and Reinsurance portfolios.

Financial & Strategic Partnership

  • Partner with Finance leadership regarding reserve booking decisions and financial reporting.
  • Support regulatory reporting, statutory filings, and reserve-related disclosures.
  • Provide reserve insights to executive leadership, including trends, volatility, and emerging risks.
  • Participate in strategic planning and portfolio management discussions.

Governance & Controls

  • Oversee actuarial documentation, controls, and model governance.
  • Drive continuous improvement of reserving processes and reporting.

 

Team Leadership

  • Mentor and develop actuaries in the Reserving organization.
  • Foster collaboration between Reserving, Pricing, Claims, Finance, and Underwriting teams.
  • Champion innovation, analytics, and automation initiatives.

Qualifications

  • FCAS designation required.
  • 15+ years of P&C actuarial experience.
  • Extensive reserving leadership experience across commercial insurance and/or reinsurance.
  • Strong knowledge of regulatory and financial reporting requirements.
  • Demonstrated experience presenting reserve recommendations to executive management.
  • Proven people leadership and talent development experience.
  • Exceptional communication, influencing, and strategic thinking skills.

The base salary range for this position is $230,000 - $275,000 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

  • FCAS designation
  • 15+ years of property and casualty actuarial experience
  • Extensive reserving leadership experience across commercial insurance and/or reinsurance
  • Strong knowledge of regulatory and financial reporting requirements
  • Experience presenting reserve recommendations to executive management
  • People leadership and talent development experience
  • Exceptional communication, influencing, and strategic thinking skills

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.

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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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