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Everest · 4 hours ago

Chief Reserving Actuary, Legacy

Philadelphia, PA

Full-time

Hybrid

Director/Executive

$250K/yr - $310K/yr

10+ years exp

Everest Global Services is a leader in risk management with a focus on creating sustainable value. The Chief Reserving Actuary role involves leading the Legacy business, managing reserve studies, and providing analytical insights to improve profitability and predictability in run-off actions.

FinanceFinancial ServicesInsurance

Responsibilities

Perform quarterly studies and roll forward analyses and present to the Legacy reserving board

Implement a “performance board” model across the Group

Strengthen the reserve-claims feedback loop and instill rigorous tracking and dialog around quarterly AvE emergence and monthly early signals

Run actuarial-led deep dives for any problematic or uncertain areas of the portfolio

Translate claim events into reserve implications and capital impact

Support pricing of externally contemplated deals (LPTs/retros) as needed

Develop granular IBNR allocation methodologies to gauge profitability of anticipated liability acceleration strategies (e.g., policy buybacks)

Translate reserving and claims signals into actionable run-off insights and interventions

Enhance transparency and credibility for the Senior Leadership team and rating agencies

Qualification

ACASFCAS designationP&C insurance reservingAdvanced degree in quantitative disciplineExcelSQLPythonAnalytical skillsRelationship managementCommunication skillsDetail orientedTime managementCritical thinking