Everest · 1 week ago
Head of Reserving, Legacy Portfolio
Warren, NJ
Full-time
Hybrid
Director/Executive
$250K/yr - $310K/yr
10+ years expEverest is a global leader in risk management, focused on enabling businesses to thrive and economies to function. The Head of Reserving, Legacy Portfolio will lead the Legacy business, providing reserving studies and supporting special projects, while managing reserve drift and building frameworks for profitability assessment.
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
Required
10+ years actuarial experience and an ACAS or FCAS designation
Strong business focus and experience with analyzing P&C claims and trends
Technical know-how including Excel, VBA, SQL and Python
Strong analytical and problem-solving skills
Excellent communication and interpersonal skills
Detail oriented and highly organized
Skilled in time management and the ability to prioritize tasks
Excellent critical thinking skills
Strong relationship management and influencing skills
Preferred
Advanced degree in a quantitative discipline preferred, including but not limited to Actuarial Science, Mathematics, Statistics, or Computer Science
Expertise in P&C insurance or reinsurance reserving, with specific run-off reserving experience as an added bonus
Global Insurance/Reinsurance industry experience a plus
Benefits
Health insurance coverage
An employee wellness program
Life and disability insurance
401k match
Retirement savings plan
Paid holidays
Paid time off (PTO)
Company
Everest
Everest Group, Ltd.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1995-10-06IPO
Leadership Team
Jill Beggs
CEO of Reinsurance
Mark Kociancic
Executive Vice President and Chief Financial Officer
Recent News
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