Director, Global Reserving Actuary

Everest Re

New Jersey

On-site

USD 150,000 - 205,000

Full time

4 days ago
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Benefits offered by this job

Health insurance
Wellness program
Life and disability insurance
401k match
Retirement savings plan
Paid holidays
PTO

Job summary

Everest Re Group in Warren, NJ seeks a Director, Global Reserving Actuary to lead reserve analyses for Insurance and Reinsurance portfolios, develop reserve indications, and communicate findings to business partners.

You will serve as trusted advisor to underwriting, claims, finance, and actuarial leadership, shaping reserving governance globally and mentoring junior staff.

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.

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.

Skills

ACAS
FCAS
SQL
Python
Communication

Education

Bachelor's degree in a quantitative field

Tools

Actuarial software

Job description

Director, Global Reserving Actuary

Job Category: Analytics

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.
Compensation and Benefits

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)

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

Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.

Our Colleague Behaviors

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

Primary Location

Warren, NJ

Additional Locations

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

Equal Opportunity Employer Statement

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

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