Title:

Senior Reserving Actuary

Company:

Everest Global Services, Inc.

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.

Position Summary

The Senior Reserving Actuary is responsible for leading and executing actuarial reserving analyses for multiple Property & Casualty lines of business. This role plays a critical part in ensuring the adequacy of loss and LAE reserves, supporting financial reporting, and partnering with Finance, Claims, Underwriting, and ERM. The position requires strong technical reserving expertise, sound actuarial judgment, and the ability to communicate results to senior leadership.

Key Responsibilities

Reserving & Analysis

• Perform quarterly and annual loss and LAE reserve analyses for assigned P&C lines of business using actuarial best practices

• Select and recommend carried reserves, including rationale for management and audit review

• Analyze loss development patterns, trend, tail factors, and large loss activity

• Identify emerging issues and explain reserve movements, variability, and key drivers

• Conduct deep-dive analyses on segments, coverages, and accident years as needed

Financial Reporting & Governance

• Support statutory, GAAP, and management reporting processes

• Prepare and review actuarial exhibits, documentation, and reserve memos

• Partner with Finance on close processes, variance analysis, and earnings commentary

• Support internal controls, SOX documentation, and governance standards

Collaboration & Business Support

• Work closely with Claims to understand operational drivers of loss emergence

• Partner with Underwriting and Pricing to provide feedback on loss experience and profitability

• Support reinsurance reserving, commutations, and ceded analyses as needed

• Support transformation efforts to automate quarterly roll forwards

Leadership & Development

• Mentor junior actuarial staff and review actuarial work products

• Contribute to the enhancement of reserving methodologies, tools, and automation

• Serve as a subject matter expert on assigned lines or reserving topics

Qualifications

Required

• Associate (ACAS) or equivalent level of experience

• 10–15+ years of actuarial experience, with substantial P&C reserving experience

• Strong knowledge of U.S. P&C reserving techniques and regulatory environment

• Experience with primary insurance (personal and/or commercial lines)

• Advanced proficiency in Excel; working knowledge of actuarial software (e.g., ResQ, Arius, SAS, R, or similar)

• Strong written and verbal communication skills, with experience presenting to management

Preferred

• Experience supporting statutory and GAAP reporting

• Exposure to reinsurance structures and ceded reserving

• Prior experience interacting with auditors and regulators

• Programming or automation experience (R, Python, SQL, VBA)

• Leadership or informal people-management experience

The base salary range for this position is $152,000 - $230,000 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:

Full time

Primary Location:

Warren, NJ

Additional Locations:

New York, NY

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)