Senior Reserving Actuary

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.

Title: Senior Reserving Actuary
Company: Everest Global Services, Inc.
Job Category: Analytics
Type: Regular
Time Type: Full time
Primary

Location:

Warren, NJ
Additional Locations: New York, NY

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.

• 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

• 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

• 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

• 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

• 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

• 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.

At Everest, our purpose is to…