Senior Reserving Actuary

Everest•Warren Township, NJ

About The Position

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.

Requirements

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

Nice To Haves

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

Responsibilities

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