VP II, Head of Reserving Governance and Reporting
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Role details
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Job description
We are seeking an experienced and strategic leader to serve as Head of Reserving Governance and Reporting. This role is responsible for leading the governance and reporting function within the reserving team, ensuring robust controls, high-quality reporting, and well-documented, transparent processes.
The role plays a critical part in strengthening the integrity and consistency of reserving outputs, while driving the transformation and automation of reporting processes. Working closely with Finance, Investor Relations, Risk, Audit and other stakeholders, this position ensures that reserving information is accurate, timely, and fit for purpose to support financial reporting and external communications.
Key Responsibilities
Governance & Controls
- Establish, implement, and continuously enhance a comprehensive reserving governance framework.
- Ensure clear and consistent documentation of reserving methodologies, assumptions, models, and key judgments.
- Oversee the design, implementation, and effectiveness of internal controls across the reserving function.
- Lead the annual review and ongoing enhancement of controls, partnering with Finance and Internal Audit.
- Ensure robust process governance, including change management, version control, and audit readiness.
Reporting Oversight
- Own and oversee the delivery of all reserving-related reporting, including internal management reporting and external disclosures.
- Ensure accuracy, consistency, and timeliness of reporting outputs across all stakeholders.
- Partner with Finance to support quarterly and annual financial close processes, including reserving inputs and analysis.
- Ensure alignment of reserving outputs across actuarial, financial, and regulatory reporting requirements.
Reporting Transformation & Automation
- Lead the strategic transformation of reserving reporting, with a focus on automation, scalability, and efficiency.
- Identify opportunities to streamline data flows, eliminate manual processes, and improve reporting timelines.
- Drive the implementation of modern reporting tools, dashboards, and automated solutions in collaboration with data and technology teams.
- Promote the use of standardized processes and data structures to enhance consistency and transparency.
Stakeholder Support & Information Delivery
- Serve as a key partner to Finance, Investor Relations, and Risk by providing high-quality reserving data, analysis, and insights.
- Coordinate and deliver materials that support internal stakeholders in preparing for external communications, including earnings calls, rating agency and regulator discussions.
- Ensure reserving information is clearly articulated, well-supported, and consistent across all uses.
Policy, Standards & Best Practices
- Maintain, and enhance reserving policies, standards, and best practice documentation.
- Ensure alignment with evolving regulatory expectations and industry standards.
- Drive continuous improvement in governance, reporting, and documentation practices across the reserving function.
Leadership & Team Management
- Lead and develop a team responsible for governance, controls, and reporting activities.
- Set clear priorities and direction, fostering a culture of accountability, collaboration, and continuous improvement.
- Partner cross-functionally with Actuarial, Finance, Risk, and Technology teams to align on data, assumptions, and reporting outputs.
Requirements
- 15+ years of actuarial experience, with significant focus on reserving.
- Qualified actuary (or equivalent).
- Strong experience in reserving governance, reporting, and control frameworks.
- Proven track record in leading reporting transformation initiatives, including automation and process optimization.
- Deep understanding of financial reporting processes and the interaction between actuarial and finance functions.
- Experience supporting internal stakeholders with materials for external reporting and communications.
- Strong leadership and team management experience.
- Excellent communication skills, with the ability to translate complex actuarial concepts into clear, actionable insights.
Key Competencies
- Strategic thinking and leadership
- Strong governance and control mindset
- Process improvement and automation focus
- Attention to detail and commitment to accuracy
- Collaboration and stakeholder management
- Clear and effective communication
Benefits & conditions
The base salary range for this position is $231,000 - $324,000 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).
About the company
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.
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