Senior Vice President, Head of Private Credit & Co-Head of Alternatives

About the role

Everest is a global leader in risk management, offering a rich heritage of 50+ years in enabling businesses to thrive and economies to function. This role is a senior leadership position responsible for the strategic direction, portfolio construction, manager selection, risk oversight, and performance of Everest's private credit platform.

Responsibilities

• Develop and execute Everest's private credit investment strategy across all credit segments.
• Lead portfolio construction, manager selection, sizing decisions, and portfolio monitoring activities.
• Identify and evaluate new investment opportunities across: Direct Lending, Asset-Based Finance (ABF), Opportunistic Credit, Structured Credit, Infrastructure Credit, and Private Placements.
• Drive portfolio optimization efforts to enhance risk-adjusted returns and capital efficiency.
• Oversee due diligence and underwriting of external managers and investment vehicles.
• Monitor portfolio performance, credit quality, covenant trends, defaults, recoveries, and market conditions.
• Advise on portfolio guidelines, concentration limits, and monitoring frameworks.
• Serve as Co-Head of Alternatives alongside the Head of Private Equity and Real Assets.
• Help determine strategic allocations across private equity, private credit, real assets, secondaries, and opportunistic investments.
• Assess alternative investment opportunities within the context of enterprise capital, liquidity, and risk objectives.
• Collaborate on strategic asset allocation studies and portfolio construction initiatives.
• Contribute to the management of unfunded commitments, cash flow forecasting, and liquidity planning.
• Partner closely with Enterprise Risk Management and Finance teams.
• Evaluate investments through the lens of: Risk-adjusted return, Economic capital usage, Rating agency capital models, Regulatory capital considerations, Liquidity implications.
• Develop portfolio stress testing and scenario analysis frameworks.
• Identify emerging risks and implement appropriate mitigation strategies.
• Monitor evolving rating agency and regulatory developments affecting alternative assets.
• Ensure compliance with investment guidelines, regulatory requirements, and governance standards.
• Build and maintain relationships with leading private credit managers, sponsors, consultants, banks, and industry participants.
• Represent Everest in negotiations with managers and strategic partners.
• Attend industry conferences and maintain awareness of evolving market opportunities and competitive trends.
• Establish Everest as a respected institutional investor within the private credit marketplace.
• Lead, mentor, and develop a high-performing private credit investment team.
• Foster a culture of accountability, collaboration, intellectual rigor, and continuous improvement.
• Drive recruiting, retention, and succession planning efforts.
• Promote cross-functional collaboration across Investments, Risk, Finance, and Corporate Development.

Qualifications

• 10+ years of institutional investment experience.
• 8+ years of direct experience in credit investing and oversight, with a material portion of time in private credit markets.
• Demonstrated experience managing large institutional portfolios and external investment managers.
• Experience working with insurance company balance sheets, asset-liability management, and regulatory frameworks.
• Proven ability to evaluate complex credit structures and illiquid investments.
• Leadership experience managing investment professionals and building teams.
• Bachelor's degree required.
• MBA, CFA, CAIA, or other advanced investment credential preferred.

Leadership Competencies

• Strategic investor mindset.
• Strong credit judgment.
• Exceptional analytical capabilities.
• Executive presence and communication skills.
• Sound risk management discipline.
• Collaborative leadership style.
• Ability to influence at senior organizational levels.
• Deep intellectual curiosity and market awareness.
• High ethical standards and fiduciary mindset.

Pay

The base salary range for this position is $340,000 - $350,000 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).