Vice President II, Investments

Everest is a global leader in risk management with a 50+ year heritage, enabling businesses and economies to thrive. We are underwriters of risk, growth, progress, and opportunity, focused on disciplined capital allocation and long-term value creation for all stakeholders.

About the role

Everest Re Group, Ltd. is seeking a Vice President to serve as Head of Investment Risk Management. This position will report directly to our Chief Investment Officer and oversee all aspects of investment risk management for a global P&C reinsurance company with a $40+billion global investment portfolio. The role is based in Warren, NJ or New York City and operates in a hybrid model (3 days in-office, 2 days remote).

The Everest investment team is a small, collegial group, and the successful candidate will collaborate closely with colleagues across divisions, including the Group Chief Risk Officer, capital modelling team, audit teams, technology, finance, legal, tax, treasury, and underwriting business units.

Responsibilities

• Ensure proper risk management across all investment portfolios.
• Serve as Chair of the Asset Risk Committee (ARC).
• Monitor portfolio asset duration positioning relative to liability durations (ALM) across legal entities and geographies to ensure reasonable interest rate risk tolerances.
• Monitor foreign exchange (F/X) exposures.
• Measure and report on key deterministic and stochastic risk metrics such as Value-at-Risk (VAR) and tail-VAR at various confidence intervals.
• Coordinate with the Group Chief Risk Officer (CRO) regarding investment controls and modelling to align with Everest’s enterprise risk management (ERM).
• Collaborate with underwriting business units (e.g., Financial Lines) to aggregate and monitor overlapping credit exposures across the Company.
• Prepare and coordinate risk-related investment reporting for senior management, the investment committee, and the board of directors.
• Oversee information systems initiatives within the Investments domain.
• Collaborate on transversal initiatives across the firm.

Requirements

• 8+ years of work experience in investment management or insurance risk management.
• MBA or MS in Risk Management, Finance, or Financial Engineering preferred.
• CFA designation preferred.
• Strong communication skills and ability to summarize complex ideas succinctly.
• Highly quantitative; strong Excel and modeling skills required.
• Ability to collaborate effectively with cross-functional teams.
• Strong work ethic and high ethical standards.

Pay

The base salary range for this position is $303,000 - $375,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications, and work location.

Benefits

• Health insurance coverage.
• Employee wellness program.
• Life and disability insurance.
• 401k match and retirement savings plan.
• Paid holidays and paid time off (PTO).