Title:Risk DirectorCompany:Everest Global Services, Inc.Job Category:Risk ManagementJob Description: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.About the Role: Enterprise Risk Management team has a requirement of a Risk Capital Modelling Director with experience in Bermuda Regulation. The role will be part of the Financial Risk team and will work various stakeholders across the Group. Role & Responsibilities (include but not limited to): Reviews of Regulatory Capital CalculationsConduct reviews of BSCR calculations for Group and US entities to support effective challenge of the first line.Maintain and enhance BSCR calculation tools (Excel, actuarial software, internal models) for accuracy and efficiency.Analyse changes in regulatory capital and BSCR ratio over time, considering underwriting, reserving, market, credit, and operational risks.Capital and Risk InsightsDeliver comprehensive analysis and insights on capital adequacy to inform business planning, determine risk appetite, and facilitate strategic decision-making.Conduct or support capital impact assessments across multiple scenarios and stress tests involving new products, business lines, or reinsurance structures.Explore capital optimization, including refining reinsurance strategies, legal entity structures, and intra-group transactions.Engage collaboratively with Risk Management, Finance, Actuarial and Investments teams to ensure alignment between regulatory capital, economic capital, ORSA/ERM frameworks like risk appetite and stress testing activities.Effectively communicate complex regulatory capital concepts to non-actuarial stakeholders, such as senior management, in a clear and concise manner.Facilitate training and knowledge transfer within actuarial and risk teams regarding BMA capital requirements and associated topics.Governance Controls and DocumentationDesign and maintain robust controls around the end‑to‑end BSCR process, including data validation, peer review, and sign-off procedures. Including process maps and user guides for the capital calculation tools, governance frameworks and control checklists, contribute to internal and external audit requests related to regulatory capital and actuarial processes. Develop and refine actuarial methodologies underlying BSCR calculations, such as Stress and scenario testing, aggregation of risks (correlation/matrix structures), parametrization (assumption development) of general insurance underwriting, market, credit, CAT (natural and man-made) and other risks (including Climate, Cyber and Mortgage) where relevant.Ensure actuarial models and tools comply with internal model governance standards, including documentation, version control, and validation protocols.FIA, FSA, FCIA, FCAS, FIAA, AIA, ASA, ACIA, ACAS, AIAA, or equivalent). Bachelor’s or Master’s degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, or a related quantitative discipline.10+ years of actuarial experience in P&C (re)insurance.5+ years of direct, hands‑on experience with Bermuda regulatory capital calculations, including BSCR, is strongly preferred.Familiarity with other regulatory regimes (e.g., Including experience with ORSA or similar enterprise risk management frameworks.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).At Everest we are dedicated to building an inclusive and authentic workplace. Please let us know if you need any accommodations throughout the application or interview process.We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Inclusion and Belonging.This includes day to day interactions with fellow colleagues, and the global communities we serve. LondonType: Full time
Legal Director - Banking & Finance in London employer: Everest Re Group,
Everest Advisors is an exceptional employer, offering a dynamic and inclusive work environment that prioritises employee development and community impact. With a strong commitment to innovation and collaboration, employees have the opportunity to engage in strategic projects that drive growth and create sustainable value. Located in London, a global financial hub, team members benefit from a vibrant culture and access to diverse professional networks, making it an ideal place for meaningful and rewarding careers.
