What are the responsibilities and job description for the Senior Vice President, Portfolio Leader position at Everest Global Services, Inc.?
Title: Senior Vice President, Portfolio Leader Company: Everest Global Services, Inc. Job Category: Analytics Job Description: Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Europe, Bermuda, Canada, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people. Everest is a growth company offering Property, Casualty, and specialty products among others, through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service, and customized solutions. Our insurance arm draws upon impressive global resources and financial strength to tailor each policy to meet the individual needs of our customers. Role Purpose: The Global Portfolio Management Leader collaborates across product-related functions to analyze trends, ensuring underwriting appetite and financial objectives are monitored, actioned, and achieved. Role and Responsibilities include, but are not limited to: Disseminate and collate observations across functional areas to improve results Collaborate with leaders, underwriters, and actuaries to stress-test ideas and project impacts on loss ratios Provide guidance for policy language enhancements based on trends and feedback Create and oversee dashboards and reports to track strategy execution on a recurring basis Reassess implemented actions for effectiveness and recommend adjustments Align underwriting actions with actuarial analyses to assess impacts on loss ratios Coordinate with Corporate Underwriting to update guidelines to reflect portfolio management strategies Ensure execution of strategies through direct engagement with business leaders and hold individuals accountable Develop and Drive Portfolio Management Initiatives Work closely with business leaders, P&L heads, and Deputy Chief Underwriting Officers (DCUOs) to ensure initiatives are actionable and responsive to trend changes Collaborate with Claims teams across North America to track monthly claim results and trends, addressing underwriting challenges and emerging issues proactively Collaborate with underwriters and business leaders to develop potential initiatives and validate their projected impact on loss ratios with Actuarial teams Partner with Policy Wording and Product Development teams to integrate insights from Claims into upfront language improvements for underwriters Identify opportunities to leverage Artificial Intelligence and advanced analytics for enhanced risk selection and management Engage with external consultants and data providers (e.g., Verisk, Advisen) to discover and implement new portfolio management opportunities Provide input to Product Boards to drive actions and accountability Oversee Execution and Monitoring of Portfolio Management Initiatives Collaborate with Data & Analytics, Actuarial, and CUO Office teams to establish and maintain reporting systems for monitoring agreed-upon actions Regularly monitor the implementation of strategies using insights from reporting tools and dashboards Partner with Data & Analytics to create dashboards that provide actionable insights at the portfolio and policy level Conduct evaluations of prior initiatives to confirm their impact and recommend adjustments as needed Assist underwriting leadership in translating strategic goals into actionable steps at the underwriting level Coordinate with Actuarial Pricing Teams Serve as a liaison between underwriting and actuarial teams to ensure alignment and mutual understanding of planned actions Collaborate with Actuarial Pricing to quantify the effects of portfolio management strategies on projected loss ratios Ensure Underwriting Guidelines Reflect Strategic Updates Work with DCUOs and Corporate Underwriting teams to integrate portfolio management strategies into updated underwriting guidelines Drive Accountability and Execution Take ownership of implementation by engaging directly with business heads to ensure adherence to committed strategies and execution plans Requirements: 20 years of experience as a global leader within the insurance industry Leadership Ability/ Management Experience Located Physically in an Everest office a minimum of 3 days per week Comfortable/Capable of Managing by Influence Strong Ability to Manage Through Ambiguity and Change Financial Acumen (P&L Experience) Executive Presence Exceptional oral and written communication, with the ability to provide concise executive summaries to senior management. Strategic Thinking/Planning Ability Broker/ Client Network Development Strong EQ Highly collaborative and able to work effectively across the organization as well as with external stakeholders. Ability to adapt, drive, effect and embrace change, solutions driven. Tenacity and decisiveness, with the courage to take risks. Strong interpersonal skills and demonstrates respect for the opinions of others. Proven experience in leading, managing and developing talent Type: Regular Time Type: Full time Primary Location: Atlanta, GA Additional Locations: Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com. Everest U.S. Privacy Notice | Everest (everestglobal.com) Beware of recruitment fraud Please be cautious of phishing scams involving fake Everest job postings and individuals posting as Everest representatives making phony job offers. Always verify the identity of the recruiting professionals you work with. What you should know: At Everest, your privacy, security, and safety are of utmost importance to us. Everest will never ask for payment or any financial information as part of the hiring process. All job-related written communications from our internal recruitment team will come from official email addresses that end in our company domain. EVEREST is a leading international reinsurance and insurance group with an extensive distribution network that spans five continents. With roots dating back to 1973, Everest has developed a global footprint and deep client relationships that are largely unmatched by its peers. The Company’s principal business strategies seek to leverage its strengths to optimize returns over the underwriting cycle, thereby creating value for its shareholders and business partners.
