Full-Time

Assistant Vice President, Financial Risk Management Internal Audit

Everest

Everest

501-1,000 employees

Global reinsurance and insurance provider

Compensation Overview

$173k - $250k/yr

Warren, NJ, USA

In Person

Travel is less than 5%.

Bachelor's

Category
Accounting (1)
Required Skills
Data Analysis
Excel/Numbers/Sheets

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Requirements
  • A bachelor's degree is required.
  • At least 15 years of experience is required in internal audit, risk management, public accounting, finance, investments, or related control functions.
  • Strong understanding of audit methodologies, risk assessment, and internal control frameworks is required.
  • Audit experience within insurance and reinsurance is required, with a focus on actuarial, investment, treasury, and finance-related risks.
  • Experience with Sarbanes-Oxley testing and control evaluation is required.
  • Strong analytical, critical thinking, and problem-solving skills are required.
  • Exceptional written, verbal, and interpersonal communication abilities are required.
  • Advanced organizational skills and the ability to manage multiple priorities in a fast-paced environment are required.
  • Proficiency with Microsoft Excel and other audit-related technologies is required.
Responsibilities
  • Lead and execute complex, risk-based audits across actuarial, investment, treasury, and finance functions.
  • Perform fieldwork activities, including client inquiry, record inspection, and reperformance of complex control procedures.
  • Assess the effectiveness of governance, risk management, and internal control frameworks.
  • Evaluate control design and operating effectiveness through interviews, process reviews, data analysis, and testing.
  • Monitor key financial and operational risks and provide insights on emerging issues and trends.
  • Leverage data analytics to enhance audit quality, coverage, and efficiency.
  • Partner with business leaders to identify control gaps, determine root causes, and develop practical remediation strategies.
  • Prepare and communicate audit findings and recommendations to management and senior stakeholders.
  • Support and conduct Sarbanes-Oxley control testing and advisory activities related to global insurance and reinsurance actuarial reserving processes.
  • Collaborate with Everest's external auditors, including KPMG.
  • Contribute to special projects and strategic initiatives across the organization.
Desired Qualifications
  • An actuarial designation or progress toward actuarial credentials is preferred.
  • Experience auditing actuarial processes is preferred.
  • Knowledge of statistical sampling, testing methodologies, and data interpretation is preferred.
  • Experience leveraging data analytics in audit execution is preferred.

Everest provides reinsurance and insurance services worldwide. It operates through subsidiaries in the U.S., Europe, Singapore, Canada and Bermuda, and is organized into two main segments: Reinsurance and Insurance. The Reinsurance segment writes property and casualty reinsurance as well as specialty lines, on both treaty and facultative bases, for a global client base. The Insurance segment offers property, casualty, and specialty insurance products. Everest uses a hybrid business model that combines these two lines to offer a diversified set of risk-management solutions. Its goal is to help clients manage a wide spectrum of risks by leveraging its global reach, experience, and underwriting expertise.

Company Size

501-1,000

Company Stage

IPO

Headquarters

null

Founded

1973

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Simplify's Take

What believers are saying

  • Q2 2026 net income reached $559 million, despite a 92.0% combined ratio.
  • Everest repurchased $395 million of stock in Q2 2026 and $797 million in 2025.
  • Lisa Davis joined May 2026 to scale North America Wholesale and Specialty.

What critics are saying

  • Gross written premium fell 7.1% in Q2 2026, showing shrinking core volume.
  • Everest cut 127 jobs in New Jersey and New York between 2025 and 2026.
  • Casualty reserve mistakes can force another AIG-style runoff sale and erase franchise value.

What makes Everest unique

  • Everest's hybrid reinsurance-insurance platform spans 50 years across Bermuda, Europe, Singapore, and Canada.
  • June 2026 Kilimanjaro III secured $630 million catastrophe retrocession across peak North America perils.
  • Jim Williamson's 2025-2026 underwriting push prioritizes specialty growth and balance-sheet optimization.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Flexible Work Hours

Tuition Reimbursement

Professional Development Budget

401(k) Retirement Plan

Company News

Yahoo Finance
Jul 29th, 2026
Everest reports $559M net income with 92% combined ratio and $395M share buyback in Q2 2026

Everest Group reported second quarter 2026 net income of $559 million, or $14.22 per diluted share, down from $680 million in the same period last year. The global reinsurance and insurance provider achieved an annualised total shareholder return of 16.8% and a combined ratio of 92.0%. The company's core businesses, comprising Reinsurance Treaty and Global Wholesale & Specialty segments, generated $317 million in underwriting income with a 90.0% combined ratio. Gross written premium from core businesses totalled $3.7 billion, down 7.1% year-over-year. Everest repurchased $395 million of common shares during the quarter. Book value per share increased to $398.83 at 30 June 2026 from $379.83 at year-end 2025. President and CEO Jim Williamson highlighted the company's strong underwriting performance and balance sheet optimisation whilst noting share repurchases remain a top priority.

Noah Business Intelligence
Jun 10th, 2026
Everest Re returns to cat bond market seeking $530M+ for North America storm and quake cover

Everest Re has launched a two-part Kilimanjaro III catastrophe bond seeking to raise at least $530 million of collateralised retrocession for North American natural catastrophe risks. The transaction covers named storms and earthquakes affecting the US, Puerto Rico, the US Virgin Islands, Washington DC and Canada. The deal comprises Series 2026-1 and Series 2026-2, each divided into four tranches offering both annual aggregate and per-occurrence protection. Coverage periods span three and four years respectively, with expected loss assumptions ranging from 4.35% to 7.38% and initial spreads between 8% and 12.75%. The issuance will replace $330 million of cover that matured in April and could lift Everest's outstanding catastrophe bond protection above $1.7 billion. The company completed a $1 billion retrocession deal through Kilimanjaro Re II a year ago.

Yahoo Finance
Jun 7th, 2026
Everest Group announces $2 dividend with 2.4% yield, payout ratio at just 16%

Everest Group will go ex-dividend in four days, paying $2.00 per share on 26 June to shareholders on record by 12 June. The company distributed $8.00 per share over the past 12 months, yielding approximately 2.4% at the current share price of $334.41. The dividend appears sustainable, with Everest Group paying out just 16% of its profit after tax, leaving significant room for maintaining payments during adverse conditions. The company has grown earnings rapidly at 32% annually over the past five years. Over the past decade, Everest Group has increased its dividend by approximately 7.7% per year on average, demonstrating commitment to shareholder returns whilst growing earnings.

Associated Press
May 7th, 2026
Everest appoints Lisa Davis to lead North America wholesale and specialty business

Everest Group has appointed Lisa Davis as Head of North America, Wholesale & Specialty. She will oversee underwriting strategy, distribution and portfolio management across the region, reporting to Jason Keen, EVP and CEO of Global Wholesale & Specialty. Davis brings over 35 years of experience in specialty insurance, most recently leading the expansion of Canopius' US business. She previously served as President and Chief Operating Officer for North America at Sompo America and held leadership positions at Zurich North America and St. Paul Companies. Everest is a global underwriting leader providing reinsurance and specialty insurance solutions. Its common stock trades on the New York Stock Exchange and is a component of the S&P 500 index.

Yahoo Finance
May 2nd, 2026
Everest Group shares jump 3.7% as Q1 profit more than doubles to $16.08 per share

Everest Group shares rose 3.7% after the global reinsurance company reported first-quarter 2026 earnings that significantly beat profit expectations despite missing revenue targets. The company posted adjusted earnings of $16.08 per share, surpassing Wall Street's estimate of $13.98 and more than doubling the $6.45 reported a year earlier. The strong performance was driven by improved underwriting results, with a combined ratio of 91.2%, indicating profitability. However, total revenue of $4.07 billion and net premiums earned of $3.57 billion both declined year-over-year and fell short of analyst expectations. Investors focused on the substantial earnings outperformance, showing confidence in the company's operational efficiency. Shares closed at $356.76, up 6.7% year-to-date.