Full-Time

AI Product Owner

Everest

Everest

501-1,000 employees

Global reinsurance and insurance provider

Compensation Overview

$100k - $175k/yr

+ 401(k) match

Warren, NJ, USA + 1 more

More locations: New York, NY, USA

Hybrid

Hybrid role associated with Warren and New York offices.

Bachelor's, MBA

Category
Product (1)
Required Skills
Agile
Data Science
Machine Learning
Data Engineering
Visio
JIRA
SCRUM
REST APIs
Confluence
Data Governance

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Requirements
  • A Bachelor's degree in Business, Technology, Data Science, or a related field is required.
  • At least 4 years of experience in Product Ownership, Business Analysis, or related roles is required.
  • Strong domain knowledge of insurance operations, particularly Underwriting and Claims, is required.
  • Proven experience implementing artificial intelligence, machine learning, or advanced analytics use cases in a business environment is required.
  • Strong business analysis skills, including requirements gathering, process mapping, and documentation, are required.
  • Strong understanding of Agile methodologies, including Scrum and Kanban, and product management practices is required.
  • Technical acumen and the ability to work closely with data scientists and engineers, including familiarity with artificial intelligence and machine learning concepts, data pipelines, and application programming interfaces, is required.
  • Experience with JIRA, Confluence, and process mapping tools such as Visio or Lucidchart is required.
  • Strong analytical thinking and problem-solving skills are required.
  • Excellent communication and stakeholder management skills, with the ability to influence across all levels of the organization, are required.
Responsibilities
  • Own the end-to-end lifecycle of AI products and use cases, from ideation through implementation and scaling.
  • Partner with business stakeholders across Underwriting, Claims, and other functions to identify, prioritize, and define high-impact AI opportunities.
  • Translate business needs into clear product requirements, user stories, and acceptance criteria.
  • Develop and maintain product roadmaps aligned with enterprise strategic priorities.
  • Lead backlog prioritization and sprint planning in collaboration with data science, engineering, and delivery teams.
  • Create detailed process maps and identify opportunities for optimization through AI and automation.
  • Ensure successful implementation and adoption of AI solutions, including change management and stakeholder communication.
  • Monitor product performance, define KPIs, and drive continuous improvement based on insights and feedback.
  • Collaborate closely with technical teams to ensure feasibility, scalability, and integration with existing systems.
  • Support and enhance enterprise AI platforms, such as EverAssist, by aligning use cases and capabilities with business needs.
Desired Qualifications
  • Experience working with enterprise artificial intelligence platforms or copilots, such as EverAssist or similar tools.
  • Familiarity with data governance, model risk management, and regulatory considerations in insurance.
  • Experience driving digital transformation initiatives in the insurance industry.

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 Jobs

Simplify's Take

What believers are saying

  • Q2 2026 produced $559 million net income and a 92.0% combined ratio.
  • Everest repurchased $395 million in Q2 2026, accelerating per-share value creation.
  • Kilimanjaro III priced $630 million in June 2026, strengthening catastrophe protection and capital flexibility.

What critics are saying

  • Everest sold Mexico to Fairfax on August 5, 2026, continuing retail exits.
  • Q2 2026 core premiums fell 7.1%, showing weakening demand and pricing pressure.
  • Legacy losses and casualty reserve pressure can erase underwriting gains and threaten franchise value.

What makes Everest unique

  • Everest’s hybrid reinsurance-insurance platform diversifies earnings across treaty, specialty, and casualty lines.
  • Annapurna Re launched in June 2026, giving Everest third-party capital for casualty risk.
  • Jim Williamson’s 2026 reshaping concentrates Everest on higher-margin wholesale and specialty businesses.

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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.