Chief Financial Officer, Legacy

Title:

Chief Financial Officer, Legacy

Company:

Everest Global Services, Inc.

Job Category:

Finance

Job Description:

About Everest
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.

Our Legacy Business

Join a team where dynamic thinkers turn complexity into opportunity. You will work at the crossroads of strategy, analytics, and execution – tackling some of the most challenging and high‑impact problems in the insurance industry. Here, your ability to navigate multiple disciplines isn’t just valued – it’s essential.

The $5 billion Legacy business at Everest requires active, forward‑looking discipline focused on resolving legacy liabilities and unlocking capital for the company’s future growth. You’ll play a direct role in reducing volatility, strengthening market credibility, and accelerating strategic value creation across the Group. Our environment challenges you to think fast, adapt quickly, and approach complex legacy portfolios with fresh ideas and data‑driven insights. You’ll work closely with claims, actuarial, finance, reinsurance, technology, and operations – building a uniquely broad and influential skill-set.

Position Summary

The Chief Financial Officer, Legacy will ensure accuracy and consistency while implementing a proactive capital management process that enables the capital engine versus passive reporting on the portfolio. With dual reporting to the CEO, Legacy Operations and EVP, Finance, you will play a crucial role in this newly established business, ensuring timely and accurate financials and building tracking mechanisms for capital management.

Key Responsibilities

• Senior finance owner for the run-off P&L, ensuring accuracy, consistency, and discipline across all financial reporting in compliance with GAAP, regulatory requirements, and internal control standards

• Own run-off specific financial reporting for the Board, senior leadership, and investors, with clear articulation of performance drivers, risks, and forward-looking implications

• Build, maintain, and interpret financial models to support performance analysis, business trend assessment, and long-term planning for the run-off portfolio

• Own the analysis, forecasting, and governance of premium receivables and reinsurance recoverables, including validation of outward reinsurance structures, monitoring collections, resolving disputes, assessing realization risk, and authorizing write offs where appropriate

• Partner with Treasury to forecast and monitor capital requirements, capital release timing, and the economics of branch wind down and legal entity closures

• Support modeling, structuring, and financial analysis for LPT and retrocession transactions, and monitor the ongoing economics of executed deals

• Forecast, monitor, and control run-off expenses, including staffing models, outsourcing arrangements, and underwriting related costs, with clear variance analysis versus budget and prior periods and an expectation that expenses decline commensurate with the portfolio’s runoff profile

• Coordinate closely with Claims and Reserving to analyze reserve movements, large loss activity, and key drivers of period over period volatility run-off.

Required Experience

• Bachelor’s Degree (or equivalent degree) in Accounting and Finance

• Certified Public Accountant (or equivalent certification) preferred

• 10+ years of experience in Corporate Finance or Accounting

• 5+ years of Insurance/Reinsurance industry experience, with direct run-off experience helpful but not required

• Global Insurance/Reinsurance industry experience a plus

• Strong analytical and problem-solving skills

• Highly skilled in math, accounting, and financial processes

• Excellent communication and interpersonal skills

• Detail oriented and highly organized

• Skilled in time management and the ability to prioritize tasks

• Excellent critical thinking skills

• Solid understanding of U.S. GAAP and the regulatory environment

• Strong relationship management and influencing skills

#LI-Hybrid

#LI-ED1

The base salary range for this position is $265,000 - $330,000 annually. The offered rate of compensation