Assistant Vice President, Transactional & Private Equity Claims

Title:

Assistant Vice President, Transactional & Private Equity Claims Company:

Everest Insurance Company Job Category:

Claims 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. About the

Role:

The Assistant Vice President, Transactional & Private Equity Claims is a senior claims leader responsible for the strategic oversight, operational excellence, and performance of the Transactional and Private Equity (Reps & Warranties) Claims portfolio. This role provides enterprise-level leadership for a complex, high‑severity claims book and leads a specialized claims team, ensuring consistent application of best‑in‑class claims practices, disciplined reserving, and alignment with broader company objectives. The AVP serves as a key advisor to executive leadership and business partners on matters involving significant financial, legal, and reputational exposure, while also acting as a visible representative of the organization to insureds, brokers, reinsurers, and industry stakeholders.

Key Responsibilities:

Portfolio & Strategic Leadership Own and direct the Transactional and Private Equity claims portfolio, providing strategic oversight of complex, high‑exposure matters within delegated authority. Establish and manage portfolio‑level strategies for reserving, large loss reporting, claim resolution, and emerging risk identification. Identify, analyze, and communicate loss trends, legislative developments, and market dynamics with enterprise‑wide implications. People & Performance Management Lead, mentor, and develop a team of claims professionals, setting clear expectations for performance, technical excellence, and professional growth. Establish individual and team goals, metrics, and performance standards aligned with Claims Department strategy and company initiatives. Promote a collaborative, accountable, and high‑performance culture across the claims organization. Executive & Stakeholder Engagement Serve as a trusted advisor to senior management on claims presenting significant exposure or precedent-setting outcomes. Maintain strong, strategic relationships with insureds, brokers, reinsurers, underwriters, actuaries, and internal partners. Represent the organization at client meetings, broker presentations, and industry events to support retention, market credibility, and business development. Claims Oversight & Technical Excellence Provide executive‑level oversight of complex coverage analyses, liability assessments, and damages evaluations. Review and approve coverage position letters involving novel or high‑risk issues. Ensure timely, accurate, and appropriate reserving practices consistent with internal controls and governance standards. Direct and approve negotiation, mediation, and settlement strategies; monitor and attend trials, mediations, and settlement conferences as required. Vendor & Financial Management Oversee relationships with critical vendors, including outside counsel, forensic experts, and other specialists. Review, approve, and manage legal budgets and fee arrangements to ensure cost discipline and value. Prepare and present Large Claim Reports for matters involving significant reserves, litigation activity, or trial exposure. Cross‑Functional Partnership Partner closely with Underwriting to support risk selection, policy construction, and drafting, leveraging claims insights and data analytics. Provide feedback on policy language, claims trends, and underwriting risk assessment to drive product improvement and profitability. Utilize data, metrics, and analytics to optimize claim outcomes, resource allocation, and operational efficiency.

Qualifications, Education & Experience:

Minimum of 7+ years of progressive experience handling Private Equity and Transactional Liability (Reps & Warranties) claims, including leadership or management experience. Demonstrated success managing complex, high‑severity claims and leading sophisticated claims portfolios. Excellent executive‑level oral and written communication skills, with the ability to present clearly and persuasively to senior management and external stakeholders. Strong analytical, organizational, negotiation, and investigative skills; ability to think strategically across legal, financial, and business dimensions. Deep knowledge of insurance coverage, litigation, arbitration, mediation, and trial processes. In‑depth understanding of the insurance industry, regulatory environment, and claims governance standards. Proven ability to leverage data and performance metrics to manage claims effectively and drive continuous improvement. Collaborative leadership style with the ability to influence across functions and levels without direct authority. J.D. and current bar admission strongly preferred; prior law firm or in‑house legal experience is a plus. Holds or is able to promptly obtain all required adjuster licenses. Willingness to travel as required. The base salary range for this position is $180,000 - $215,000 annually. 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). #LI-KG1 #LI-Hybrid What if I don't meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn't align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process. Our Culture At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging. Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together. All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Type:

Regular Time Type:

Full time

Primary Location:

New York, NY Additional Locations:

Warren, NJ 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)