SVP, Head of Group Corporate and Operational Risk – CRO Bermuda

Everest

SVP leading global Enterprise Risk Management framework and operational risk at Everest Group. Collaborating with senior leadership and regulatory bodies for risk governance and compliance.

Posted 5/31/2026full-timeBermuda • BermudaLead💰 $305,000 - $410,000 per yearWebsite

About the role

Key responsibilities & impact

Define, establish and maintain optimized group-wide Enterprise Risk Management Governance, capturing all risk factors as well as clear accountabilities across the 1st, 2nd and 3rd line of defense.
Enhance the non-financial risk aspects of the Group Risk Appetite Framework and the Group ORSA/GSSA reporting.
Ensure effective management of the main executive-level risk committees, with direct ownership of the Group Operational Risk Committee and the reporting upwards from the Group Operational, Financial and Underwriting Risk Committees to the Group Enterprise Risk Committee.
Ensure complete coverage of all relevant topics in the quarterly reporting to the Group Board of Directors Risk Management Committee.
Establish and maintain the Group-wide framework for Operational Risk Management with a coherent approach top-down and bottom-up, covering Risk Culture, Risk Control Self Assessments, Operational Risk Incident Management and Operational Risk Heatmaps.
Manage the Operational Risk Committee.
Implement the global roll-out of 'DecisionFocus' as the overarching infrastructure back-bone for operational risk management across the Group and pursue continuous technological improvements to optimize efficiency.
Be the main representative from Everest's Enterprise Risk Management in the day-to-day relationship with the Bermuda Monetary Authority (BMA).
Be the primary lead for ERM in the strategic project to establish full compliance with the Group Supervision requirements for Internationally Active Insurance Groups (IAIGs) defined in the IAIS' ComFrame.
Facilitate consistency across all Legal Entities. Ensure appropriate integration of risk considerations and independent challenge into strategic planning and business initiative decision making.
Be responsible for developing, implementing, leading and maintaining the risk management frameworks for Everest's Legal Entities in Bermuda.

Requirements

What you’ll need

15 years of experience in insurance or reinsurance, of which a considerable part in Risk Management
Deep knowledge of international re/insurance regulatory demands, incl. Bermuda and BMA Group Supervision
Very good command of corporate governance best practices, especially related to Risk Management
Experience of attending Supervisory Colleges. Having acted as Principal Representative to the BMA a plus
Technical understanding of standard solvency capital models and internal models
Strong grasp of operational risk framework best practices and experience in implementation
Proven effectiveness in leading a team across locations with complex internal stakeholder management
Ability to operate in close interaction with senior executive leadership and regulatory supervisors
Reliable execution skills with structured auditable processes while maintaining lean pragmatism
Strong collaborator in a matrix setup with coverage of a complex global organization
Excellent written and oral communication skills, as well as command of all pertinent software
Higher education in relevant fields and advanced degree FIA, FCAS, CFA or FRM
Being self-motivated and well organized, able to prioritize and manage a broad range of activities.

Benefits

Comp & perks

health insurance coverage
employee wellness program
life and disability insurance
401k match
retirement savings plan
paid holidays
paid time off (PTO)

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

Enterprise Risk ManagementOperational Risk ManagementRisk Control Self AssessmentsOperational Risk Incident ManagementSolvency capital modelsInternal modelsRisk Appetite FrameworkDecisionFocusCompliance with IAIS' ComFrameRisk Culture

Soft Skills

LeadershipStakeholder managementCollaborationCommunicationOrganizational skillsSelf-motivationPrioritizationStructured executionAuditable processesPragmatism

Certifications

FIAFCASCFAFRM