Everest Reinsurance has appointed Jiten Voralia (pictured above) as chief underwriting officer for global reinsurance. The appointment is effective immediately.
Voralia will report to Jill Beggs, executive vice president and CEO of Reinsurance, and succeeds Chris Downey, who was recently promoted to executive vice president and group chief underwriting officer.
Voralia brings more than 20 years of experience in underwriting, actuarial work, and portfolio management to the role. He will be responsible for leading the underwriting strategy for Everest’s global reinsurance operations.
“Jiten is an exceptional leader, with a wealth of experience across the global reinsurance market and a demonstrated record of portfolio optimization,” said Beggs. She noted that Voralia has already contributed to optimizing the North America portfolio for profitable growth and cited his technical acumen and strong relationships in the industry.
Prior to this appointment, Voralia served as head of North America treaty reinsurance at Everest, overseeing the company’s portfolio across the United States, Bermuda, and Canada. He joined Everest in 2022.
Before Everest, he held various casualty treaty underwriting and actuarial leadership positions with Swiss Re in the US, Australia and New Zealand, and Asia Pacific. Earlier in his career, Voralia worked as an actuary for Benfield in London and Sydney and for PwC in London.
Voralia holds a master of science in mathematics with first class honors from Imperial College London. In addition to his new responsibilities, he will continue to serve as head of North America treaty reinsurance until a successor is named.
In addition to Voralia’s appointment, Everest has made other recent leadership changes. Steve Reiss was named US Northeast regional executive for Everest Insurance, where he will oversee performance and service delivery across the Northeast region. Reiss, who joined Everest from AIG, reports to Craig Hanrahan, head of field operations insurance.
Earlier this year, Everest also appointed Joe Fobert as head of US retail casualty and industry practices.
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