Reinsurance Underwriter

4 weeks ago

London, Greater London, United Kingdom Everest Insurance Full time
Title:
Reinsurance Underwriter - Global Specialties

Company:
Everest Advisors (Uk), Ltd.

Job Category:
Underwriting

Job Description:

It's an exciting time for Everest Re Group, Ltd. ("Everest") As we continue our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets.

Everest is a leading global reinsurance and insurance provider, operating for over 50 years through subsidiaries in the Bermuda, Canada, Europe, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people.

At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including:

• Generous tuition/continuing education reimbursement

• Mentoring opportunities

• Flexible work arrangements

• Talent development initiatives

• Networking groups

Everest is a growth company with over $16 Billion of Gross Written Premium Offering Property, Casualty and specialty products among others, through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service, and customized solutions. Our insurance arm draws upon impressive global resources and financial strength to tailor each policy to meet the individual needs of our customers.

Our financial strength is evident in Financial Agency Ratings of: A+ A. M. Best, A+ S&P Global and A1 Moody's Investor Service. We are a market leader for our broad diversified income streams, strong underlying underwriting performance with reduced volatility and strong cash flow. We take pride in being known in the industry as nimble, entrepreneurial, and responsive.

This position will be based in our London office with a hybrid schedule that has the option of working two days remotely each week.

Team Overview

Global Specialties is an exciting new division within Everest Reinsurance. The team Underwrites and provides strategic direction across the whole Reinsurance Division for the following classes of business:
  • Engineering and Onshore Energy
  • Aviation
  • Marine
  • Cyber
  • Parametric Solutions
Role Purpose
  • We are seeking a Specialties Underwriter to join our Global Specialties team in London.
  • Play a key part in the profitable development and maintenance of high-profile lead books across Aviation, Engineering, Marine and Energy.
Key Accountabilities

Support the expansion of Global Specialties accounts in line with business plans and underwriting strategy, whilst maintaining a focus on bottom line underwriting profit and delivery of Everest internal plans
  • Develop a sound understanding of the underwriting strategy for areas of responsibility.
  • Maintain a focus on building and strengthening Everest's relationships with Clients and Brokers
  • Actively invest and be able to demonstrate an expansion of underwriting and product knowledge, through dedicated training (internal and external) and working with other underwriters on specific accounts
  • Developing the skills required to managing a portfolio of renewal business, including underwriting & pricing, claims, referral, processing, broker, and client relationship aspects; and servicing any new business request in the same way.
  • Represent Everest at meetings both in the office and during visits to brokers and clients.
  • To liaise with the Claims, Finance and Actuarial teams where necessary
  • Business travel as required to support the above objectives, and the appropriate management of T&E expenses.
Professional Experience:
  • Relevant Reinsurance experience gained from either a Reinsurer or Broker
  • Working towards a professional qualification
  • Educated to degree level
Skills & Abilities:
  • Knowledge of one or more of the Global Specialty lines of business
  • Strong numeracy and Excel skills
  • Excellent marketing skills are required to develop and maintain relationships with clients and brokers.
  • Strong interpersonal and analytical skills and the ability to flourish in a collaborative environment.
  • Self-motivated and independent whilst maintaining underwriting discipline to achieve strategic objectives.
  • Ability to stay organised within a fast paced, team orientated and high intensity work environment with the ability to effectively prioritise tasks.
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 behaviours. Click here to learn more about our culture.
  • Our Values are the guiding principles that inform our decisions, actions and behaviours. 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. Diversity, Equity, and Inclusion.
  • Our Colleague Behaviours 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 behaviours 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:
London

Additional Locations:

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