Reinsurance Underwriter

5 months ago

London, United Kingdom Everest Re Group, Ltd. 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 econo

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