Underwriting Assistant

3 weeks ago

London, United Kingdom Everest Re Group, Ltd. Full time

Title:
Underwriting Assistant - Marine

Company:
Everest Advisors (Uk), Ltd.

Job Category:
Underwriting

**Job Description**:
Who are we?

Everest is a leading global Reinsurance and Insurance organisation with extensive product and distribution capabilities, a strong balance sheet and an innovative culture. Throughout our history, Everest has maintained its discipline and focus on creating long term value through Underwriting excellence and strong risk and Capital Management.

Everest Insurance International is a fast-growing division of Everest Insurance, which expanding into new geographies and classes of business. At Everest, we believe that our future is determined by the actions we take today. Actions that go beyond business strategy and encompass the values important to our employees and the communities in which we operate. Everest’s value commitments include: providing an inclusive work environment that offers employees the opportunity to further their development, supporting our communities through the donation of time and financial resources, maintaining our integrity across all aspects of the group, and being an industry innovator to solve global complex risks.

Why join?

As an Everest Underwriting Assistant you will sit with and support the Underwriters within the Marine department whilst working as a member of the Operations Underwriting Support team to deliver accurate risk, record keeping and reporting.

At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our Underwriting Assistants with genuine fast track underwriting opportunities.

This position will be based in our London office with a hybrid schedule of working two days remote each week.

Key responsibilities:
- To summarize slip terms and conditions, calculate premiums and exposures and ensure complete accurate entry of submissions, quotes, risks, endorsements, and transactions to the Everest Underwriting System(s) so as to ensure correct management, statistical and regulatory reporting. Perform as required the necessary data checks to ensure accuracy of underwriting data ensuring they are accurately entered within our systems.- Store all risk information and correspondence onto the document repository to ensure a complete and accurate audit trail of all substantive business activity.- Ensure that all relevant underwriting information is included for the peer review, risk entry and data checking review process within the designated timeframe. Underwriting information submitted electronically to be indexed and updated as appropriate within specified timeframes.- Maintain tools containing key underwriting information to facilitate compliance sanctions, fraud and financial crime checks pre bind and monitoring post bind.- Assist underwriters’ during the underwriting process, production of management information, business development and marketing.- Provide administrative support to Underwriters and the Operations team in areas including credit control, data quality and training.- When necessary, provide support to Underwriting teams within other classes of business.- Any other ad hoc tasks as defined and agreed with the Operations Coordinators and the Operations Manager.- All functions to be performed in accordance with Everest target operating model, policies and specific procedure manuals, as amended from time to time.

Skills & experience:- Logical, analytical and resourceful.- Excellent attention to detail.- Confident and will act with urgency.- Ability to review complex information and retain knowledge.- Good organisational skills.- Good communication skills.- Ability to follow through on tasks/projects.- Must be able to work alone but also contribute as part of a team.

Competencies:
- The role holder will be required to embrace the Everest Core Values: Collaboration, Thoughtful Assumption of Risk, Execution, Humility and Leadership- The Everest Core Values are the foundation upon which we (a) conduct our work, and (b) conduct ourselves both internally with our colleagues, and externally with clients/customers- The Company's success and that of our employees begins with these values. All employees are expected to support and exhibit these values in their interactions with others and through their day-to-day responsibilities

Type:
Regular

Time Type:
Full time

Primary Location:
London

Additional Locations:

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