Cyber Underwriter

Company:

Everest Advisors (Uk), Ltd.

Job Category:

Underwriting

Job Description:

About Everest:

Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

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

Role Purpose:

• To support the development, marketing, relationship management (both client and broker) of our Cyber relationships and portfolio.
• Build and expand the UK and Ireland Cyber portfolio(s) in line with Everest International plans and underwriting strategy, whilst maintaining a focus on bottom line underwriting profit and delivery of Everest International plans.

Key Accountabilities:

• Working within the authority granted, writing a profitable book of Cyber business per the Everest International Underwriting guidelines.
• To refer as appropriate risks exceeding prescribed underwriting authority.

• Expand and maintain existing Broker relationships along with other sources of distribution. Developing new relationships, where this is consistent with the objectives set in the Business Plan.

• Strategically collaborate with underwriting and distribution leaders across all Everest products with respect to Cyber risk and products.

• To liaise with the Claims Manager on claims related issues and participate in account and management reviews, as required.
• To participate in the underwriting peer review process at weekly and monthly underwriting meetings, as required.
• To contribute to the regular analysis and review of underwriting practices and procedures.

• To assist as required in the improvement of the management information systems, service standards, marketing materials, website and risk management and claims functions connected to the Everest Cyber practice.

• Effectively communicate with management on all issues both within and outside the Unit as needed.

• Marketing Everest International in the UK & Ireland through contributing to articles and representing Everest at conferences as speaker or panel member.
• Collaborate with Everest colleagues in the International office locations, as well as in North America.

Professional Experience:

• Good understanding of underwriting in the UK and European insurance marketplaces.
• In-depth knowledge and experience of Underwriting Cyber insurance products.
• Knowledge of relevant laws and regulations.

Skills & Abilities

• Strategic skills – determines opportunities and threats through comprehensive analysis of current and future trends. Comprehends the big picture.
• Judgment / decision making skills – ability to use logic rationality and objectivity in decision making.
• Risk taking – ability to take calculated risks with favorable outcomes. Excellent negotiation skills.
• Compliance – ability to ensure compliance with all internal and external management and regulatory controls.
• Excellent market and product knowledge – maintain and develop market knowledge including competitor profiles and products.
• Relationship building – ability to establish and maintain excellent relationships both internally and externally.
• Leadership skills – ability to provide clear vision and strategy. Align, empower, and influence others through ideas, encouragement, and insight.

What if I don't meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn't align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

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 behaviors.

• Our Values are the guiding principles that inform our decisions, actions and behaviors. 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. Inclusion and Belonging.
• Our Colleague Behaviors 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 behaviors 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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