Underwriter
5 months ago
Title:
Underwriter
Company:
Everest Reinsurance Company (Canada)
Job Category:
Underwriting
**Job Description**:
It’s an exciting time for Everest Re Group, Ltd. (“Everest”) As we continue on 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 nearly 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 $10.5 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.
Everest Reinsurance Company, a member of Everest Re Group, Ltd., has an opportunity available for an Underwriter in our Canadian Treaty Department. If you have experience in underwriting Property, Casualty and/or Specialty business, this could be an excellent opportunity to develop and grow your professional career with a highly-rated global leader in the reinsurance industry.
Working in a collaborative, fast-paced environment you will analyze, maintain and manage treaty accounts for large national, middle-market and regional insurance carriers.
Responsibilities include but not limited to:
- Underwriting and managing both excess of loss and proportional treaty reinsurance business within guidelines on an on-going basis.
- Developing and maintaining relationships with national and regional reinsurance brokers and clients in coordination with senior management.
- Prospecting, cultivating and producing new business.
- Interacting and collaborating with all functional areas of the company including actuarial, contract wording, finance, law and claims departments.
- Market Everest Re to reinsurance brokers and current/prospective clients through production calls, attending industry events and participation in conferences/seminars.
- Scheduling, organizing and conducting underwriting audits for both new and existing accounts.
- Monitoring account performance.
- Maintaining an understanding of all current issues affecting the insurance and reinsurance industries across all lines of business.
- Participate in annual planning process and development of Departmental goals.
Qualifications, Education & Experience:
- A bachelor’s degree and a minimum of 3 - 5 years of underwriting experience; reinsurance, portfolio management or program underwriting experience is strongly preferred.
- Prior experience underwriting Property, Casualty and/or Specialty business is required.
- CIP is highly recommended.
- Experience in the analysis and understanding of reinsurance contract terms and conditions is preferred.
Knowledge, Skills & Competencies:
- Excellent marketing skills are mandatory to develop and maintain relationships with reinsurance intermediaries and clients.
- Strong interpersonal, analytical and report writing skills and the ability to flourish in a collaborative team environment.
- Ability to develop proficiency with company specific electronic filing and automated processing systems to analyze, document, manage and business.
- Be self-motivated and independent while maintaining underwriting discipline to achieve strategic objectives.
- Ability to stay organized within a fast paced, team-oriented, and high intensity work environment with the ability to effectively prioritize tasks.
- Ability to travel 30-35%
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