Job Info
Title:
Senior Underwriter, Private Company
Company:
Everest Insurance Company
Job Category:
Underwriting
Job Description:
About Everest
Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Europe, Bermuda, Canada, 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
Job Summary:
The Senior Underwriter of Private Company will analyze and underwrite new and renewal business in a market facing position, regularly interacting and working with brokers and clients in the industry. The role involves maintaining their book of business to ensure profitable growth while adhering to Everest underwriting guidelines and standards and delivering our products and services in a high quality, time efficient manner.
Key Responsibilities:
- Support the growth of a profitable and diversified portfolio including D&O, EPL, Fiduciary and Crime lines of business.
- Demonstrate a complete understanding of the company's underwriting authorities and guidelines.
- Solicit and analyze new business targets to align with the group's underwriting guidelines while maintaining portfolio profitability.
- Underwrite and execute renewals maintaining high quality service standards while being cost-effective.
- Develop and maintain positive business relationships with brokers and clients.
- Assist in the development of products and marketing materials.
- Interact and coordinate activities with other departments (in particular, management, claims, actuary).
- Contribute to the regular analysis and review of underwriting practices and procedures.
- Provide assistance and support to other members of the underwriting team when necessary.
Preferred Qualifications:
- Bachelor's degree in Finance, Business Administration, or a related field.
- 3-5+ years of Financial Lines underwriting experience, demonstrating subject matter expertise and strong industry contacts.
- Excellent analytical and computer skills along with the ability to underwrite financial stability.
- Knowledge of the current D&O insurance market and broker community.
- Strong negotiation, oral and written communication skills along with interpersonal skills.
- Ability to maintain excellent broker relationships and provide high quality service.
- Ability to ensure compliance with all internal and external management and regulatory controls.
- Strong time management and problem-solving skills to meet all service requirements in a fast-paced, dynamic environment.
For NYC Only: The base salary range for this position is $115,000 - $160,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location
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. Click here to learn more about our culture.
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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. Diversity, Equity and Inclusion.
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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.
#LI-Hybrid
#LI-AS1
Type:
Regular
Time Type:
Full time
Primary Location:
New York, NY
Additional Locations:
Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com.
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