Job Info
Title:
Vice President, Corporate Underwriting
Company:
Everest Insurance Company
Job Category:
Underwriting
Job Description:
About Everest:
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years 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.
About the Role:
Everest Insurance, a member of The Everest Group, Ltd., is seeking a Vice President of Corporate Underwriting that can reside in either Warren, NJ, Philadelphia, PA, or New York, NY.
This position ultimately supports Everest Insurance's® Chief Underwriting Officer in building a world class underwriting organization through development and execution of governance framework focused on underwriting excellence.
Responsibilities include but are not limited to:
- Audit Management: Supports the management and buildout of the UW Audit process within Everest National-cycle management/schedule management, audit recommendations process and guidelines. Develops analytical database and system to provide trend analysis by business unit within the insurance group.
- New Product Development: Assists in new product develop oversight and pipeline reviews working with product line leadership and field underwriters.
- Authority Management: Assists in development and updates of corporate authority template and leads implementation efforts to develop an analytical database to review authority levels and triggers. Develops a corporate underwriting referral log database to track corporate referral trends and analytics.
- Emerging Risks: Establish a process for product board and senior management reviews of emerging risk exposures.
- Operational Support: Review current Insurance Group workflows and provide corporate underwriting guidance to operations on policy issuance workflow efficiency improvements where needed.
- Portfolio Management: Drive optimal portfolio management strategy delivering sustainable profitable growth to the organization and by helping to enhance the use of data and analytics to improve risk selection and portfolio management. Providing strategic guidance and support on key underwriting and growth initiatives.
- Operational Support: Review current insurance group workflows and provide corporate underwriting guidance to operations on policy issuance, raters and workflow efficiency improvements where needed. Facilitating continuous improvement of underwriting processes for efficiency, quality and compliance. Provides support to corporate underwriting SharePoint/Intranet materials as needed.
- Special Projects/Underwriting Guidelines: Develop, administer and monitor underwriting rules and guidelines collaboratively working with product line leadership and underwriters as needed. Work on special projects as assigned.
Work Experience and Qualifications
- Bachelor's degree - Insurance certifications (CPCU, ARM, FCAS, etc.) preferred.
- 15+ years of insurance underwriting experience.
- Strong Casualty technical skill set required, including experience with loss sensitive and alternative risk sharing structures. International Casualty experience a plus.
- Strong problem-solving analytical skills. Ability to drive data analytics and make appropriate correlations on results. Throughout the organization. Strong computer skills.
- Ability to manage multiple projects and timelines across a variety of stakeholders to meet target deliverable deadlines.
- Strong communications skills both written and oral. Ability to concisely provide executive summaries to senior management as needed.
- Experience in corporate governance and controls management including exposure to a wide variety of systems.
- Wide variety of assignments in operational workflow reviews and systems a plus.
- Experience in corporate governance controls and supporting infrastructure.
- Strategic, collaborative, growth oriented.
- Well organized with relentless attention to detail.
- Self-motivated.
- Ability to work both independently and collaboratively in a team environment.
- High sense of urgency.
- Action oriented and strong work ethic.
- Intellectual curiosity to delve into various business problems.
For NYC Only: The base salary range for this position is $230,000 - $290,000 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:
Warren, NJ
Additional Locations:
New York, NY, Philadelphia, PA
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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