Everest Reinsurance

Title:

AVP Treaty Property / Warren, NJ, New York City, Philadelphia or Stamford, CT

Company:

Everest Reinsurance Company

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 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

Everest is a growth company with $14 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 two opportunities available for underwriters in our US Treaty Property Department.

This position will be based in the United States and will report into our Warren, NJ Office. This position can be based in any of our regional offices (Warren, NJ; New York City; Philadelphia, PA; or, Stamford, CT).

If you have Underwriting or Brokerage experience in Property and/or Marine and Energy business, preferably as reinsurance, 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 London and Bermuda market experience an asset but not required.

Responsibilities will include:

• 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, regional, and international 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, accounting, 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;
• Participate in annual planning process and development of Department goals;
• Provide guidance to more junior underwriters regarding the Company's corporate mission, culture, performance goals, profitability, and technical underwriting.

Qualifications:

• A Bachelor’s degree and a minimum of 5-10 years of reinsurance underwriting and/or reinsurance brokerage experience;
• Solid negotiation and communication skills
• Excellent analytical skills
• Experience in the analysis and understanding of reinsurance contract terms and conditions is preferred;
• 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;
• Adept at utilizing commercial office software applications (such as Microsoft Office);
• 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 approximately 25%, primarily domestic. Ability to travel internationally preferred but not required.

For NYC Only: The base salary range for this position is $195,000-$225,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location.

LI-Hybrid

LI-RS1

Type:

Regular

Time Type:

Full time

Primary Location:

Warren, NJ

Additional Locations:

New York, NY, Philadelphia, PA, Stamford, CT

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@everestre.com.