Everest Reinsurance

Title:

Underwriter / Senior Underwriter - Property

Company:

Everest Insurance (Ireland) Netherlands

Job Category:

Underwriting

Job Description:

It’s an exciting time for 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 market.

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. 

Role Purpose:

• To Support the development, marketing, relationship management (both client and broker) of our growing book of Property business
• Expanding the Property account in line with EIID (Everest Insurance Ireland DAC) plans and underwriting strategy, whilst maintaining a focus on bottom line underwriting profit and delivery of EIID plans

Key Accountabilities:

• Working within the authority granted, writing a profitable book of Property business per the EIID Underwriting guidelines
• Expand and maintain existing broker relationships and other sources of distribution, and developing new relationships, where this is consistent with the objectives set in the Business Plan
• Expanding the current product range to allow Everest to compete with the market leaders in the sector
• Quoting and Leading the placements of Property clients, and effectively managing any specific MGA clients
• To refer as appropriate risks exceeding prescribed underwriting authority
• Develop business through execution of new ideas in addition to utilising all the available Everest resources to grow, develop and maintain a profitable book of Property business
• Procuring business from Dutch market brokers, both existing and those whom EIID does not currently trade
• To liaise with the Claims Manager on claims related issues and participate in account and management reviews
• To participate in the underwriting peer review process at the weekly and monthly underwriting meetings, as required
• To assist with the completion and review of strategic and underwriting guidelines & pricing models
• To contribute to the regular analysis and review of underwriting practices and procedures
• To assist in the improvement of the management information systems, rating models, underwriting manuals, service standards, marketing materials, website and risk management and claims functions
• Ensure that documentation is completed timely and accurately according to EIID standards 
• Effectively communicate with management on all issues both within and outside the Unit as needed
• Marketing EIID in the Netherlands 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 the United States
• To monitor and keep abreast of changes in underwriting, regulation and compliance

CANDIDATE PROFILE

Professional Experience:

• Good understanding of underwriting in the Dutch insurance marketplace
• In-depth knowledge and experience of Underwriting Property 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 
• Staff development – ability to develop, manage, mentor and motivate staff. Ensure staff receive adequate training to maintain their level of competency, as required

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. 

• 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.
• 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:

Rotterdam, Netherlands

Additional Locations:

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