Job Description:
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.
Job Detail
Industry Practices has been created to deliver market leading multiline solutions for specific high performing industry verticals. Our specialist underwriting team is building a bespoke client centric proposition tailored for the Technology Industry and is supported by claims and specialist risk engineering.
We are looking for a multiline Senior Underwriter who wishes to specialise in the exciting Technology sector and help grow the International Technology Practice.
Responsibilities
- Support the expansion of the International Technology Practice in line with Syndicate and Company platform plans and underwriting strategy, whilst maintaining a focus on bottom line underwriting profit and delivery of both Syndicate and Everest internal plans with a specific focus on General Liability (PL/Products), Employers Liability, Technology Professional Indemnity, Cyber and Property.
- Actively participate in the building and execution of the Industry Practice plan.
- Develop and broker & customer relationships and developing new relationships, where this is consistent with the objectives set in the Business Plan
- Actively invest and be able to demonstrate an expansion of underwriting and product knowledge, through dedicated training (internal and external) and working with other underwriters on specific accounts.
- Have the skills required in managing a portfolio of new business and eventually Renewals including underwriting & pricing, referral, processing, broker and client relationships; and servicing.
- Represent Everest at meetings both at the Lloyd’s box, in the office and during visits to brokers, Coverholders and other customers as required.
- To refer as appropriate risks exceeding prescribed underwriting authority
- To monitor all relevant portfolio KPIs for own portfolio of accounts and support the Head of Technology across the broader portfolio.
- To liaise with the Claims Manager and the wider claims team on claims related issues.
- Work with the actuarial team to effectively price individual risks and add influence to our rating process and dedicated rating models.
- Collaborate with Risk Engineering to deliver bespoke added value services.
- To participate in the underwriting peer review process at the weekly and monthly underwriting meetings, as required.
- To ensuring all processing and MI is up-to-date in respect of any individual accounts
- To monitor and keep abreast of changes in underwriting, regulation and compliance.
- To assist in the improvement of rating models, underwriting manuals, service standards, marketing materials, website as required
- Underwrite in compliance with Lloyd’s and Everest prescribed underwriting standards.
- Business travel as required to support the above objectives, and the appropriate management of T&E expenses.
Experience, Skills & Competencies
- Extensive Underwriting experience as well as good technical knowledge of International Technology business.
- Knowledge or wholesale and retail business
- ACII qualified or significant progress towards.
- Strategic skills – show an ability to determine opportunities and threats through comprehensive analysis of current and future trends that may impact our business.
- Judgment / decision making skills – shows ability to use logic, rationality and objectivity in decision making
- Risk taking – show the ability to develop a sound underwriting view to take calculated risks with favourable outcomes.
- Compliance – ability to understand and ensure compliance with all internal and external management and regulatory controls, with appropriate support.
- Market and product knowledge – ability to maintain and develop market knowledge including competitor profiles and products
- Relationship building – developing ability to establish and maintain sound relationships both internally and externally.
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 hereto 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.
