Warren Township, New Jersey

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 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. 

 

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 $10.5 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.

 

Although we are currently in the North American market, we see great opportunity to expand our markets.  To support this, we are currently looking for a Vice President of Property Facultative Underwriting.

 

Responsibilities include but are not limited to:

  • Manage and underwrite a large book of national risks over various occupancies through the broker channel on a pro rata and excess basis.

  • Develop new business opportunities in order to achieve company goals for growth and profitability.

  • Work with all functional areas of the company including claims, accounting, actuarial and product management to support company objectives.

  • Adhere to pricing and selection standards that supports strategic objectives and achieve desired financial goals.

  • Maintain awareness of competitor capabilities and strategies, as well as the overall insurance marketplace.

  • Referral approver once underwriting authority is obtained.

  • Assist in developing junior staff.

  • Assist with managing risk on a portfolio basis.

  • Assist with improvement of underwriting processes and procedures.

 

Experience and Qualifications

  • Bachelor's degree preferred.

  • Experience as a senior underwriter with 10+ years of experience focusing on property facultative underwriting.

  • Large general property, complex risk and B&M underwriting experience preferred.

  • Flexibility to market and travel up to 20%.

  • The ability to interpret catastrophe modeling and actuarial methodologies and output.

  • Must possess established relationships with brokers and direct markets.

  • Capable of managing a large portfolio.

  • Knowledge of attritional loss costs.

  • Strong decision-making skills.

 

COVID-19 Vaccine Mandate for US and Canada Employees Only:

Everest requires all individuals hired into this position to be fully vaccinated and provide proof of vaccination prior to commencement of employment, unless the Company has granted an exemption. 

Warren Township, New Jersey

Everest is a world leader in property and casualty reinsurance and insurance, offering innovative products, responsive service and unsurpassed financial strength. Everest Reinsurance Company underwrites virtually all classes and categories of business in treaty, facultative and specialty lines, both through brokers and directly with ceding companies. Primary insurance products and services are available through several subsidiary operations including Everest National Insurance Company, Everest Indemnity Insurance Company and Everest Insurance Company of Canada. Everest professionals, working from several office locations around the world, have the technical expertise and market knowledge to produce tailored solutions precisely fitted to customer needs. Explore Everest through this web site. Begin to experience the capabilities that make Everest stand out in today's market.

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