Senior Reinsurance Underwriter / Warren, NJ (HQ)
About The Position
About Everest: Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world. About the Role: Everest Reinsurance Company, a member of the Everest Re Group, Ltd. is currently looking for an Associate Underwriter to join our International Reinsurance Division in the Warren, New Jersey office. If you have a property and/or casualty underwriting background, this could be an excellent opportunity to join a highly rated global leader in the reinsurance industry and contribute to its profitable growth. Working in a collaborative, fast-paced environment, you will be responsible for underwriting and managing a portfolio of proportional and non-proportional reinsurance treaties for ceding companies in the Middle East and Africa. Our ideal candidate should possess very strong analytical and interpersonal skills, a global perspective, and be enthusiastic about international travel; fluency in French or Arabic will be considered a plus.
Requirements
- A Bachelor’s Degree in business, insurance, or related field is preferred
- A minimum of 5 years of experience working as an Underwriter in the insurance/reinsurance industry with a property and/or casualty background
- Very strong analytical and technical skills including the ability to interpret catastrophe modeling and actuarial methodologies
- Excellent communication (verbal and written), interpersonal, and negotiating skills
- Very strong computer skills; adept at using Microsoft Suite with advanced Excel skills
- Ability to develop proficiency with the company specific electronic filing and various processing systems to analyze, document and manage business
- Ability to stay organized and effectively prioritize tasks within a fast paced, team-oriented, and high intensity work environment
Nice To Haves
- Fluency in French or Arabic would be ideal but not required
- enthusiastic about international travel
Responsibilities
- Underwriting and managing both excess of loss and proportional treaty business as per Everest Re’s underwriting guidelines and delegated authority levels
- Making sound underwriting decisions, demonstrating appropriate underwriting skills and judgment that will achieve targeted profitability objectives
- Targeting profitable new business opportunities in the Middle East and Africa region
- Utilizing all internal underwriting, pricing and cat modeling tools
- Developing and maintaining strong relationships with ceding companies and reinsurance brokers, and providing exceptional level of service
- Planning and participating in marketing trips to the Middle East and Africa
- Maintaining an understanding of key markets in the Middle East and Africa as well as current issues/trends affecting the insurance and reinsurance industries in general
- Adhering to internal and external compliance guidelines and maintaining proper file documentation
- Interacting and collaborating with all functional areas of the company including corporate underwriting, actuarial, claims, accounting, and contract wording
Benefits
- health insurance coverage
- an employee wellness program
- life and disability insurance
- 401k match
- retirement savings plan
- paid holidays
- paid time off (PTO)
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
1,001-5,000 employees
