Vice President, Property Facultative Underwriter

Everest•New York, NY

1d•Hybrid

About The Position

Everest is a global leader in risk management with a 50+ year heritage. We are underwriters of risk, growth, progress, and opportunity, focused on disciplined capital allocation and long-term value creation. Everest has established itself as one of the foremost facultative markets in the United States and is currently seeking a VP of Property Facultative Underwriter to support this. The role involves building and maintaining direct and intermediary business relationships, cultivating, underwriting, and binding opportunities at your discretion. Responsibilities include managing a team of underwriters in Chicago, New York, and Warren, NJ; underwriting and managing a substantial portfolio of national risks across various occupancies through broker and direct channels, covering pro rata and excess structures; developing new business opportunities to achieve company growth and profitability goals; collaborating with actuarial, contract wording, accounting, law, and claims departments; adhering to pricing and selection standards; maintaining awareness of competitor capabilities and strategies; acting as a referral approver once underwriting authority is obtained; assisting in developing junior staff; marketing and travel; managing risk on a portfolio basis; and assisting with the improvement of underwriting processes and procedures.

Requirements

Experience as a senior underwriter with 10+ years of experience.
Experience managing a team in a fast-paced environment.
The ability to interpret catastrophe modeling and actuarial methodologies and output.
Knowledge of attritional loss costs.
Strong decision-making skills
Extensive knowledge and experience underwriting profitable portfolios.
Highly collaborative and able to work effectively across the organization as well as with external stakeholders.
Ability to adapt and embrace change, solutions driven.
Tenacity and decisiveness, with the courage to take risks.
Strong interpersonal skills and demonstrates respect for the opinions of others.
Collaborate with internal and external customers, stakeholders, and senior leaders and executives
Take initiative and have an entrepreneurial spirit
Be consultative providing innovative reinsurance solutions.
Capable of managing a large portfolio.

Nice To Haves

Bachelor's degree preferred.
Facultative experience is a plus.
Middle Market, Large General Property, Complex Risk and Boiler & Machinery underwriting experience preferred.
Established relationships with brokers and direct markets preferred.

Responsibilities

Manage a team of underwriters located in Chicago, New York and Warren, NJ.
Underwriting and managing business within guidelines on an on-going basis.
Handle and underwrite a substantial portfolio of national risks across various occupancies.
Develop new business opportunities in order to achieve company goals for growth and profitability.
Interact and collaborate with all functional areas of the company including actuarial, contract wording, accounting, law and claims departments.
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.
Flexibility to market and travel.
Assist with managing risk on a portfolio basis.
Assist with improvement of underwriting processes and procedures.