Vice President, Property Facultative Underwriter
About The Position
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. Everest has established itself as one of the foremost facultative markets in the United States. To support this, we are currently looking for an VP of Property Facultative Underwriter.
Requirements
- Bachelor's degree preferred.
- Experience as a senior underwriter with 10+ years of experience.
- Experience managing a team in a fast-paced environment.
- Facultative experience is a plus.
- The ability to interpret catastrophe modeling and actuarial methodologies and output.
- Middle Market, Large General Property, Complex Risk and Boiler & Machinery underwriting experience preferred.
- Established relationships with brokers and direct markets preferred.
- Capable of managing a large portfolio.
- 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
Nice To Haves
- 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.
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
Senior
Number of Employees
501-1,000 employees
