Senior Reinsurance Underwriter / Warren, NJ (HQ)

Title:

Senior Reinsurance Underwriter / Warren, NJ (HQ)

Company:

Everest Reinsurance Company

Job Category:

Underwriting

Job Description:

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.  

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 

Qualifications/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  
• Fluency in French or Arabic would be ideal but not required 
• 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 

#Rs-Hybrid

#Li-Rs1

The base salary range for this position is $116,000 - $135,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. All offers include access to a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).

What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

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 here to 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. Inclusion and Belonging.
• 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. 

Type:

Regular

Time Type:

Full time

Primary Location:

Warren, NJ

Additional Locations:

Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com.

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