At a Glance
- Tasks: Underwrite and manage a significant book of Casualty and Professional Lines Treaty business.
- Company: Join Everest Advisors, a leading global reinsurance and insurance provider with a strong focus on innovation.
- Benefits: Enjoy flexible work arrangements, generous tuition reimbursement, and dynamic professional development opportunities.
- Why this job: Gain exposure to large accounts and collaborate with talented individuals in a supportive team environment.
- Qualifications: Degree level education required; experience in underwriting Casualty and Professional Lines preferred.
- Other info: Hybrid work schedule allows for two remote days each week.
The predicted salary is between 43200 - 72000 £ per year.
About Everest: Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.
The Opportunity: We are seeking a Casualty Treaty Underwriter to play a key part in contributing to the profitable development and maintenance of a high-profile lead book of Casualty & Professional Lines Treaty business for UK, London Market and Global clients. A great opportunity to join an established leading team in the London Market working with many talented individuals. You will have exposure to large accounts in a lead capacity giving you the opportunity to learn, network and develop at Everest. This position will be based in our London office with a hybrid schedule that has the option of working two days remotely each week.
Responsibilities:
- Maintain, develop, and profitably underwrite a significant book of Casualty and Professional Lines Treaty business for Domestic, Lloyd’s and Global clients.
- Assess the suitability of risks considering cycle and exposure management and above all profitability.
- Maintain a focus on building and strengthening Everest’s relationships with clients and brokers.
- Prospect, cultivate, and produce new business.
- Interact and collaborate with all functional areas of the company including actuarial, contract wording, finance, legal and claims departments.
- Market Everest to reinsurance brokers and current/prospective clients through production calls, attending industry events and participation in conferences/seminars.
- Schedule, organize, and conduct underwriting audits for both new and existing accounts.
- Monitor account performance and assist with accumulation management.
- Maintain an understanding of all current issues affecting the insurance and reinsurance industries as well as Casualty and Professional Lines business.
- Participate in the annual planning process and development of department goals.
- Provide guidance and mentoring to junior underwriters regarding the Company’s corporate mission, culture, performance goals, profitability, and technical underwriting.
- Collaborate with colleagues in London and throughout the group demonstrating teamwork.
Experience, Skills & Competencies:
- Experience underwriting, or moving towards authority, Casualty and Professional Lines of business in the London reinsurance market.
- Experience in the analysis and understanding of reinsurance contract terms and conditions is required.
- Excellent marketing skills are required to develop and maintain relationships with clients and brokers.
- Strong interpersonal, analytical and report writing skills and the ability to flourish in a collaborative team environment.
- Be self-motivated and independent while maintaining underwriting discipline to achieve strategic objectives.
- Ability to stay organized within a fast-paced, team-oriented and high-intensity work environment with the ability to effectively prioritize tasks.
- Educated to degree level is required and ACII is desired.
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 pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors.
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, Diversity, Equity and Inclusion.
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: London
Casualty Treaty Underwriter employer: Everest Re Group,
Contact Detail:
Everest Re Group, Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Casualty Treaty Underwriter
✨Tip Number 1
Familiarise yourself with the London reinsurance market, especially focusing on Casualty and Professional Lines. Understanding the current trends and challenges in this sector will help you engage in meaningful conversations during interviews.
✨Tip Number 2
Network actively within the industry by attending relevant conferences and seminars. This not only helps you meet potential colleagues and clients but also demonstrates your commitment to staying informed about the market.
✨Tip Number 3
Showcase your marketing skills by preparing examples of how you've successfully built relationships with clients or brokers in the past. Being able to discuss specific strategies you've used can set you apart from other candidates.
✨Tip Number 4
Highlight your ability to work collaboratively in a team environment. Prepare to discuss instances where you've contributed to team success, as teamwork is a key aspect of the role at Everest.
We think you need these skills to ace Casualty Treaty Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in underwriting, particularly in Casualty and Professional Lines. Use specific examples that demonstrate your skills in risk assessment and relationship building.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also reflects your understanding of Everest's values and culture. Mention how your background aligns with their focus on underwriting excellence and client relationships.
Showcase Your Analytical Skills: In your application, emphasise your analytical abilities and experience with reinsurance contract terms. Provide examples of how you've successfully assessed risks and contributed to profitable underwriting decisions.
Highlight Team Collaboration: Since the role involves collaboration with various departments, include examples of past teamwork experiences. Illustrate how you’ve worked effectively with others to achieve common goals, especially in high-pressure environments.
How to prepare for a job interview at Everest Re Group,
✨Understand the Role
Make sure you have a solid grasp of what a Casualty Treaty Underwriter does. Familiarise yourself with the responsibilities listed in the job description, such as underwriting Casualty and Professional Lines business, and be prepared to discuss how your experience aligns with these tasks.
✨Showcase Your Analytical Skills
Since the role requires strong analytical abilities, be ready to provide examples of how you've successfully assessed risks and made informed decisions in previous positions. Highlight any relevant experience in analysing reinsurance contract terms and conditions.
✨Demonstrate Relationship-Building Skills
The ability to cultivate and maintain relationships with clients and brokers is crucial. Prepare to discuss specific instances where you've successfully built professional relationships and how you plan to market Everest to potential clients.
✨Emphasise Team Collaboration
Collaboration is key at Everest. Be prepared to share examples of how you've worked effectively within a team, especially in high-pressure environments. Highlight your ability to interact with various departments and contribute to a collective goal.