Head of Construction | London, UK

It is an exciting time for Everest Re Group, Ltd. ("Everest")! As we continue our journey, we see significant opportunity ahead of us to expand our reach, broaden our perspectives and enhance our capabilities in critical markets.

Everest is a leading global reinsurance and insurance provider, operating for over 50 years through subsidiaries in the Bermuda, Canada, Europe, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organisation is our people.

At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfil them, including:

• Generous tuition/continuing education reimbursement
• Mentoring opportunities
• Flexible work arrangements
• Talent development initiatives
• Networking groups

This position will ideally be based in either Paris, Madrid or London, but we will consider other locations where we have a presence. We operate a hybrid schedule that has the option of working two days remotely each week.

Role Purpose: In this role you will report into the International Head of Energy & Construction and will be responsible for driving our expanding Construction proposition and strategy across Everest International Insurance (EII), whilst maintaining a focus on bottom line underwriting profit and delivery.

Core Responsibilities:

• Lead the strategic direction and profitable growth of the EII Construction Portfolio, developing underwriting guidelines and collaborating with colleagues to formulate strategies and identify growth opportunities tailored to regional markets.
• Assist in driving collaboration and integration of Everest Insurance International and North American Construction portfolios.
• Collaborate with the Head of Risk Engineering to develop risk assessment criteria.
• Work with the Actuarial team to develop and refine pricing tools for the various construction segments and monitor portfolio performance against pricing expectations.
• Cultivate and sustain effective relationships with key brokers and clients.
• Collaborate and coordinate activities with other departments (e.g. Claims, Loss Control, and Accounting).
• Identify and drive opportunities for process improvement and efficiency, recommending and implementing new procedures and programs as needed.
• Working alongside the Head of Energy and Construction and Ceded Re with respect to the E&C Reinsurance Treaty structure and execution.

Skills & Abilities: To be effective in the role you must have:

• Held Senior Global Underwriting roles, with experience in Industrial and Civil Infrastructure Construction Projects across International marketplaces.
• A technical background in both EAR and CAR.
• An understanding of related Construction classes such as Project Cargo, Liability, Project PI and Surety.
• Ability to represent Everest's cross class capabilities when considering strategic construction opportunities.
• A proven ability to thrive within complex, matrixed organisations, effectively navigating and collaborating across multiple functions and levels.
• Demonstrated expertise in establishing and nurturing effective relationships with brokers, clients and stakeholders.
• Successfully navigated teams through change, fostering resilience and adaptability, while cultivating a high performing collaborative environment.
• Demonstrated an ability to take calculated risks, consistently achieving favourable outcomes.
• Excellent negotiation skills.
• Strategic acumen in identifying opportunities and threats through thorough analysis of current and future trends, with an ability to comprehend the big picture.
• Exceptional judgment and decision-making skills, utilising logic rationality and objectivity to make informed decisions.
• Expertise in ensuring compliance with all internal management, regulatory controls, and external regulations.

Everest Values and Behaviours: Our recruitment practices assess candidates' behaviours, competences, and capability to ensure they are fit to fulfil their roles and carry out their duties with a high degree of integrity and commitment. Through our organisation values and colleague behaviours, we encourage cultivating a positive ethical culture, meeting our regulatory requirements and conduct standards by ensuring clear lines of responsibility, accountability, and a focus on fair customer outcomes.

This includes all staff complying with the PRA/FCA SM&CR Conduct Rules, at all times. The Conduct Rules are as follows: to act with integrity, to act with due skill, care and diligence, to be open and co-operative with the FCA, the PRA and other regulators, to pay due regard to the interests of customers and treat them fairly, to observe proper standards if market conduct, and act to deliver good outcomes for retail customers.

Our values are the ideals we aspire to so that we can live up to the promise of our brand and underwrite opportunity for all our stakeholders. They are the guiding principles that inform our decisions, actions, and behaviours. The role holder will be required to embrace the Everest Core Values: Talent, Thoughtful assumption of risk, Execution, Efficiency, Humility, Leadership, Collaboration, Diversity, Equity, and Inclusion.

Our behaviours define how we operate: Respect Everyone, Pursue Better, Lead by Example, Own our Outcomes, and Win Together. All colleagues are held accountable for embodying our behaviours and are evaluated on these as part of their performance.