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About the Role
Everest is a global leader in risk management with over 50 years of experience. We are seeking a Surety Underwriter to assist the Surety team in maintaining and expanding a profitable Surety account in accordance with Line of Business (LOB) business plans, focusing on bottom-line underwriting profit.
Responsibilities
- Assist the Surety team in maintaining and expanding a profitable Surety account.
- Maintain a focus on bottom-line underwriting profit for the company.
- Monitor and stay updated on changes in underwriting, regulation, and compliance.
- Underwrite in compliance with Everest prescribed underwriting standards and authorities.
- Refer risks exceeding prescribed underwriting authority as appropriate.
- Represent Everest at meetings and during visits to brokers and customers.
- Assist in developing and maintaining existing client and broker relationships and developing new ones.
- Liaise with the Claims Manager and Head of International Surety on claims-related issues.
- Participate in account and management reviews.
- Contribute to the regular analysis and review of underwriting practices and procedures.
- Participate in the underwriting peer review process at weekly underwriting meetings.
- Assist in improving Everest Surety’s management information systems, rating models, underwriting manuals, service standards, marketing materials, website, and risk management and claims functions.
- Enhance the profile of Everest Insurance among Surety brokers and customers, primarily in the European market.
Requirements
- Previous experience within an Underwriting / Credit role.
- Good technical knowledge of Surety and/or banking business.
- Judgement / decision making skills – ability to use logic, rationality, and objectivity in decision making.
- Risk taking – ability to take calculated risks with favorable outcomes.
- Excellent negotiation skills.
- Compliance – ability to ensure compliance with all internal and external management and regulatory controls.
- Solid market and product knowledge – maintain and develop market knowledge including competitor profiles and products.
- Relationship building – ability to establish and maintain excellent relationships both internally and externally.
Skills
- Underwriting
- Credit
- Surety
- Banking
- Decision Making
- Negotiation
- Compliance
- Market Knowledge
- Product Knowledge
- Relationship Building
Location
- London
Work Type
- Hybrid
- Regular
- Full time
About the Company
- 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.
- 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. 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.
Equal Opportunity
- 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.