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About the Role
The US Casualty/Professional Facultative Department of Everest Reinsurance Company is looking for a Senior Cyber/Errors and Omission Facultative Underwriter to join our NYC or Warren NJ office.
Responsibilities
- Actively manage and drive business with a focus on Cyber and E&O business (A&E, Misc., Lawyers, Agents/Brokers, and Real Estate/Title) with some D&O (public/private)
- Analyze new business for risk profitability by reviewing underwriting, claims, and financial data
- Underwrite renewal business according to current underwriting approach and philosophy in a service-oriented environment
- Develop and maintain positive business relationships with ceding company underwriters and reinsurance intermediaries, including soliciting new business opportunities
- Assist in the development and coordination of production and marketing efforts
- Collaborate with all functional areas of the company including claims and accounting to support company objectives
- Assess and communicate competitive factors in the marketplace related to our corporate underwriting portfolio to the Everest Reinsurance Underwriting Team and Senior Management
- Work under minimal supervision
- Be willing to travel
Requirements
- Minimum of 5 years of Professional Liability underwriting experience
- Demonstrate subject matter expertise and strong contacts within the industry
- In-depth knowledge of the US insurance and reinsurance markets
- Solid negotiation skills
- Ability to maintain excellent relations with brokers and ceding company underwriters/managers and provide superior service
- Team oriented and ability to work effectively with peers
- Strong prioritization skills to meet daily demand and deadlines within a fast-paced, team-oriented, and high-intensity work environment
Skills
- Strong oral and written communication skills
- Ability to provide concise and cogent reports, referrals, and summaries to senior management
- Excellent analytical skills
- Excellent computer skills
- Demonstrated ability to use data analytics and make appropriate conclusions based upon results
- Strong interpersonal and social skills
- Strong negotiation skills
- Strong written communication skills
Location
- New York, NY
- Warren, NJ
Work Type
- Hybrid
- Regular
- Full time
Experience Level
- Senior
Education Level
- BA/BS degree
- Advanced degree a plus
Salary/Compensations
- $119,000 - $150,000 annually
Benefits
- Health insurance coverage
- Employee wellness program
- Life and disability insurance
- 401k match
- Retirement savings plan
- Paid holidays
- Paid time off (PTO)
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
- 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.