Director, Corporate Underwriting - Mortgage or Structured Finance / Warren, NJ

Title: Director, Corporate Underwriting - Mortgage or Structured Finance / Warren, NJ Company: Everest Global Services, Inc. Job Category: Underwriting Job Description: Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Europe, Bermuda, Canada, 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 organization is our people. Everest is a growth company offering Property, Casualty, and specialty products among others, through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service, and customized solutions. Our insurance arm draws upon impressive global resources and financial strength to tailor each policy to meet the individual needs of our customers. 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 fulfill them, including: • Generous tuition/continuing education reimbursement • Mentoring opportunities • Flexible work arrangements • Talent development initiatives • Networking groups Job Summary: Mortgage/structured finance analyst with prior experience in credit risk and cashflow analysis, able to add value in various areas such as new issue and surveillance of structured credit transactions, among other business-related initiatives. Responsibilities include but not limited to: Experienced residential and/or commercial mortgage, structured finance analyst able to support and add value to global underwriting units in the design and structuring of unique reinsurance and insurance structured credit transactions Run and create cash flow models and other analytical resources to support and add value to the pricing and analysis of risk Research/stay abreast of diverse topics such as housing, economy, regulations and mortgage finance related trends to evaluate and explain the risks in underwriting the transactions to internal and external stakeholders Perform aggregation of risk positions and data mining/trend analysis and across exposures in residential and commercial loans and structured credit transactions Perform and create tools/methods for ongoing surveillance/monitoring/accounting of existing business Prepare client and internal management presentations as well as general marketing material Work with brokers and MGA’s to negotiate deal related documentation Process rating agency/counterparty information requests Flexibility on travel required (mainly conferences, diligence meetings, client audits) Qualifications, Education & Experience: 5 years of work experience Pursuit of CFA/FRM/MBA/Actuarial designation is preferred Past work experience at a commercial bank, investment bank, asset manager, REIT, mortgage insurer, financial guarantor, GSE, rating agency preferred Mortgage credit analysis background in at least one of: residential and/or commercial, multifamily, structured finance, structured surety Some knowledge of insurance/reinsurance/capital markets structuring/loss mitigation/capital relief Experience working with MGA’s, brokers preferred Understanding of regulatory capital across risk taking enterprises preferred Knowledge, Skills & Competencies: Able to express complex concepts in clear prose is required Ability to work in a very unstructured environment on multiple transaction/deliverables is required Self-motivated and team player; ability to take initiative and work with minimal supervision and interact across the organization as well as with external counterparties is required A creative problem solver – ability to analyze diverse, complex problems to understand transaction related risks/intricacies as well as ability to propose solutions is required Experience with R, VBA,SQL, and other programming languages is helpful Excel modeling/data mining skills, attention to detail is required Word, PowerPoint is required Research background helpful #LI-RS1 #LI-Hybrid 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. 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: 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. Everest U.S. Privacy Notice | Everest (everestglobal.com) Beware of recruitment fraud Please be cautious of phishing scams involving fake Everest job postings and individuals posting as Everest representatives making phony job offers. Always verify the identity of the recruiting professionals you work with. What you should know: At Everest, your privacy, security, and safety are of utmost importance to us. Everest will never ask for payment or any financial information as part of the hiring process. All job-related written communications from our internal recruitment team will come from official email addresses that end in our company domain. EVEREST is a leading international reinsurance and insurance group with an extensive distribution network that spans five continents. With roots dating back to 1973, Everest has developed a global footprint and deep client relationships that are largely unmatched by its peers. The Company’s principal business strategies seek to leverage its strengths to optimize returns over the underwriting cycle, thereby creating value for its shareholders and business partners.