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Senior Underwriter, Professional Liability

Everest National Insurance Company
Chicago, IL Full Time
POSTED ON 12/9/2024
AVAILABLE BEFORE 2/6/2025
Title: Senior Underwriter, Professional Liability Company: Everest Insurance Company Job Category: Underwriting Job Description: About Everest 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. 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 About the Role: Everest is seeking a Senior Underwriter to join its Professional Liability team within Financial Lines. This role will be responsible for continuing to grow an existing Architects & Engineers (A&E) book along with supporting the launch of a Miscellaneous Professional Liability (MPL) product. The Senior Underwriter will be responsible for sourcing, analyzing, pricing, and negotiating insurance policies on behalf of the Company within established guidelines. This role will work with various business units within Everest such as claims, actuary, operations, sales & distribution. Additionally, the Senior Underwriter will have the ability to cross sell with other underwriting teams – Cyber, Management Liability, Environmental, Inland Marine, and others. Responsibilities include but not limited to: Growing and managing a portfolio of profitable business focused on providing Professional Liability Errors & Omissions coverage. Developing and cultivating new and existing broker and customer relationships. Working with brokers and clients to create customized insurance solutions. Perform all aspects of the underwriting process and due diligence including review and analysis of underwriting documents, current trends, and individual risk factors. Negotiate deal terms and contract language. Source new business opportunities through a strong broker and client network. Collaborating with other related financial lines segments along with regional colleagues and internal/external business associates. Provide exceptional broker and customer service pursuant to industry leading guidelines. Strong adherence to internal and external compliance as well as file documentation. Collaborate with underwriting, claims, operations, marketing, and home office to achieve collective team goals. Qualifications, Education & Experience: Bachelor’s Degree in business, finance or economics with 6 years or more of business or underwriting experience. 4 years of Professional Liability underwriting experience; preference for A&E and/or MPL. CPCU and/or RPLU preferred but not required. Experience underwriting primary admitted business. Strong leadership, management, and training skills. Excellent analytical skills with a working knowledge of financial statement analysis and professional liability exposures. Strong interpersonal skills including strong verbal and written communication skills. Effective negotiation skills with the ability to find “win/win” solutions. Ability to stay organized in a fast paced and high intensity work environment with the ability to effectively prioritize tasks. Willing to take initiative, function independently and be entrepreneurial all with the highest standards of ethics and professionalism. Strong attention to detail. Commitment to customer service as a differentiator. Knowledge, Skills & Competencies: Smart and flexible, with excellent analytical, strategic and negotiation skills. Results oriented with the ability to manage multiple projects and deals simultaneously. Comfortable with analyzing Professional Liability exposures across multiple industry segments. A strong individual as well as a team player, capable of building effective internal and external relationships through appealing personal skills. For NYC Only: The base salary range for this position is $115,000 - $160,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location 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. #LI-Hybrid #LI-AS1 Type: Regular Time Type: Full time Primary Location: Chicago, IL - South Riverside Additional Locations: New York, NY, Warren, NJ 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.

Salary : $115,000 - $160,000

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