What are the responsibilities and job description for the Underwriting Assistant I position at Everest Re Group, Ltd.?
Title:
Underwriting Assistant I
Company:
Job Category:
Underwriting
Job Description:
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.
Job Summary:
We are seeking a dynamic and motivated Underwriting Assistant I to join our team. In this role, you will play a critical role in supporting the underwriting team in managing new and existing business across multiple lines.
This role is within Everest’s Operations Department and could provide underwriting support lines of business:
- Property, Financial Lines, and Specialty Lines of Business including Private Equity
Key Responsibilities:
- Provide day-to-day support to underwriters to help achieve portfolio targets, including summarizing slip terms and conditions, calculating premiums, and ensuring the accurate entry of submissions, quotes, risks, endorsements, and transactions into Everest Systems.
- Perform data checks to ensure accurate entry and management of underwriting information, facilitating precise statistical and regulatory reporting.
- Maintain and store all customer information and correspondence in the document repository to ensure a comprehensive and accurate audit trail of business activity.
- Support the underwriting review process, ensuring that all relevant information is included and indexed for peer reviews, risk entry, and data accuracy checks within specified timeframes.
- Manage underwriting relationships with timely responses relative to service inquiries.
- Regularly reviews and adheres to department processing guidelines and procedures to ensure accuracy including recommended changes/enhancements.
- Assist in processing catastrophe models and producing reports.
- Offer administrative assistance to underwriters and the Operations team on tasks including credit control queries, data quality, and process improvement.
- Collaborate with underwriters from other business lines when necessary to provide additional support.
- Participates in peer review and quality control for team(s) as needed.
- Perform any other ad hoc tasks as assigned by the Head of Operations and Team Leader.
Desired Skills & Experience:
- At least two years of experience in an underwriting support role, preferably in Property underwriting.
- Strong desk management, written and verbal communication skills.
- Strong comfort level with developing rapport with business partners, underwriters, agents and co-workers by phone, email or in person.
- Ability to prioritize competing demands and requests to complete work within required time constraints with a high volume of work.
- Demonstrate strong analytical skills and mathematical aptitude.
- Proficiency in using online reference manuals and multiple electronic systems.
- The ability to work in a team environment and handle multiple deadlines with ease.
- Self-starter that is energized by independent learning and research.
- Review and provide feedback on quality review of other team members to management based on required checklist.
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.
For New York and California Only: The base salary range for this position is $60,000 - $68,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications, and work location.
#LI-Hybrid
#LI-JC1
Type:
Regular
Time Type:
Primary Location:
Warren, NJ
Additional Locations:
Atlanta, GA, New York, NY, Stamford, CT
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)
Salary : $60,000 - $68,000
