What are the responsibilities and job description for the Vice President, Ceded Reinsurance Operations position at Everest Re Group, Ltd.?
Title:
Vice President, Ceded Reinsurance Operations
Company:
Everest Global Services, Inc.
Job Category:
Finance
Job Description:
About Everest:
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.
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:
This role based in either Warren, New Jersey or Chicago, Illinois will be responsible for overseeing US ceded operational functions and administration of all Everest Insurance placed reinsurance contracts within the reinsurance platform. This role will be responsible for ceded reinsurance operations including premium and claim functions, data strategy, delivering reporting insights and analytics to improve placement and financial outcomes, developing operational efficiencies, assisting in the mitigation of operational risk, supporting audits and regulatory reporting, and contributing to broader transformational efforts. The Head of Ceded Reinsurance Operations is expected to interface with senior leadership, auditors, stakeholders with an emphasis on a strong internal control environment. In addition, this role will participate in cross functional and global initiatives to deliver new capabilities and efficiencies into reinsurance processes and workflows.
Role & Responsibilities, include but not limited to:
- Manage the U.S. Ceded Reinsurance operations team
- Oversee the integration, enhancement and deployment of global reinsurance system.
- Ensure that all data and analytics outputs are reviewed for clarity, quality and accuracy.
- Partner with Business Segments and Finance to onboard new contracts, including performing a due diligence and ensuring compliance with Everest’s accounting and reporting standards.
- Collaborate with global technical teams to deliver and refine data accuracy and performance metrics.
- Provide guidance and build efficiencies with the U.S. ceded reinsurance operational team
- Manage and develop resources to ensure cross training, process documentation, process improvements to support qualitative and timely delivery.
- Collaborate with the group level Finance and Ceded Re teams to leverage consistent and accurate output of financial data to support analytics and automated workflows.
- Deliver comprehensive dashboarding and reporting solutions that drive insights and transparency.
- Implement a strategic vision for troubleshooting challenging scenarios.
- Provide data support for regulatory reporting as well as internal and external audits, ensuring compliance and accuracy.
Qualifications:
- Bachelor’s degree or advanced degree, and/or 15 years in Insurance, Reinsurance, System Integration or Operations, or related field.
- Proven experience in data management and business analysis, with a focus on insurance and financial data.
- Strong leadership within global environment
- Excellent communication and presentation skills, with the ability to influence stakeholders.
Knowledge, Skills & Competencies:
- Proficiency in data analytics tools and software, such as SQL, and BI tools.
- Strong analytical and problem-solving skills, with an eye for detail and accuracy.
- Ability to develop and execute strategic plans, with a focus on innovation and improvement.
- Excellent project management skills, with the ability to manage multiple priorities.
- Adept at working collaboratively across global teams and departments.
- Commitment to continuous learning and staying up to date with industry trends and best practices.
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.
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Type:
Regular
Time Type:
Full time
Primary Location:
Warren, NJ
Additional Locations:
Chicago, IL - South Riverside
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.
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