Underwriter, Public Company

Title:

Underwriter, Public Company

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 Insurance has an opportunity for an experienced Underwriter in the Public Company Business segment located in the New York or Chicago office. This is an excellent opportunity to join a growing team in a fast-paced environment and contribute to its profitable growth. The Underwriter will be responsible for the growth, maintenance, and profitability of the financial lines portfolio including management liability, EPL, D&O, Fiduciary and Pension Liability with an assigned region. This is a production underwriting position responsible for developing, marketing, soliciting, selecting and underwriting Public Company Directors & Officers Liability and related lines.

You will contribute to the profitable growth of the organization by contributing in the following:

• You will underwrite and analyze new and renewal business within delegated authority levels.
• Manage broker relationships associated with the surrounding geographic region.
• You will develop a regional business plan and strategy in accordance with business segment and regional goals. In addition, you will give endorsement recommendations within underwriting guidelines.
• 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.
• You will actively perform sales calls and marketing calls to existing and new broker partners to solicit new business submissions and gather market intelligence.
• Strong adherence to internal and external compliance as well as file documentation.
• Maintain a knowledge network of the broader economic and legal environment and its contributing effect on the department’s line of business and the insurance industry.
• Collaborate with underwriting, claims, operations, marketing, and home office to achieve collective team goals.
• Stay up to date with trends in corporate governance, regulatory developments and the litigation environment affecting D&O liability.
  
  
  

Qualifications:

• Bachelor’s degree or equivalent experience
• Underwriting experience in financial Lines business products of 3 years
• Strong leadership, management, and training skills
• Proficient in developing business/sales plans for a geographic region.
• Strong analytical skills with the ability to assess financial statement and risk factors.
• Excellent communication and negotiation skills to interact with brokers and clients.
• Experience underwriting other management liability products, such as Employment Practices Liability (EPL) or Fiduciary Liability.
  
  
  

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:

Chicago, IL - South Riverside

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.

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