Director , Reinsurance Claims

Title:

Director , Reinsurance Claims

Company:

Everest Reinsurance Company (Ireland), dac (Zurich Branch)

Job Category:

Claims

Job Description:

It’s an exciting time for Everest Re Group, Ltd. (“Everest”)! As we continue on our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets.

Everest is a leading global reinsurance and insurance provider, operating for over 50 years through subsidiaries in the Bermuda, Canada, Europe, 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

Everest is a growth company with $14 Billion of Gross Written Premium 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.

Our financial strength is evident in Financial Agency Ratings of: A+ A. M. Best, A+ S&P Global and A1 Moody’s Investor Service. We are a market leader for our broad diversified income streams, strong underlying underwriting performance with reduced volatility and strong cash flow. We take pride in being known in the industry as nimble, entrepreneurial and responsive.

This position will be based in our Zurich office with a hybrid schedule that has the option of working two days remotely each week.

Team Overview: (A brief overview of the team and its priorities)

The Claims Department of ERCID is looking for a Head of Claims to join our Zurich office.  This position intended to support Everest Re’s continuing expansion in Continental European reinsurance.  The appointment will reinforce our commitment to providing clients and distribution partners with best-in-class claims solutions.

The successful individual will report to the Head of International Re Claims based in London and join the International Re Claims Leadership team.

Role Purpose: (A brief overview of a broad role purpose and its context)

The successful candidate will lead a team of three claims professionals and as well as managing a broad claims portfolio will assist with the training and development of the wider claims team.  The role requires an innovative and inquisitive mindset to contribute to the continuous improvement of our working practices and to add to our analytical capabilities.

Key Accountabilities: (8-9 statements describing core responsibilities)

• Lead the continental European claims function.
• Work closely and effectively within the broader global reinsurance claims team.
• Support the Zurich Underwriting team in market studies and client visits.
• Operate as the leading technical referral point for European claims issues.
• Contribute to the development of the reinsurance claims function.
• Develop effective working relationships with major Global and Regional clients and brokers.
• Prepare and present claims, management and board reports and Solvency II returns.
• Liaise with regulatory authorities as necessary.
• Contribute to ad hoc claims projects designated by the International Head of Claims.
• Assist in the production of periodical updates on claims trends and developments.

Professional Experience:

• Broad cross class claims handling experience in Reinsurance.
• Open to a broad range of claims backgrounds.
• Experience using ECF2/Class/Writeback/P2P messaging systems.
• Detailed understanding of general reinsurance principles.
• Experience of handling claims in UK, European or International legal systems.

Skills & Abilities:

• Supervisory, management or leadership experience.
• Fluent German, French or both.

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 behaviours. Click here to learn more about our culture. 

• Our Values are the guiding principles that inform our decisions, actions and behaviours. 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 Behaviours 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 behaviours 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:

Zurich, Switzerland

Additional Locations:

N/A