Senior Casualty Underwriter

Title:

Senior Casualty Underwriter

Company:

Everest Advisors (UK), Ltd.

Job Category:

Underwriting

Job Description:

Everest is a leading global Reinsurance and Insurance organisation with extensive product and distribution capabilities, a strong balance sheet and an innovative culture. Throughout our history, Everest has maintained its discipline and focus on creating long term value through Underwriting excellence and strong risk and Capital Management. 

At Everest, we believe that our future is determined by the actions we take today. Actions that go beyond business strategy and encompass the values important to our employees and the communities in which we operate. Everest’s value commitments include: providing an inclusive work environment that offers employees the opportunity to further their development, supporting our communities through the donation of time and financial resources, maintaining our integrity across all aspects of the group, and being an industry innovator to solve global complex risks.

Core Responsibilities

• Support the expansion of the International Casualty account in UK in line with Everest International Group plans and underwriting strategy, whilst maintaining a focus on bottom line underwriting profit.

• Provide support to develop, articulate and build out the underwriting strategy for UK Casualty portfolio
• Actively participate in execution of the marketing plan, including development of broker and customer relationships and developing new relationships, where this is consistent with the objectives set in the Business Plan
• Help with and be able to demonstrate an expansion of underwriting and product knowledge, through dedicated training (internal and external) and working with Head of Casualty UK, Corporate Casualty management and International Casualty management.
• Assist in the development and management a portfolio of business in UK, including underwriting & pricing, wording development, broker and client relationships and ensuring that all business is serviced effectively.
• Represent Everest at meetings and undertake appropriate visits to brokers and clients as required.
• Manage data entry to support / maintain MI.
• To refer as appropriate risks exceeding prescribed underwriting authority to Head of UK & I Casualty and other stakeholders as appropriate
• Support the monitoring of all relevant portfolio KPIs for UK and understand, remediate, and justify these where required working with Head of Casualty UK
• To liaise with the Claims Management and the wider claims team on claims related issues.
• Work with the actuarial team to effectively price individual risks and add influence to our rating process.
• To participate in the underwriting peer review process at the weekly and monthly underwriting meetings, as required.
• To ensuring all processing and MI is up-to-date in respect of any individual accounts
• To monitor and keep abreast of changes in underwriting, regulation and compliance.
• To assist in the improvement of rating models, underwriting manuals, service standards, marketing materials, website as required
• Underwrite in compliance with Everest prescribed underwriting standards.
• Business travel as required to support the above objectives and support the appropriate management of T&E expenses.

Skills & Competencies:

• Significant experience within a Casualty underwriting role as well as excellent technical knowledge of European Casualty business.
• Professional qualifications
• Strategic skills – clear ability to determine opportunities and threats through comprehensive analysis of current and future trends that may impact our business.
• Judgment / decision making skills – shows ability to use logic, rationality and objectivity in decision making
• Risk taking – show the ability to develop a sound underwriting view to take calculated risks with favourable outcomes. 
• Compliance – ability to understand and ensure compliance with all internal and external management and regulatory controls, with appropriate support.
• Market and product knowledge – ability to maintain and develop market knowledge including competitor profiles and products
• Relationship building – proven ability in building relationships both internally and externally.

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:

London

Additional Locations:

N/A