Title:
Senior Underwriter - Surety / Warren, NJ (HQ) InsuranceCompany:
Everest Insurance CompanyJob Category:
UnderwritingJob Description:
Job Description
It’s an exciting time for Everest Group, Ltd. (‘Everest’ or ‘the Group’)! 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 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
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.
Everest Insurance, a member of the Everest Re Group, Ltd., has an opportunity for a Senior Underwriting (Surety), whose primary responsibility is to underwrite new and renewal contract and commercial bond business within their assigned authority level while maintaining and building productive relationships with our network of independent agents and brokers.
Responsibilities include but not limited to:
Developing/expanding regional presence by actively meeting with and soliciting brokers/agents
Underwriting mid and upper-mid market contract and Fortune 1,000 commercial surety accounts (US and foreign-based indemnitors).
Working with Surety leadership and Credit functions to produce surety business that meets Everest’s underwriting and credit criteria.
Managing an assigned book of agents and brokers; setting goals and objectives for each agent and broker. This includes Agency visits as appropriate for managing these goals and objectives.
Implementing pricing and selection standards that support strategic objectives and achieve desired financial goals set by management.
Providing highest level of product quality and customer service.
Qualifications, Education & Experience:
Bachelor’s Degree is a minimum requirement.
Minimum of 3 years of experience in Surety or equivalent banking/ investment experience.
Knowledge, Skills & Competencies:
Excellent communication, negotiating and computer skills.
A positive customer-oriented approach and self-motivated demeanor.
Ability to effectively work within a small team dynamic and demonstrate flexibility in taking on the tasks that help propel the operation forward.
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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:
RegularTime Type:
Full timePrimary Location:
Warren, NJAdditional 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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