Title:

Senior Underwriter I, Reinsurance

Company:

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

Job Category:

Underwriting

Job Description:

Why join us

Everest is a leading global reinsurance and insurance organization 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. 

Our strength is in our people

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.

Role Purpose

In this role you will work closely with the Zurich based Marine team to manage the existing portfolio and to develop new opportunities with the aim of growing the book profitably.  The existing book includes Cargo, Hull, Liability, Energy (Upstream, Downstream, Renewables) and is a mix of both proportional and excess loss business.  You will help define line of business and market strategies, manage client and broker relationships and offer Everest Re’s transaction capabilities to clients and brokers in Europe and the broader International environment.  In addition, you will assist in managing Group accumulations for key loss scenarios.

In addition to working with the Zurich based team, there will also be close liaison with the Marine colleagues in New Jersey, the Global Specialty Lead plus co-ordination across the Everest International network.  You will also work closely with other P&C colleagues in the Zurich office to offer Line of business support where required throughout Europe.

Key Accountabilities

• Development and execution of market and underwriting strategies based on ERCID’s overall strategic goals.

• Working closely with the Zurich based marine team in the underwriting of the existing Marine portfolio and origination of new transactions.

• Analyse Marine business and be actively involved in ensuring our pricing tools are appropriate for the business and updated periodically.

• Close liaison with Zurich and International colleagues to develop and manage Marine business across Europe and across the International network.

• Actively involved in overall accumulation control for major Marine/Energy loss scenarios. 

• Help to manage underwriting quality and establish best practice within Marine/Energy lines of business.

• Represent the Marine team at client/broker meetings/events.

• Represent Everest Re at Marine industry and Global Reinsurance events.

• Coordinate with other Everest Re functions across various offices in Zurich and Dublin.

Professional Experience:

• A strong background working in a client management/underwriting function of a global P&C reinsurer or reinsurance broker.

• A minimum of 5 years’ experience in the reinsurance industry.

• Specific line of business experience in Marine & Energy business, incl. pricing capabilities.

• Track record in developing and executing market strategies.

• Deep knowledge of each of the Global Marine & Energy sub lines of business – Hull, Cargo, War, Liability/P&I, Energy (Upstream, Downstream, Renewables).

• Experience of International Marine market environment.

Skills & Competencies:

• Ability to independently develop client/broker relationships.

• Good negotiation skills.

• Strong analytical/quantitative skills.

• Good communication skills and team player.

• Cross cultural skills.

• Academic degree (e.g. business, quantitative, law).

• Language skills – a plus.

• Willingness to travel.

What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

 

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. Inclusion and Belonging.
• 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:

Zurich, Switzerland

Additional Locations: