Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.
Job Description
The U.S. Casualty team of Everest Insurance, a member of the Everest Group, Ltd. is looking for a Chief Underwriting Officer for Casualty to join our team. .
Responsibilities include but not limited to :
This candidate will be responsible for the continued build out of a profitable book of business for Everest U.S. Casualty, reporting to the North American CUO.
Steer underwriting profitability by supporting risk selection and portfolio composition across our Casualty Underwriting Segments in the United States.
Develop underwriting guideline and ensure full compliance with all underwriting guidelines, authority grants and underwriting strategy through direct interaction and collaboration with all underwriters on both a transactional and portfolio basis. This would include but not be limited to: handling referrals across all divisions; ensuring the proper governance provisions are in place through the self-audit and audit processes; issuing underwriting bulletins; liaising with Product Leaders, Legal, and Product Development, to deliver suitable policy forms and endorsements; as well as Actuarial to review and delivery the proper tools to best analyze individual risk and portfolio characteristics.
Serve as a key executive of the North American U.S. Casualty leadership team to establish and execute on our mission, set, and manage risk appetites across products, geographies and occupancies and contribute to the overall strategic direction of the division.
Provide on-going underwriting training and development of new and existing staff by identifying both emerging risks and growth opportunities and delivering educational content to align with same.
Assist in the design and delivery of robust hedging strategies and serve as a key conduit to our external reinsurance brokers and partners and internal ceded re division.
Represent Everest Insurance U.S. Casualty at various broker & client industry conferences and events, utilize existing and develop new external trading relationships in conjunction with line-underwriters and collaborate with all other product divisions to deliver a One Everest client-centric approach.
Qualifications, Education & Experience:
20+ years of Casualty underwriting experience.
Deep knowledge of P&C underwriting.
Deep knowledge of Casualty Policy forms.
Strong knowledge of multinational business from an underwriting, legal and compliance perspective.
10+ years of leadership experience.
Exceptional oral and written communication with the ability to concisely provide executive summaries to senior management.
Strong problem-solving analytical skills, with an ability to drive data analytics and make appropriate conclusions on results.
Ability to manage multiple projects and timelines across a variety of stakeholders to meet targets and deliverable dates.
Team oriented and ability to work effectively with peers.
Demonstrated bias for action with a high sense of urgency, strong work ethic and drive for results.
Experience with corporate governance and controls management, including processes and systems.
Experience with a wide variety of assignments around operational workflow including systems is an asset.
Bachelor's degree or greater.
Some travel, including overnight or extended trips in the U.S. is required.
Knowledge, Skills & Competencies :
Outstanding interpersonal relationship building with all business functions.
Demonstrated abilities in employee coaching and mentoring.
Strong analytical skills in dissecting risk and portfolio data.
Excellent sales and negotiating competencies.
For NYC Only: The base salary range for this position is $350,000 - $420,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location.
Everest is committed to recruiting and retaining the most talented individuals in the industry. We offer a dynamic work environment and a competitive compensation and benefit package which includes a 401k plan, retirement/savings option, tuition reimbursement, medical, dental, vision, life, and group legal plans.
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.
All considered applicants must be eligible to work in the U.S. with unexpired, acceptable employment eligibility verification documentation.
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.
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Type: Regular
Time Type: Full time
Primary Location: Warren, NJ
Additional Locations: New York, NY, Philadelphia, PA, Stamford, CT
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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