VP, Head of Construction Excess Casualty at Everest Global Services, Inc.

Posted in Other 2 days ago.

Location: Chicago, Illinois





Job Description:

Title:
VP, Head of Construction Excess Casualty


Company:
Everest Insurance Company


Job Category:
Underwriting


Job Description:



About Everest



Everest Group, Ltd. (Everest) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers' most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide.



About
Everest Evolution™




Everest Evolution™ is the Wholesale-Exclusive arm of Everest serving the dynamic and rapidly-growing US E&S market. Everest Evolution™ offers Property and Casualty insurance products across multiple business units, with wholesale-exclusivity for various products within the Construction, Energy, Environmental, Real Estate & Hospitality and Public entity sectors.


Everest Evolution™, a member of the Everest Group, Ltd. (Everest) is looking for a Head of Construction Excess Casualty to join either our New York, New Jersey, Atlanta or Chicago office, and lead our Excess & Surplus Lines Construction underwriting team. The role will report to the President of Everest Evolution™.


The Head of Construction Excess Casualty at Everest Evolution™ will be responsible for the development and execution of the excess underwriting strategies for US construction risks and leading a team of dedicated Construction Excess underwriters to drive profitable underwriting results.


The ideal candidate will possess deep construction casualty industry knowledge, have established market relationships, strong leadership skills and have a proven track record of success in underwriting complex casualty exposures.



Responsibilities include but not limited to:


  • The development and execution of Portfolio Management strategies to drive underwriting discipline and to ensure book profitability.

  • Growing the construction excess portfolio in preferred casualty construction business.

  • Establishing performance goals and objectives for the underwriting team.

  • Cultivating team marketing strategies in conjunction with the Everest Evolution™ Sales & Distribution team.

  • Supporting construction industry practice initiatives across the broader organization and other underwriting business units.

  • Participating in relevant industry events and conference, leveraging insights to influence and/or adjust team goals and strategies.

  • Producing Thought Leadership content around market dynamics and trends in the construction casualty insurance industry.

  • Building out the underwriting team through hiring and talent development.

  • Working closely with underwriting support functions in Claims, Actuarial and Risk Engineering to ensure effective coordination between disciplines.




Qualifications, Education & Experience:

  • Bachelor's Degree preferred.

  • Minimum 10 years of casualty insurance industry experience, with construction experience preferred.

  • Experience in working on various program types, such as wrap-up programs, project-specific placements and annually renewable contractor programs.

  • Prior managerial experience preferred.

  • Existing market relationships with construction casualty producers and agents.

  • Wholesale distribution experience preferred.

  • Strong analytical as well as communication and presentation skills.

  • Able to think creatively around risks and program design.



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.



For NY Only: The base salary range for this position is $200,000 - $300,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location.


#LI-Hybrid


#LI-AS1


Type:
Regular


Time Type:
Full time


Primary Location:
New York, NY


Additional Locations:
Atlanta, GA, Chicago, IL - South Riverside


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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