Associate Underwriter - International Reinsurance Division

Title: Associate Underwriter - International Reinsurance Division Company: Everest Reinsurance Company Job Category: Underwriting Job Description: It’s an exciting time for Everest Re Group, Ltd. (“Everest”)! 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 Bermuda, Canada, Europe, 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 $10.5 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. Although we are currently in the North American market, we see great opportunity to expand our markets. To support this, we are currently looking for an Associate Underwriter to join our International Reinsurance Division in the Warren, New Jersey headquarters. If you have a property and/or casualty underwriting background, this could be an excellent opportunity to join a highly rated global leader in the reinsurance industry and contribute to its profitable growth. Working in a collaborative, fast-paced environment, you will be responsible for underwriting and managing a portfolio of proportional and non-proportional reinsurance treaties for ceding companies in the Middle East and Africa. Our ideal candidate should possess very strong analytical and interpersonal skills, a global perspective, and be enthusiastic about international travel; fluency in French or Arabic will be considered a plus. Responsibilities include but are not limited to: Underwriting and managing both excess of loss and proportional treaty business as per Everest Reinsurance underwriting guidelines and delegated authority levels. Monitoring account performance. Providing underwriting/technical support for senior underwriters. Utilizing internal underwriting tools and performing cat modeling as required. Monitoring and reporting on catastrophe accumulations as applicable. Processing bound treaties in our internal reinsurance system. Developing and maintaining relationships with ceding companies and reinsurance brokers. Providing exceptional level of service to existing and potential clients. Planning and participating in marketing trips to the Middle East and Africa. Maintaining an understanding of key markets in the Middle East and Africa as well as current issues/trends affecting the insurance and reinsurance industries in general. Adhering to internal and external compliance guidelines and maintaining proper file documentation. Interacting and collaborating with all functional areas of the company including corporate underwriting, actuarial, claims, accounting, and contract wording. Assisting in the production of reports and presentations made to executive management on a monthly/quarterly basis. Qualifications/Requirements: Bachelor’s degree in business, insurance, or related field is preferred. A minimum of 4 years of experience working as an underwriter or underwriting assistant in the insurance/reinsurance industry with a property and/or casualty background. Very strong analytical and technical skills including the ability to interpret catastrophe modeling and actuarial methodologies. Excellent communication (verbal and written) and interpersonal skills. Fluency in French or Arabic would be ideal but not required. Very strong computer skills; adept at using Microsoft Suite with advanced Excel skills. Ability to develop proficiency with the company specific electronic filing and various processing systems to analyze, document and manage business. Ability to stay organized and effectively prioritize tasks within a fast paced, team-oriented, and high intensity work environment. COVID-19 Vaccine Mandate for US and Canada Employees Only: Everest requires all individuals hired into this position to be fully vaccinated and provide proof of vaccination prior to commencement of employment, unless the Company has granted an exemption. #LI-Hybrid Type: Regular Time Type: Full time Primary Location: Warren, NJ Additional 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 Talent Acquisition at 1-908-604-3000.