Underwriting Assistant Job at Everest Re Group, Ltd.
Title:
Underwriting Assistant
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.
Everest Insurance, a member of the Everest Re Group, Ltd. is looking for Underwriting Assistants to join our growing team in our offices across the country! We are actively seeking underwriting assistants to support the lines of business below, with hire dates in May and June.
Lines of Business Include:
- Everest Specialty Underwriters (ESU)
- Property & Inland Marine
- Risk Management
- Wholesale & Excess Casualty
- EverSports & Entertainment (Carmel, IN location only)
The opportunity awaits...
- Hands on, robust, fully paid training program by insurance industry professionals.
- Support for continued education and ongoing learning.
- Career development advancement opportunities across the organization.
- Excellent benefits, paid time off, 401k, tuition reimbursement, and student loan repayments.
- Hybrid work environment that supports work/life balance.
- Opportunities to get involved in employee resource groups, volunteer activities and DEI initiatives.
Responsibilities include but not limited to:
- Review and analyze incoming transactions and related information for completeness accuracy and quality.
- Multi-line new business submissions, renewal submissions and endorsements processing including rating, policy construction and assembly in a timely and accurate manner.
- Regularly reviews and adheres to department processing guidelines and procedures to ensure accuracy including recommended changes/enhancements.
- Manage underwriting relationships with timely responses relative to service inquiries.
- Maintain all correspondence activity with internal and external customers including daily diaries on pending transactions.
- Compliance with ODEN state rules and regulations relative to cancellations and reinstatements.
- Gathering and analyze underwriting information including experience reports, final audits, loss control reports, financial reports, loss runs, MVRs, and FEINs.
- Ability to manage internal report updates based on manager discretion.
- Participates in peer review and quality control for team(s) as needed.
- Special projects, including participation in Home Office projects, as needed.
Qualifications, Education & Experience:
- Relevant work or educational experience
- Proficient in MS Office, with exceptional skills in Microsoft Excel
Knowledge, Skills & Competencies:
- Strong desk management, written and verbal communication skills.
- Strong comfort level with developing rapport with business partners, underwriters, agents and co-workers by phone, email or in person.
- Ability to prioritize competing demands and requests to complete work within required time constraints with a high volume of work.
- Demonstrate strong analytical skills and mathematical aptitude.
- Proficiency in using online reference manuals and multiple electronic systems.
- The ability to work in a team environment and handle multiple deadlines with ease.
- Self-starter that is energized by independent learning and research
- Review and provide feedback on quality review of other team members to management based on required checklist.
For NYC and California Only: The base salary range for this position is $55,000-$75,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location.
#LI-Hybrid
#LI-VP1
Type:
Regular
Time Type:
Primary Location:
Warren, NJ
Additional Locations:
Atlanta, GA, Boston, MA, Chicago, IL - South Riverside, Indianapolis, IN, Los Angeles, CA, New York, NY, 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@everestre.com.
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