Head of Construction

Everest Re Group,; London; Hybrid; GBP 90,000 - 150,000; Full time

Job summary

Everest Re Group is seeking a Head of Construction to drive the expansion and strategy of their Construction proposition. This role involves leading the EII Construction Portfolio, developing underwriting guidelines, and collaborating with various teams to ensure profitable growth. The ideal candidate will have extensive experience in global underwriting and a strong understanding of construction classes.

Benefits

Generous tuition/continuing education reimbursement

Mentoring opportunities

Flexible work arrangements

Talent development initiatives

Networking groups

Qualifications

• Experience in industrial and civil infrastructure construction projects internationally.
• Proven ability to operate within complex organizations.
• Compliance expertise with internal and external regulations.

Responsibilities

• Lead the strategic direction and profitable growth of the EII Construction Portfolio.
• Develop underwriting guidelines and collaborate on strategies.
• Build and maintain relationships with key brokers and clients.

Skills

Senior global underwriting experience

Technical knowledge in EAR and CAR

Understanding of construction classes

Risk-taking and negotiation skills

Strategic thinking

Strong judgment and decision-making skills

Job description

Title:

Head of Construction

Company:

Everest Advisors (UK), Ltd.

Job Category:

Underwriting

Job Description:

It is an exciting time for Everest Re Group, Ltd. (“Everest”)! As we continue our journey, we see significant opportunity ahead to expand our reach, broaden our perspectives, and enhance our capabilities in critical markets.

Everest is a leading global reinsurance and insurance provider, operating for over 50 years through subsidiaries in Bermuda, Canada, Europe, Singapore, the 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 discipline and focused on creating long-term value through underwriting excellence and strong risk and capital management. Our most critical asset is our people.

At Everest, we are committed to developing our people. We offer dynamic training and professional development, including:

• Generous tuition/continuing education reimbursement
• Mentoring opportunities
• Flexible work arrangements
• Talent development initiatives
• Networking groups

Everest is a growth company with $14 billion of gross written premium, offering property, casualty, and specialty products through its subsidiaries worldwide. We are a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service, and customized solutions. Our insurance arm leverages global resources and financial strength to tailor policies to meet individual customer needs.

This position will ideally be based in Paris, Madrid, or London, but other locations with a presence may be considered. We operate a hybrid schedule, allowing two remote workdays per week.

Role Purpose:

Reporting to the International Head of Energy & Construction, you will be responsible for driving the expansion and strategy of our Construction proposition across Everest International Insurance (EII), focusing on underwriting profit and delivery.

Core Responsibilities:

1. Lead the strategic direction and profitable growth of the EII Construction Portfolio, developing underwriting guidelines and collaborating on strategies to identify regional growth opportunities.

2. Assist in integrating Everest Insurance International and North American Construction portfolios.

3. Work with the Head of Risk Engineering to develop risk assessment criteria.

4. Collaborate with Actuarial teams to develop pricing tools and monitor portfolio performance.

5. Build and maintain relationships with key brokers and clients.

6. Coordinate with Claims, Loss Control, and Accounting departments.

7. Identify opportunities for process improvements and implement new procedures.

8. Work alongside the Head of Energy and Construction and Ceded Re regarding the E&C Reinsurance Treaty.

Skills & Abilities:

• Senior global underwriting experience, particularly in industrial and civil infrastructure construction projects internationally.
• Technical knowledge in EAR and CAR.
• Understanding of construction classes such as Project Cargo, Liability, Project PI, and Surety.
• Proven ability to operate within complex, matrixed organizations and build relationships with stakeholders.
• Experience navigating change and fostering high performance.
• Risk-taking and negotiation skills.
• Strategic thinking and trend analysis capabilities.
• Strong judgment and decision-making skills.
• Compliance expertise with internal and external regulations.

Everest Values and Behaviours:

We assess candidates on their behaviors, competencies, and integrity to ensure they align with our high standards. Our values and behaviors promote a positive ethical culture, regulatory compliance, and customer focus, including adherence to PRA/FCA SM&CR Conduct Rules and embracing core values such as Talent, Risk, Execution, Efficiency, Humility, Leadership, Collaboration, Diversity, Equity, and Inclusion.

Our behaviors include Respect Everyone, Pursue Better, Lead by Example, Own Our Outcomes, and Win Together. All employees are expected to embody these behaviors and are evaluated accordingly.

Type:

Regular

Time Type:

Full-time

Primary Location:

London

Additional Locations:

Madrid, Spain, Paris, France

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