Property Facultative Underwriter

Everest; New York (NY); On-site; USD 100,000 - 145,000; Full time

Benefits offered by this job

Health insurance coverage

Employee wellness program

Life and disability insurance

401k match

Retirement savings plan

Paid holidays

Paid time off

Job summary

Everest Reinsurance Company in New York is seeking a Property Facultative Underwriter to manage new business production, renewals, and direct/intermediary relationships. You will travel for market coverage after training and collaborate with claims, accounting, and product management to drive company objectives.

The role requires a Bachelor’s degree, 5+ years of Property Underwriting experience, strong marketing and communication skills, and familiarity with catastrophe modeling and actuarial

Qualifications

• Bachelor’s degree required.
• Minimum 5 years of experience as a Property Underwriter with large accounts.
• Excellent marketing skills and established relationships with insurance companies.
• Strong interpersonal and writing skills.
• Ability to interpret engineering reports.
• Prior reinsurance experience a plus.
• Ability to interpret catastrophe modeling and actuarial methodologies and output.
• Proficiency in Excel and PowerPoint required.

Responsibilities

• New business production and renewal underwriting while following underwriting rules and guidelines, building relationships.
• Collaborate with claims, accounting, and product management to support company objectives.
• Travel after the initial training period and market travel to assigned markets/territory.
• Build relationships with ceding companies and reinsurance intermediaries.
• Maintain awareness of competitor capabilities and the overall insurance marketplace.
• Experience with catastrophe models is a plus.
• Property Facultative experience preferred.
• Experience with specialty business (power generation, mid-stream production, refining/petrochemical, specialty chemicals, renewables, mining) preferred.

Skills

Marketing

Interpersonal skills

Writing skills

Engineering reports interpretation

Catastrophe modeling

Actuarial methodologies

Reinsurance experience

Education

Bachelor’s degree

Tools

Excel

PowerPoint

Job description

About Everest

Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.

Job Details

Title: Property Facultative Underwriter

Company: Everest Reinsurance Company

Job Category: Underwriting

Job Description

Everest has established itself as one of the foremost facultative markets in the United States. To support this, we are currently looking for a Property Facultative Underwriter. Responsibilities will include building and maintaining direct and intermediary business relationships where opportunities are cultivated, underwritten, and bound at your general discretion.

Job Requirements

• New business production and renewal underwriting as well as adherence to underwriting rules and guidelines and developing strong customer relationships through providing top-notch service.
• Work with all functional areas of the company including claims, accounting, and product management to support company objectives.
• Ability to travel. This individual would be expected to spend time on the road after the initial training process.
• Marketing that includes travel monthly or as needed, to assigned markets and territory.
• Build relationship with ceding companies and reinsurance intermediaries
• Maintain awareness of competitor capabilities and strategies, as well as the overall insurance marketplace.
• Experience working with catastrophe models a plus.
• Property Facultative experience preferred.
• Experience with specialty business is also preferred (power generation, mid-stream production, refining/petrochemical, specialty chemicals, renewables, and mining).

Qualifications

• Bachelor’s degree required.
• Minimum 5 years of experience working as a Property Underwriter with various occupancies including large accounts.
• Excellent marketing skills and established relationships with insurance companies.
• Strong interpersonal and writing skills with the ability to flourish in a team environment.
• The ability to interpret engineering reports.
• Prior Reinsurance experience a plus.
• The ability to interpret catastrophe modeling and actuarial methodologies and output.
• Proficiency in Excel and PowerPoint required.

The base salary range for this position is $100,000 - $145,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location.

All offers include access to a variety of benefits to employees, including:

• health insurance coverage
• employee wellness program
• life and disability insurance
• 401k match
• retirement savings plan
• paid holidays
• paid time off (PTO)

What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

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. Inclusion and Belonging.
• 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.

Type: Regular

Time Type: Full time

Primary Location: New York, NY

Additional Locations: 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 [e-mail].

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