Senior Cyber/E&O Facultative Underwriter

Everest Global Services, Inc.; New York (NY); On-site; USD 119,000 - 150,000; 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 (PTO)

Job summary

Everest Reinsurance Company in New York seeks a Senior Cyber/E&O Facultative Underwriter to join our NYC or Warren NJ office. The role focuses on Cyber and E&O business with some D&O, underwriting renewal and new opportunities, and developing strong broker and ceding company relationships.

Required are a BA/BS degree and a minimum of 5 years’ professional liability underwriting experience; excellent communication, analytical, and interpersonal skills; deep knowledge of the US insurance and

Qualifications

• Strong oral and written communication skills with the ability to provide concise and cogent reports, referrals, and summaries to senior management.
• Excellent analytical and computer skills, with a demonstrated ability to use data analytics and make appropriate conclusions based upon results.
• Strong interpersonal and social skills.
• In-depth knowledge of the US insurance and reinsurance markets.
• Solid negotiation, oral and written communication skills.
• Ability to maintain excellent relations with brokers and ceding company underwriters/managers and provide superior service.
• Team oriented and ability to work effectively with peers.
• Strong prioritization skills to meet daily demand and deadlines within a fast paced, team-oriented, and high intensity work environment.

Responsibilities

• Actively manage and drive business with a focus on Cyber and E&O business (A&E, Misc., Lawyers, Agents/Brokers, and Real Estate/Title) with some D&O (public/private)
• Analyze new business for risk profitability as determined by a review of underwriting, claims and financial data.
• Underwrite renewal business according to current underwriting approach and philosophy in a service-oriented environment.
• Develop and maintain positive business relationships with ceding company underwriters and reinsurance intermediaries, including solicitation of new business opportunities.
• Assist in the development and coordination of production and marketing efforts.
• Collaborate with all functional areas of the company including claims and accounting to support company objectives.
• Assess and communicate to the Everest Reinsurance Underwriting Team and Senior Management competitive factors in the marketplace as they relate to our corporate underwriting portfolio.
• Work under minimal supervision.
• Be willing to travel.

Skills

Communication

Analytical

Interpersonal skills

US insurance market knowledge

Negotiation

Team oriented

Prioritization

Education

BA/BS degree; advanced degree a plus

Job description

Title

Senior Cyber/E&O Facultative Underwriter

Company

Everest Reinsurance Company

Job Category

Underwriting

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.

About the Role

The US Casualty/Professional Facultative Department of Everest Reinsurance Company is looking for a Senior Cyber/Errors and Omission Facultative Underwriter to join our NYC or Warren NJ office.

Responsibilities

• You will actively manage and drive business with a focus on Cyber and E&O business (A&E, Misc., Lawyers, Agents/Brokers, and Real Estate/Title) with some D&O (public/private)
• Analyze new business for risk profitability as determined by a review of underwriting, claims and financial data.
• Underwrite renewal business according to current underwriting approach and philosophy in a service-oriented environment.
• Develop and maintain positive business relationships with ceding company underwriters and reinsurance intermediaries, including solicitation of new business opportunities.
• Assist in the development and coordination of production and marketing efforts.
• Collaborate with all functional areas of the company including claims and accounting to support company objectives.
• Assess and communicate to the Everest Reinsurance Underwriting Team and Senior Management competitive factors in the marketplace as they relate to our corporate underwriting portfolio.
• Work under minimal supervision.
• Be willing to travel.

Qualifications, Education & Experience

BA/BS degree; advanced degree a plus

Minimum of 5 years of Professional Liability underwriting experience, demonstrating subject matter expertise and strong contacts within the industry.

Knowledge, Skills & Competencies

• Strong oral and written communication skills with the ability to provide concise and cogent reports, referrals, and summaries to senior management.
• Excellent analytical and computer skills, with a demonstrated ability to use data analytics and make appropriate conclusions based upon results.
• Strong interpersonal and social skills.
• In-depth knowledge of the US insurance and reinsurance markets.
• Solid negotiation, oral and written communication skills.
• Ability to maintain excellent relations with brokers and ceding company underwriters/managers and provide superior service.
• Team oriented and ability to work effectively with peers.
• Strong prioritization skills to meet daily demand and deadlines within a fast paced, team-oriented, and high intensity work environment.

Salary & Benefits

The base salary range for this position is $119,000 - $150,000 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)

Type & Location

Regular Time, Full time

Primary Location: New York, NY

Additional Locations: Warren, NJ

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.

Values

• Talent
• Thoughtful assumption of risk
• Execution
• Efficiency
• Humility
• Leadership
• Collaboration
• Inclusion and Belonging

Colleague Behaviors

• Respect everyone
• Pursue better
• Lead by example
• Own our outcomes
• Win together

Equal Opportunity

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].