Senior Cyber/E&O Facultative Underwriter

Everest Group; Warren Township (NJ); Hybrid; 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 and PTO

Job summary

Everest Reinsurance Company in New York and New Jersey seeks a Senior Cyber/Errors & Omissions Facultative Underwriter to join the US Casualty/Professional team in NYC or Warren NJ.

Lead risk assessment for cyber and E&O, underwrite renewals, develop broker relationships, and support marketing efforts while traveling as needed.

Qualifications

• BA/BS degree required; advanced degree a plus.
• Minimum 5 years of professional liability underwriting experience.
• Strong oral and written communication to senior management.
• Excellent analytical and computer skills with data analytics.
• In-depth knowledge of the US insurance and reinsurance markets.
• Ability to maintain excellent relations with brokers and ceding company underwriters/managers.

Responsibilities

• Actively manage and drive cyber and E&O business with brokers and ceding company underwriters.
• Analyze new business for profitability using underwriting, claims and financial data.
• Underwrite renewal business per current approach in a service-oriented environment.
• Develop and maintain positive relationships with ceding company underwriters and intermediaries.
• Assist in development and coordination of production and marketing efforts.
• Collaborate with claims and accounting to support company objectives.
• Assess and communicate competitive factors to underwriting team and senior management.
• Travel as needed.

Skills

Cyber/E&O underwriting

Professional liability

Data analytics

Negotiation

Communication

Education

BA/BS degree

Advanced degree a plus

Job description

Title:

Senior Cyber/E&O Facultative Underwriter

Company:

Everest Reinsurance Company

Job Category:

Underwriting

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.

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 include but are not limited to:

• 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.

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, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).

#LI-Hybrid

#LI-AS1

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:

Warren, NJ

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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