Underwriting Assistant I London, England
Everest Re Group, Ltd.
Full Time
London, England
31000 - 35002 GBP ANNUAL Today
Job description
Title:
Underwriting Assistant I
Company:
Everest International Insurance
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 $14 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.
As an Everest Underwriting Assistant you will sit with and support the Underwriters across new or existing classes of International business whilst working as a member of the Operations Underwriting Support team to deliver accurate risk, record keeping and reporting. This role is aligned to Aviation.
Responsibilities:
- To summarize slip terms and conditions, calculate premiums and exposures and ensure complete accurate entry of submissions, quotes, risks, endorsements, and transactions to the Everest Underwriting System(s) so as to ensure correct management, statistical and regulatory reporting. Perform as required the necessary data checks to ensure accuracy of underwriting data ensuring they are accurately entered within our systems.
- Store all risk information and correspondence onto the document repository to ensure a complete and accurate audit trail of all substantive business activity.
- Ensure that all relevant underwriting information is included for the peer review, risk entry and data checking review process within the designated timeframe. Underwriting information submitted electronically to be indexed and updated as appropriate within specified timeframes.
- Maintain tools containing key underwriting information to facilitate compliance sanctions, fraud and financial crime checks pre bind and monitoring post bind.
- Assist underwriters’ during the underwriting process, production of management information, business development and marketing.
- Provide administrative support to underwriters and the Operations team in areas including credit control, data quality and training.
- When necessary, provide support to Underwriting teams within other classes of business.
- Any other ad hoc tasks as defined and agreed with the Operations Coordinators and the Operations Manager.
- All functions to be performed in accordance with Everest target operating model, policies and specific procedure manuals, as amended from time to time.
Experience required:
- The ideal candidate would ideally will have gained experience understanding complex information, retaining this knowledge, and questioning what they have observed.
- Knowledge of underwriting, claims and credit control.
Skills & Abilities:
- Logical, analytical and resourceful.
- Excellent attention to detail.
- Ability to review complex information and retain knowledge.
- Good organizational skills.
- Good communication skills.
- Ability to follow through on tasks/projects.
- Must be able to work alone but also contribute as part of a team.
At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our Underwriting Assistants with genuine fast track underwriting opportunities.
We’d love to hear from you if you have gained experience working in an insurance environment such as underwriting and broking support or operations and have excellent attention to detail, good organizational and communication skills, and a logical and analytical mindset.
#LI-Hybrid
#LI-VP1
Type:
Regular
Time Type:
Full time
Primary Location:
London
Additional Locations:
