Everest Re Group

AVP, Treaty Reinsurance Underwriting - Middle East and Africa

Everest Re Group$177K — $215K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of treaty underwriting experience in non-life insurance
  • Bachelor's Degree in business, risk management or related field preferred
  • Strong analytical skills and proficiency in catastrophe modeling
  • Exceptional communication and negotiation skills
  • Fluency in French or Arabic is a plus
  • Advanced skills in Microsoft Office, particularly Excel
  • Ability to prioritize tasks in a fast-paced environment

Responsibilities

  • Underwrite and manage reinsurance treaty accounts within authority limits
  • Make profitable underwriting decisions aligned with company objectives
  • Identify and secure new business opportunities in the Middle East and Africa
  • Define and execute market and underwriting strategies
  • Mentor and manage junior team members
  • Utilize internal tools for underwriting and pricing
  • Build relationships with ceding companies and brokers

Benefits

  • Health insurance coverage
  • Employee wellness program
  • Life and disability insurance
  • 401k match
  • Retirement savings plan
  • Paid holidays
  • Paid time off (PTO)
Full Job Description
Title:
AVP, Treaty Reinsurance Underwriting - Middle East and Africa

Company:
Everest Reinsurance Company

Job Category:
Underwriting

Job Description:

About the Role

Everest Reinsurance Company, a member of the Everest Re Group, Ltd. is currently looking for a Director/AVP Treaty Reinsurance Underwriter to join our International Reinsurance Division in the Warren, New Jersey office. If you have a strong property or casualty treaty reinsurance underwriting background, this could be an excellent opportunity to join a highly rated global leader in the reinsurance industry and contribute to its profitable growth. Working in a collaborative, fast-paced environment, you will be responsible for underwriting and managing a diversified portfolio of proportional and non-proportional reinsurance treaties for ceding companies in the Middle East and Africa. Our ideal candidate should possess very strong analytical and interpersonal skills, management experience, a global perspective, and be enthusiastic about international travel; fluency in French or Arabic will be considered a plus.

This role is a Hybrid Role based in our Warren, NJ office 3 days a week onsite. Alternative office locations include New York City and Philadelphia with travel to Warren, NJ as required.

The international travel component of the role is approximately 6 weeks per year and includes travel to the Middle East, Africa and Europe.

What You'll Be Doing:
  • Underwriting and managing both excess of loss and proportional treaty accounts within defined underwriting authority, ensuring alignment with Everest's risk appetite
  • Making sound underwriting decisions, demonstrating appropriate underwriting skills and judgment that will achieve targeted profitability objectives
  • Identifying and securing profitable new business opportunities in the Middle East and Africa region
  • Defining and executing market and underwriting strategies
  • Managing and mentoring junior team members
  • Utilizing all internal underwriting, pricing and cat modeling tools
  • Building and managing strong relationships with ceding companies and reinsurance brokers; providing exceptional levels of service
  • Leading marketing trips to the Middle East and Africa; representing and promoting Everest at client and broker meetings and industry conferences/events
  • Maintaining an understanding of key markets in the Middle East and Africa as well as current issues/trends affecting the insurance and reinsurance industries in general
  • Adhering to internal and external compliance guidelines and maintaining proper file documentation
  • Interacting and collaborating with all functional areas of the company including corporate underwriting, actuarial, claims, accounting, and contract wording
  • Providing management support to the Head of Middle East and Africa Treaty


What Qualifications/Skills We Are Seeking:
  • Minimum of 10 years of experience working as a reinsurance treaty underwriter of non-life business lines
  • Bachelor's Degree in business, risk management, or a related field is preferred
  • Very strong analytical and technical skills including the ability to interpret catastrophe modeling and actuarial methodologies
  • Excellent communication (verbal and written), interpersonal, and negotiating skills
  • Fluency in French or Arabic would be ideal but not required
  • Strong computer skills; adept at using Microsoft Suite with advanced Excel skills
  • Ability to develop proficiency with the company specific electronic filing and various processing systems to analyze, document and manage business
  • Ability to stay organized and effectively prioritize tasks within a fast paced, team-oriented, and high intensity work environment


The base salary range for this position is $177,000 - $215,000 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).

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.

Type:
Regular

Time Type:
Full time

Primary Location:
Warren, NJ

Additional Locations:
New York, NY, Philadelphia, PA

About Everest Re Group

Everest Re Group, Ltd. is a Bermuda-based holding company that operates through subsidiaries that provide reinsurance and insurance products. The company offers property, casualty, and specialty products to insurance companies in the United States and internationally. Everest Re Group has operations in North America, Europe, and Asia. The company was founded in 1999 and is headquartered in Liberty Corner, New Jersey.
Learn more about Everest Re Group
Size
1,475 employees
Market Cap
$13 billion
Industry
Net Income
$514.1 million
5 Year Trend
+15.3%
Revenue
$9.5 billion

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