Everest Re Group

Reinsurance Underwriter, Public Entity

Everest Re Group • $100K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years of insurance industry experience, with at least 1 year in Public Entity underwriting.
  • Strong skills in Word and Excel, along with proprietary software/tools proficiency.
  • Proven ability to drive profitable business growth and enhance profitability metrics.
  • Excellent negotiation skills and strategies.
  • Strong multitasking skills, able to meet multiple deadlines.

Responsibilities

  • Review and triage insurance submissions, providing terms and conditions.
  • Prepare proposals based on market conditions and legal frameworks.
  • Lead efforts to develop the Public Entity portfolio profitably.
  • Implement strategic actions focusing on risk management and business growth.
  • Collaborate with internal and external stakeholders to enhance service delivery.
  • Conduct external meetings with brokers to foster relationships and communicate value.
  • Organize internal meetings with specialists to inform decision-making.

Benefits

  • Health insurance coverage.
  • Employee wellness program.
  • Life and disability insurance.
  • 401k match and retirement savings plan.
  • Paid holidays and paid time off (PTO).
Full Job Description
Title:
Reinsurance Underwriter, Public Entity

Company:
Everest Reinsurance Company

Job Category:
Underwriting

About the Role:

Everest Insurance is seeking an Underwriter, Public Entity to join our growing Public Entity team. This role will be responsible for underwriting and managing a nationwide portfolio of Public Entity business while driving profitable growth, building strong broker relationships, and executing underwriting strategies aligned with Everest's risk appetite and business objectives. The successful candidate will partner closely with internal stakeholders and external trading partners to deliver innovative solutions and exceptional service to clients across the public sector marketplace.

Role & Responsibilities (including but not limited to):
  • Triage and review insurance submissions and seek to provide terms and conditions.
  • Prepare insurance proposals based upon informed judgment and market/litigation conditions and state immunity/tort laws.
  • Responsibility for the team effort of profitable development of the Public Entity portfolio.
  • Execute strategy with a focus on the management of risk while driving business growth and achieving profit objectives.
  • Contribute to the delivery of all key metrics.
  • Participate in continuing education courses to remain knowledgeable and competitive in the industry.
  • Organize external meetings with brokers and clients to build rapport with insureds and brokers and articulate/demonstrate the value and strength of the Everest Insurance organization.
  • Organize internal meetings with specialists (loss control, claims, actuarial) to gain insight into unique circumstances.
  • Help create a work environment that fosters teamwork, innovation, and cooperation.


Qualifications:
  • Accountability for the underwriting of an assigned book of business and accounts within the Public Entity line of business nationwide.
  • Strong Word and Excel skills and ability to use necessary proprietary software/tools.
  • Support the successful execution of the Public Entity plan; adjusting strategies and actions to meet the needs of a changing marketplace; effectively preserve and enhance profitability through product development and enhancement; pricing discipline, competitive analysis and the development of business-enhancing performance metrics and controls.
  • Excellent negotiation skills and strategies.
  • Ability to multitask and work toward multiple deadlines simultaneously.
  • Confident in decision making and the ability to explain processes or choices as needed.


Knowledge, Skills & Competencies:

  • Bachelor's college degree with 3 -5 years of experience in the insurance industry and preferably minimum 1 year within Public Entity space.
  • Demonstrated ability to generate profitable new business and proven record of delivering meaningful underwriting profit.
  • Proven people skills, and a team player.
  • Highly collaborative and able to work effectively with peers.
  • Strong technical background, problem solving analytical skills, and ability to connect data analytics with strategic deliverables to drive underwriting strategy.
  • Able to work in Everest field office a minimum of 3 days per week
  • Ability to travel 20% of the year across the United States for conferences and client meetings.
  • Excellent negotiation skills and strategies.
  • Able to work and contribute as part of a team.
  • Additional specific experience as required by specific Line of Business/Role responsibilities.


The base salary range for this position is $100,000 - $130,000 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.

Type:
Regular

Time Type:
Full time

Primary Location:
New York, NY

Additional Locations:

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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