Everest Re Group

Senior Cyber/E&O Facultative Underwriter

Everest Re Group • $119K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • BA/BS degree; advanced degree preferred
  • 5+ years of Professional Liability underwriting experience
  • Strong industry contacts and subject matter expertise
  • Excellent analytical skills for data interpretation
  • Proficient in oral and written communication

Responsibilities

  • Manage Cyber and E&O business, including various sectors like A&E and real estate
  • Analyze new business for profitability based on underwriting and claims data
  • Underwrite renewals in line with company philosophy
  • Foster business relationships with underwriters and intermediaries
  • Support marketing efforts and new business development
  • Collaborate across company functions to meet objectives
  • Provide competitive analysis to the Underwriting Team and Senior Management

Benefits

  • Health insurance coverage
  • Employee wellness program
  • Life and disability insurance
  • 401k match
  • Retirement savings plan
  • Paid holidays and paid time off (PTO)
Full Job Description
Title:
Senior Cyber/E&O Facultative Underwriter

Company:
Everest Reinsurance Company

Job Category:
Underwriting

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.

Type:
Regular

Time Type:
Full time

Primary Location:
New York, NY

Additional Locations:
Warren, NJ

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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