Full-Time

Credit and Political Risk Underwriter

Updated on 7/21/2026

Everest

Everest

501-1,000 employees

Global reinsurance and insurance provider

No salary listed

London, UK

In Person

Category
Finance & Banking (1)

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Requirements
  • Experience within credit and political risk, or a relevant background in banking, structured finance, or reinsurance
  • Exposure to asset classes such as structured credit, project finance, or asset-backed finance
  • Strong analytical capability with the ability to review financial information and assess credit risk
  • Interest in sovereign risk, geopolitical factors and complex international transactions
  • Ability to translate analysis into clear and structured underwriting recommendations
  • Commercial awareness and an interest in developing client and broker relationships
  • Strong communication skills, both written and verbal
  • High attention to detail and ability to manage multiple transactions in a fast-paced environment
  • Collaborative approach with a willingness to learn and develop within a high-performing team
Responsibilities
  • Support the underwriting of a broad portfolio of credit and political risk business across sovereign risk, structured credit, political risk, project finance and asset-backed transactions
  • Analyse transactions and assist in assessing credit and sovereign risk, ensuring alignment with underwriting appetite
  • Contribute to pricing and structuring of deals using appropriate analytical tools and frameworks
  • Prepare and document underwriting analysis, including financial modelling, credit assessments and risk summaries
  • Support the negotiation of policy terms and wordings in collaboration with senior underwriters and legal teams
  • Build and maintain relationships with global banking clients, financial institutions and brokers
  • Attend client meetings and market engagements to support business development activity
  • Monitor portfolio performance and contribute to maintaining a well diversified and profitable book
  • Participate in internal discussions on underwriting strategy, market trends and risk appetite
  • Work closely within a collaborative team environment, developing technical capability and market knowledge
Desired Qualifications
  • A degree in finance, economics or a related discipline is beneficial but not essential

Everest provides reinsurance and insurance services worldwide. It operates through subsidiaries in the U.S., Europe, Singapore, Canada and Bermuda, and is organized into two main segments: Reinsurance and Insurance. The Reinsurance segment writes property and casualty reinsurance as well as specialty lines, on both treaty and facultative bases, for a global client base. The Insurance segment offers property, casualty, and specialty insurance products. Everest uses a hybrid business model that combines these two lines to offer a diversified set of risk-management solutions. Its goal is to help clients manage a wide spectrum of risks by leveraging its global reach, experience, and underwriting expertise.

Company Size

501-1,000

Company Stage

IPO

Headquarters

null

Founded

1973

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Simplify Jobs

Simplify's Take

What believers are saying

  • North American cat bond demand supports Everest’s collateralized retrocession strategy.
  • Specialty underwriting growth improves mix toward higher-margin business.
  • Record 2025 net investment income strengthens earnings beyond underwriting.

What critics are saying

  • Gross written premium fell 18.5% in Q1 2026, signaling shrinking top-line scale.
  • A major North American catastrophe before new retrocession closes would hit earnings hard.
  • AM Best’s negative outlook raises financing costs and weakens broker and cedant confidence.

What makes Everest unique

  • Everest combines reinsurance and insurance across property, casualty, and specialty lines.
  • Its global footprint spans the U.S., Europe, Singapore, Canada, and Bermuda.
  • Disciplined underwriting and capital management define Everest’s nearly 50-year operating history.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Flexible Work Hours

Tuition Reimbursement

Professional Development Budget

401(k) Retirement Plan

Company News

Yahoo Finance
Mar 18th, 2026
Everest Group down 10.6% over past year, trails S&P 500's 19.3% gain

Everest Group, a $13 billion reinsurance and insurance company, has fallen 13% from its 52-week high of $370.21 reached on 28 March. The stock has declined 10.6% over the past year, significantly underperforming the S&P 500's 19.3% gain during the same period. The company has strategically shifted towards high-margin global wholesale and specialty lines, moving away from volatile catastrophe exposures. However, its Q4 results posted on 4 February showed mixed performance, with revenue falling 4.6% year-over-year to $4.4 billion, though beating analyst expectations. Net operating income reached $13.26 per share, up from an operating loss in the prior year quarter, but missed consensus estimates. EG has underperformed rival Reinsurance Group of America, which gained 9% over the past year.

Yahoo Finance
Feb 4th, 2026
Everest reports $1.6B net income for 2025, repurchases $797M in shares

Everest Group reported annual net income of $1.6 billion and net operating income of $1.9 billion for 2025, with a 10.5% net income return on equity and 13.1% total shareholder return. The company generated $17.7 billion in gross written premium, down 3.1% year-over-year. Fourth-quarter net income reached $446 million, with gross written premium of $4.3 billion, down 8.6% as strong double-digit growth in speciality lines was offset by targeted reductions in casualty lines. The combined ratio stood at 98.4% for the Group. Everest repurchased $797 million of common shares in 2025, including $397 million during the fourth quarter. Net investment income reached a company record of $2.1 billion for the year, up $170 million.

intelligence360
May 8th, 2024
Everest Has Leased 66,444 Sq Ft Of Office Space In New York City.

Everest has leased 66,444 Sq Ft of office space in New York City. Everest has leased 66,444 Sq Ft of office space in New York City.New York, New York — According to state and local development sources, Everest plans to expand into 66,444 square feet of new space in New York. The company plans to occupy the new space at 1155 6th Ave in New York, on or about December 1, 2024. According to the company website Everest Group, Ltd. (Everest) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide

Business Wire
Mar 25th, 2024
Everest Expands Jim Williamson’S Role To Lead Company’S Global Underwriting Businesses

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. (NYSE: EG), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today announced that Jim Williamson has been promoted to lead Everest’s reinsurance and insurance businesses. “Jim is an excellent executive, a multi-faceted operator, and consummate underwriter with a record of building best in class businesses,” said Juan C. Andrade, Everest President CEO. “Jim has been a valuable partner in driving Everest’s transformation to the world class company we are today. As we continue to expand, diversify and scale Everest’s global platform, Jim’s diverse Property Casualty experience spanning multiple lines of business, functions, and geographies is ideal to lead our global portfolio in Everest’s next chapter.”

Business Wire
Feb 22nd, 2024
Everest Announces Leadership Promotions In Reinsurance Division

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. (NYSE: EG), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions has announced the promotion of two key leaders in the Reinsurance Division, both effective immediately. Jill Beggs has been promoted to Reinsurance EVP and Chief Operating Officer of the Division. In this role, Ms. Beggs will manage the profitable growth of the division’s worldwide portfolio, including Global Treaty, Facultative, and Specialty reinsurance businesses as well as Mt. Logan