Assistant Vice President Treaty Reinsurance Underwriting

Title:

AVP, Treaty Reinsurance Underwriting - Middle East and Africa

Company:

Everest Reinsurance Company

Job Category:

Underwriting

Job Description:

About Everest:

Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.

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.

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. 

• Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
• Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.  

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve. 

Type:

Regular

Time Type:

Full time

Primary Location:

Warren, NJ

Additional Locations:

New York, NY, Philadelphia, PA

Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at [email protected].

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