Head of Credit & Political Risk

Title:

Head of Credit & Political Risk, France

Company:

Everest Insurance (Ireland) France

Job Category:

Sales

Job Description:

Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

Role Purpose:

We are looking for an experienced Credit & Political Risk (CPR) Underwriter to launch and develop a Continental Europe (CE) Underwriting Hub in Paris for CPR. This new product will enrich our existing offering in the region and optimize our cross-selling opportunities with our existing clients.

With a very entrepreneurial mindset and great business development skills, the future Head of CPR will deploy in France and CE our CPR products and will promote our expertise to brokers and clients, whilst working in close partnership with international colleagues.

Core Responsibilities:

• Launch and develop a Credit and Political Risk (CPR) Paris Hub in accordance with Line of Business (LOB) and Everest Insurance business plans

• Externally promote Everest Europe and Everest CPR to broking houses and clients, creating a network of brokers and clients in Continental Europe (CE) to complement CPR’s existing relationships and book of business

• Support CE brokers and clients on transactions in appetite and review and develop new opportunities within the CE market

• Maintain a focus on bottom line underwriting profit for the company

• Underwrite in compliance with Everest prescribed underwriting standards and authorities

• Monitor and keep abreast of changes in underwriting, regulation and compliance

• Liaise with the Claims Manager and International CPR Head on any claims related issues and to participate in account and management reviews

• Contribute to the regular analysis and review of underwriting practices and procedures

• Participate in the underwriting peer review process at the weekly underwriting meetings

• Assist in the improvement of Everest CPR’s management information systems, rating models, underwriting manuals, service standards, marketing materials, website and risk management and claims functions, particularly as they pertain to CE

Candidate Profile:

Professional Experience:

• Solid market and product experience – 5+ years in Credit and Political risk, or equivalent market, and strong knowledge of relevant asset classes and structured finance

• Judgement and decision-making skills – ability to use logic rationality and objectivity in decision making

• Risk taking – ability to take calculated risks with favourable outcomes.  Excellent negotiation skills

• Compliance – ability to ensure compliance with all internal and external management and regulatory controls

• Ability to maintain and develop market knowledge including competitor profiles and products

• Relationship building – ability to establish and maintain excellent relationships both internally and externally

Skills & Abilities:

• Language Skills: fluent French and English; Spanish also desirable

• Good organisational and leadership skills

• Outstanding communication and interpersonal abilities

• Ability to follow through on tasks/projects

• Must be able to work alone but also contribute as part of a team

• Potential to lead teams; demonstrated experience preferred

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. Diversity, Equity and Inclusion.

• 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:

Paris, France

Additional Locations: