Underwriting Assistant

hace 7 días

Madrid, Madrid, España Everest Re Group, Ltd. A tiempo completo

Title:
Underwriting Assistant

Company:
Everest Advisors (Uk), Ltd.

Job Category:
Underwriting

Job Description:


It's an exciting time for Everest As we continue on our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets.


Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Bermuda, Canada, Europe, Singapore, US, and other territories.

Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture.

At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees.


We are recruiting for three Senior Underwriting Assistants to be based in our Madrid office with a hybrid schedule that has the option of working two days remotely each week.


Role Purpose:


To primarily support the Underwriters across new or existing classes of business written by Everest International Insurance, whilst working as a member of the Operations Underwriting Support team to deliver accurate risk, record keeping and reporting.

We expect that you will be aligned to various one or two specific underwriting teams such as Property, Energy, Marine, Aviation, Financial Lines and/or A&H.


Key Accountabilities:

  • To summarize slip terms and conditions, calculate premiums and exposures and ensure complete accurate entry of submissions, quotes, risks, endorsements and transactions to the Everest Underwriting System(s) so as to ensure correct management, statistical and regulatory reporting. Perform as required the necessary data checks to ensure accuracy of underwriting data ensuring they are accurately entered within our systems.
  • Store all risk information and correspondence onto the document repository to ensure a complete and accurate audit trail of all substantive business activity.
  • Ensure that all relevant underwriting information is included for the peer review, risk entry and data checking review process within the designated timeframe. Underwriting information submitted electronically to be indexed and updated as appropriate within specified timeframes.
  • Maintain tools containing key underwriting information to facilitate compliance sanctions, fraud and financial crime checks pre bind and monitoring post bind.
  • Assist underwriters' during the underwriting process, production of management information, business development and marketing.
  • Provide administrative support to underwriters and the Operations team in areas including credit control, data quality and training.
  • When necessary, provide support to Underwriting teams within other classes of business.
  • Any other ad hoc tasks as defined and agreed with the Head of Shared Service Centre, Underwriting Operations Team Leader, and the Underwriting Operations Manager.
  • All functions to be performed in accordance with Everest target operating model, policies and specific procedure manuals, as amended from time to time.

Professional Experience:

  • Relevant experience of working in an underwriting support role
  • Knowledge of Property, Casualty, Financial Lines, Energy, Marine, Aviation and/or A&H business would be an advantage
  • Ability to deal with external stakeholders
  • Knowledge of underwriting, claims and facultative reinsurance processes
  • Experience of supervising the accuracy of an offshore service partner
Skills & Abilities

  • Excellent attention to detail
  • Language Skills: Good English (written and oral) and Spanish required
  • This role aligned to France, good written and oral French required
  • Good organisational skills
  • Good communication skills
  • Logical, analytical and resourceful
  • 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

Competencies:
The role holder will be required to embrace the

Everest Core Values:
Collaboration, Thoughtful Assumption of Risk, Execution, Humility and Leadership.


The Everest Core Values are the foundation upon which we (a) conduct our work, and (b) conduct ourselves both internally with our colleagues, and externally with clients/customers.

The Company's success and that of our employees begins with these values.

All employees are expected to support and exhibit these values in their interactions with others and through their day-to-day responsibilities.



Type:
Regular

Time

Type:
Full time

Primary Location:
Madrid, Spain

Additional Locations:
Barcelona, Spain

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