Underwriting Assistant
hace 4 meses
Title:
Underwriting Assistant - Surety
Company:
Everest Insurance (Ireland) Spain
Job Category:
Underwriting
**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:
To support the Underwriters whilst working as a member of the Operations Underwriting Support team to deliver risk data input, record keeping and reporting for classes of business underwritten by Everest International Insurance.
Key Accountabilities:
- To translate and summarize slip terms and conditions, calculate premiums and exposures and undertake the complete and accurate entry of submissions, quotes, risks and endorsements 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.- 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 to include attending the Lloyd’s box, organizing client meetings, business travel, handling of expenses and other ad hoc duties as required.- Any other ad hoc tasks as defined and agreed with the Underwriting Operations Team Leader. All functions to be performed in accordance with Everest/Asta policies and specific procedure manuals, as amended from time to time.
Skills & Competencies:
Professional Experience:
- Relevant experience of working for a Lloyd’s Syndicate / London Company, preferably in an underwriting support role,- Knowledge of Fine Art & Specie business,- Knowledge of underwriting, claims and facultative reinsurance processes,- Exposure / Aggregate capture experience would be highly beneficial,- Experience in Surety is Preferred.
Skills & Abilities:
- Excellent attention to detail,- Good organizational 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,
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.
- 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 interactio
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