What are the responsibilities and job description for the Underwriting Assistant position at everestre?
Title: Underwriting Assistant Company: Job Category: Underwriting Operations Job Description: 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. Job Summary: We are seeking a dynamic and motivated Underwriting Assistant II to join our team. In this role, you will play a critical role in supporting the underwriting team in managing new and existing business across multiple lines. This role is within Everest’s Operations Department and could provide underwriting support for the following lines of business: Retail Property, Financial Lines Including Private Equity and Specialty Responsibilities include but not limited to: Review and analyze incoming transactions and related information for completeness accuracy and quality. Understanding of policy lifecycle, new business submissions and mid-term endorsements processing including rating, policy construction and assembly in a timely and accurate manner. Regularly reviews and adheres to department processing guidelines and procedures to ensure accuracy including recommended changes/enhancements. Manage underwriting relationships with timely responses relative to service inquiries. Maintain all correspondence activity with internal and external customers including daily diaries on pending transactions. Ability to manage internal report updates based on manager discretion. Participates in peer review and quality control for team(s) as needed. Participate in projects across the Dept or Organization as needed. Knowledge, Skills & Competencies: Strong desk management, written and verbal communication skills. Strong comfort level with developing rapport with business partners, underwriters, agents and co-workers by phone, email or in person. Ability to prioritize competing demands and requests to complete work within required time constraints with a high volume of work. Demonstrate strong analytical skills and mathematical aptitude. Proficient knowledge of underwriting principles, product specific coverage, policy forms, pricing tools, regulatory compliance, and insurance systems. Proficiency in using online reference manuals and multiple electronic systems. The ability to work in a team environment and handle multiple deadlines with ease. Self-starter that is energized by independent learning and research. Demonstrate continuous improvement mindset, ability to independently solution. Review and provide feedback on quality review of other team members to management based on required checklist. Qualifications, Education & Experience: UA II: 5 years insurance experience, minimum 3 years in an Underwriting Assistant role. UA I: 1-2 years insurance experience Bachelor's degree or relevant work experience. Proficient in MS Office, with exceptional skills in Microsoft Excel. Experience in insurance operations or related fields 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. 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. The base salary range for this position is $60,000 - $75,000 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: Primary Location: New York, NY Additional Locations: Chicago, IL - South Riverside 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 everestbenefits@everestglobal.com. Everest U.S. Privacy Notice | Everest (everestglobal.com) Beware of recruitment fraud Please be cautious of phishing scams involving fake Everest job postings and individuals posting as Everest representatives making phony job offers. Always verify the identity of the recruiting professionals you work with. What you should know: At Everest, your privacy, security, and safety are of utmost importance to us. Everest will never ask for payment or any financial information as part of the hiring process. All job-related written communications from our internal recruitment team will come from official email addresses that end in our company domain. EVEREST is a leading international reinsurance and insurance group with an extensive distribution network that spans five continents. With roots dating back to 1973, Everest has developed a global footprint and deep client relationships that are largely unmatched by its peers. The Company’s principal business strategies seek to leverage its strengths to optimize returns over the underwriting cycle, thereby creating value for its shareholders and business partners.
Salary : $60,000 - $75,000
