Assistant Underwriter

3 weeks ago

Singapore EVEREST INTERNATIONAL REINSURANCE, LTD. SINGAPORE BRANCH Full time
Roles & Responsibilities

About Everest

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 seeking an Assistant Underwriter to join our Singapore Insurance office. This role offers a hybrid work schedule, allowing the option to work remotely up to two days a week. You will support the Property underwriting team in managing new and existing business written by Everest International Insurance. This opportunity is open to candidates with varying levels of experience, including fresh graduates, and compensation will be commensurate with experience.


Key Accountabilities

  • Support the Property underwriters in achieving portfolio targets, including assisting with the Japan desk.
  • Summarize slip terms and conditions, calculate premiums and exposures, and ensure complete and accurate entry of submissions, quotes, risks, endorsements, and transactions into Everest underwriting systems. Perform necessary data checks to ensure accuracy and compliance with management, statistical, and regulatory reporting standards.
  • Store all risk information and correspondence in the document repository to maintain a complete and accurate audit trail of business activity.
  • Ensure all relevant underwriting information is included for peer reviews, risk entries, and data checks within designated timeframes. Index and update electronically submitted underwriting information as appropriate.
  • Manage processing, catastrophe modeling, and management reporting to a high standard.
  • Maintain tools containing key underwriting information to facilitate compliance with sanctions, fraud prevention, and financial crime checks before and after binding coverage.
  • Assist underwriters with the underwriting process, production of management information, business development, and marketing initiatives.
  • Provide administrative support to underwriters and the Operations team, including handling credit control queries, data quality checks, and process improvements.
  • Provide support to underwriting teams in other lines of business as needed.
  • Perform any other ad hoc tasks as defined and agreed upon with the Head of Property.


Desired Skills & Experience

  • Professionalism in interacting with internal and external stakeholders.
  • Familiarity with underwriting and facultative insurance and reinsurance processes.
  • Knowledge of Property underwriting is preferred but not required; open to fresh graduates eager to gain experience.
  • Proficiency in Excel, with preference for candidates with backgrounds in actuarial science, accountancy, or engineering.
  • Strong organizational skills, with the ability to thrive in a fast-paced, high-intensity environment and effectively prioritize tasks.
  • Self-motivated, proactive, and entrepreneurial, with a commitment to the highest standards of ethics and professionalism.
  • Dedication to providing exceptional customer service as a differentiator.
  • A collaborative mindset and a preference for building a strong company culture.
  • Excellent attention to detail and a willingness to continuously learn.

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.


Tell employers what skills you have

Microsoft Excel
ensuring data accuracy
Property
Exceptional Customer Service
Data Quality
Actuarial Science
Underwriting
Attention to Detail
Administrative Support
Humility

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