Underwriting Assistant

2 weeks ago

Singapore Everest Re Group, Ltd. Full time

Title:
Underwriting Assistant

Company:
Everest Intl Re, Ltd Singapore

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 an Underwriting Assistant to be based in our Singapore Insurance 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.

As part of a small team you will support multiple lines of underwriting teams such as Property, Energy, Marine, Aviation, Financial Lines and 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 Operations
  • 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:

  • At least one year's relevant experience of working in an underwriting support role
  • Knowledge of one of the following lines: Energy, Property, Energy, Marine, Aviation, Financial Lines and A&H is critical
  • Ability to deal with external stakeholders in a professional manner
  • Knowledge of underwriting and facultative reinsurance processes
  • Experience of supervising the accuracy of an offshore service partner is an advantage
Skills & Abilities

  • Excellent attention to detail
  • Good organisational skill
  • 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 d

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