
Underwriting Assistant
6 days ago
Title:
Underwriting Assistant - Property
Company:
Everest Intl Re, Ltd Singapore
Job Category:
Underwriting
**Job Description**:
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.
About the Role
We are recruiting for an Underwriting Assistant to be based in our Singapore Insurance office with a hybrid schedule that has the option of working two days remotely each week. This role will support the Property underwriting team across new & existing business written by Everest International Insurance under the Operations team. The incumbent will report to the UA Team Leader in Operations and work in close coordination with the Property Underwriting team.
Key Accountabilities- Assist Property underwriters in the day to day matters so as to achieve our Property portfolio targets including Japan desk- 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.- Ensure all processing, Cat models and management reporting is managed to a high standard- 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 queries, data quality and process improvement.- 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 & Team Leader
Desired Skills & Experience- Ability to deal with external stakeholders in a professional manner- Knowledge of underwriting and facultative Insurance & Reinsurance processes- At least two year’s relevant experience of working in an underwriting support role- Knowledge of Property underwriting and support is critical, bonus to have knowledge in other lines like Energy, Marine, Aviation, Financial Lines and A&H.- Beneficial to understand and communicate in Japanese but not critical- Ability to stay organized in a fast paced and high intensity work environment with the ability to effectively prioritize tasks- Willing to take initiative, function independently and be entrepreneurial with the highest standards of ethics and professionalism- Commitment to customer service as a differentiator- A preference for working collaboratively with colleagues & creating a strong company culture- Strong attention to detail & a willingness to continually learn
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 dayto
- 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
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