Senior Underwriter Terrorism, Asia
17 hours ago
Title:
Senior Underwriter Terrorism, Asia
Company:
Everest Intl Re, Ltd Singapore
Job Category:
Underwriting
Job Description:
Abount 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 seeking a Senior Underwriter to support our expanding and growing Everest’s Asia Property and APAC Political Violence & Terrorism Portfolios. With a focus on risk management whilst driving business growth and achieving profit objectives in line with company plans, you will play a key role in driving the achievement of our objectives for profitability, growth, service excellence, and producer relations.
Roles & Responsibilities
- Accountable for the strategic direction, oversight and performance of APAC’s Political Violence & Terrorism Portfolio in conjunction with the Head of Political Violence & Terrorism in London and Head of Property in Singapore. Responsible for successful execution of the Political Violence & Terrorism plan; adjusting strategies and actions to meet the needs of a changing marketplace; effectively preserve and enhance growth and profitability through product development and enhancement; competitive analysis and the development of business-enhancing performance metrics and controls; budgeting and finance reporting as required.
- Expanding and growing both Property and Political Violence & Terrorism Portfolios whilst maintaining a focus on bottom line underwriting for profit and new business production and opportunities in line with agreed business plan
- Actively participate in the development & execution of the marketing plan, broker & customer relationships, in a manner consistent with the objectives of the business plan whilst providing high levels of service and consistency to our brokers and clients.
- Underwrite in compliance with Everest prescribed underwriting standards and refer as appropriate risks exceeding prescribed underwriting authority.
- Monitor and keep abreast of changes in underwriting, regulation and compliance.
- Maintain an in depth understanding of the live portfolio exposures and exposure management in place.
- Ensure all processing, Cat models, rating models and management reporting is managed to a high standard
- Represent Everest at internal and external meetings with brokers, clients and other customers / stakeholders as required
- Participate in the underwriting peer review process as required and ensuring compliance with all internal and external management and regulatory controls
- Liaise with Claims Manager on claims related issues and participate in account and portfolio reviews.
- Business travel as required to support the above objectives, and the appropriate management of T&E expenses.
- To help develop and train junior staff as may be appropriate
- Ad-hoc duties will be assigned, as appropriate
Qualifications, Skills & Competencies
- Bachelor’s Degree, or comparable Business Degree with a minimum of 10+ years’ professional experience in Property or Political Violence & Terrorism underwriting
- Demonstrated underwriting ability to generate profitable new business and proven record of delivering meaningful premium growth and underwriting profit.
- Strong technical background, problem solving analytical skills, and ability to connect data analytics with strategic deliverables to drive underwriting strategy.
- Working experience across Asia in wholesale or retail markets.
- 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
- Highly collaborative and able to work effectively with peers.
- Strong interpersonal skills as well as strong verbal and written communication
- Effective negotiation skills with the ability to find “win/win” solutions
- Strong attention to detail
- A willingness to continually 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 al
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