Underwriting Assistant I
Underwriting Assistant I
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Job Description
Title:
Underwriting Assistant ICompany:
Everest Reinsurance CompanyJob Category:
Underwriting OperationsJob Description:
The Fac Property Team of Everest Reinsurance Company a member of the Everest Re Group Ltd. is looking for a Underwriting Assistant I to join our Warren NJ/Chicago IL office. This person will be responsible for clearance processing and modeling accounts through Everests underwriting & pricing system maintaining files and creating documentation for bound accounts. The position offers a varied and challenging workload and would be a great fit for anyone who has strong analytical and organizational skills as well as an attention to detail.
Responsibilities include but not limited to:
- Daily Review of General Submission Mailbox for Clearance
- Backup for Clearance of Other Branches
- Processing Binders and Endorsements in Accounting system
- Typing certificates and endorsements for direct business accounts
- Assisting Underwriters in Binding accounts
- Setting up Advices and Docusign for UWRs
- Follow ups on Certificates & Binders with Brokers
- Run and analyze catastrophe models and price a significant volume of reinsurance contracts
- Review and interpret reinsurance submissions
- Responsible for quality assurance of data and scrub when necessary
- Interact with underwriters and provide analytical support on contracts
- Work on improving and automating modeling workflow
Qualifications Education & Experience:
- Bachelors degree in either business risk management or related field is preferred
- 0-3 years of experience in Reinsurance industry or Cat modeling preferred
- Recent Graduates are encouraged to apply
- Proficiency in all Microsoft Office applications especially Excel
- Excellent communication skills and attention to detail
- Strong work ethics
- Problem solving skills and self-motivation
Knowledge Skills & Competencies:
- Ability to multitask
- Strong Analytical and Problem-solving skills
- Strong collaboration & Teamwork skills
For NJ and IL Only:The base salary range for this position is $50000 - $72500 annually. The offered rate of compensation will be based on individual education experience qualifications and work location.
What if I dont 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 doesnt 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. Clickhereto learn more about our culture.
- Our Valuesare 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 Behaviorsdefine 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:
RegularTime Type:
Full timePrimary Location:
Warren NJAdditional Locations:
Chicago IL - South RiversideEverest 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
Employment Type
Full-Time
