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Head of Cyber Insurance - UK & IrelandCompany:
Everest Advisors (Uk) Ltd.Job Category:
UnderwritingJob Description:
About Everest:
Everest Group Ltd. (Everest) is a leading global reinsurance and insurance provider operating 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.
This position is based in our London office with a hybrid schedule that has the option of working two days remotely each week.
Opportunity:
This is a fantastic opportunity to lead our dynamic expanding Cyber team in London reporting into the International Head of Cyber. In this role you will support the development marketing relationship management (both client and broker) of our growing book of Cyber business. You will help to build and expand the UK and Ireland Cyber account in line with our Everest International plans and underwriting strategy whilst maintaining a focus on bottom line underwriting profit and delivery.
Key Accountabilities:
Working within the authority granted writing a profitable book of Cyber business per the Everest International Underwriting guidelines
Expand and maintain existing broker relationships and other sources of distribution and developing new relationships where this is consistent with the objectives set in the Business Plan
Working with the International Head of Cyber in expanding the current product range to allow Everest to compete with the market leaders in the sector
Quoting and Leading the placements of Cyber clients and effectively managing any specific MGA clients
To refer as appropriate risks exceeding prescribed underwriting authority
Develop business through execution of new ideas in addition to utilising all the available Everest resources to grow develop and maintain a profitable book of Cyber business
Underwriting business from the Irish market on a centre of excellence basis that is provided via the Financial Lines Underwriters based in Europe
To liaise with the Claims Manager on claims related issues and participate in account and management reviews
To participate in the underwriting peer review process at the weekly and monthly underwriting meetings as required
To assist with the completion and review of strategic and underwriting guidelines & pricing models
To contribute to the regular analysis and review of underwriting practices and procedures
To assist in the improvement of the management information systems rating models underwriting manuals service standards marketing materials website and risk management and claims functions
Effectively communicate with management on all issues both within and outside the Unit as needed
Marketing Everest International in the UK through contributing to articles and representing Everest at conferences as speaker or panel member
Collaborate with Everest colleagues in the International office locations as well as in North America
To monitor and keep abreast of changes in underwriting regulation and compliance
Work with the International Head of Cyber to build develop and mentor a team which can deliver strategic goals outlined either above or by executive management
Professional Experience
In-depth knowledge and experience of Underwriting Cyber products in the UK and European insurance marketplaces
Knowledge of relevant laws and regulations
Management experience preferred
Skills & Abilities
Strategic skills determines opportunities and threats through comprehensive analysis of current and future trends. Comprehends the big picture
Judgment / decision making skills ability to use logic rationality and objectivity in decision making
Risk taking ability to take calculated risks with favourable outcomes. Excellent negotiation skills
Compliance ability to ensure compliance with all internal and external management and regulatory controls
Excellent market and product knowledge maintain and develop market knowledge including competitor profiles and products
Relationship building ability to establish and maintain excellent relationships both internally and externally.
Leadership skills ability to provide clear vision and strategy. Align empower and influence others through ideas encouragement and insight.
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.
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:
LondonAdditional Locations:
Required Experience:
Director
Full-Time