Title:
Insurance Underwriting AssistantsCompany:
Everest Advisors (Uk) Ltd.Job Category:
Underwriting OperationsJob Description:
Everest is a leading global reinsurance and insurance provider operating for nearly 50 years through subsidiaries in the United Kingdom Bermuda Canada Singapore US and other territories. Our strengths include extensive product and distribution capabilities a strong balance sheet and an innovative culture. Throughout our history Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people.
Everest is a growth company offering Property and specialty products among others through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint deep client relationships underwriting excellence responsive service and customized solutions. Our insurance arm draws upon impressive global resources and financial strength to tailor each policy to meet the individual needs of our customers.
At Everest we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them including:
Generous tuition/continuing education reimbursement
Mentoring opportunities
Flexible work arrangements
Talent development initiatives
Networking groups
Job Summary:
This role is within Everests Operations Department and will provide underwriting support across various insurance products including Property Casualty Energy Marine and other specialty lines of business.
Responsibilities include but not limited to:
Review and analyse incoming transactions and related information for completeness accuracy and quality.
Familiar with multi-line new business submissions renewal submissions and endorsements processing including rating policy construction and assembly in a timely and accurate manner.
Regularly reviews and adheres to department processing guidelines and procedures to ensure accuracy including recommended changes/enhancements.
Manage underwriting relationships with timely responses relative to service inquiries.
Maintain all correspondence activity with internal and external customers including daily diaries on pending transactions.
Compliance with rules and regulations relative to cancellations and reinstatements.
Gathering and analysing underwriting information including experience reports final audits loss control reports financial reports and loss runs.
Ability to manage internal report updates based on manager discretion.
Knowledge Skills & Competencies:
Effective desk management written and verbal communication skills.
Ability to build effective working relationships through various communication channels.
Ability to prioritise competing demands and requests to complete work within required time constraints with a high volume of work.
Demonstrative analytical skills and mathematical aptitude.
Proficient knowledge of underwriting principles product specific coverage policy forms pricing tools regulatory compliance and insurance systems.
Proficiency in using online reference manuals and multiple electronic systems.
Ability to work in a team environment and manage multiple deadline effectively.
The ability to understand data entry rules and regulations while providing support to multiple underwriters and segments of business.
Review and provide feedback on quality review of other team members to management based on required checklist.
Qualifications Education & Experience:
Proficient in MS Office with exceptional skills in Microsoft Excel.
Experience in insurance operations or related fields preferred.
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:
Junior IC
At Everest, we underwrite opportunity for all stakeholders with protection and peace of mind in an increasingly complex and uncertain world.