Reinsurance Senior Underwriter
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Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Title:
Reinsurance Senior UnderwriterCompany:
Everest Reinsurance Company (Canada)Job Category:
UnderwritingJob Description:
About Everest: Everest is a global leader in risk management rooted in a rich 50 year heritage of enabling businesses to survive and thrive and economies to function and flourish. We are underwriters of risk growth progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders who care deeply about our impact on communities and the wider world.
About the Role:
As a Senior Underwriter on Everest Reinsurance Companys Canada Facultative Reinsurance team you will be responsible for underwriting a diverse portfolio of facultative reinsurance risks across the Canadian market. You will support the companys strategic growth objectives while maintaining strong underwriting discipline and targeted profitability.
In this role you will evaluate complex ceded risks structure tailored reinsurance solutions and act as a trusted partner to ceding companies and reinsurance brokers. You will apply sound judgment deep technical expertise and strong market insight to deliver highquality underwriting decisions and contribute to effective portfolio management.
You will work collaboratively with colleagues across underwriting actuarial claims catastrophe modeling finance and contract wording to ensure consistent risk selection pricing accuracy and operational excellence. Your ability to balance analytical rigor with relationship management will be essential as you help strengthen Everests position as a leading facultative reinsurance partner in the Canadian market.
A strong commitment to compliance documentation standards and service excellence will be central to your success in this role.
Responsibilities:
Making sound underwriting decisions demonstrating appropriate underwriting skills and judgment that will achieve targeted profitability objectives
Utilizing all internal underwriting pricing and cat modeling tools
Developing and maintaining strong relationships with ceding companies and reinsurance brokers and providing exceptional level of service
Adhering to internal and external compliance guidelines and maintaining proper file documentation
Interacting and collaborating with all functional areas of the company including corporate underwriting actuarial claims accounting and contract wording
Qualifications/Requirements:
A Bachelors Degree in business insurance or related field is preferred
A minimum of 5 years of experience working as an Underwriter in the insurance/reinsurance industry with a property and/or casualty background
Very strong analytical and technical skills including the ability to interpret catastrophe modeling and actuarial methodologies
Excellent communication (verbal and written) interpersonal and negotiating skills
Strong computer skills; adept at using Microsoft Suite with advanced Excel skills
Ability to develop proficiency with the company specific electronic filing and various processing systems to analyze document and manage business
Ability to stay organized and effectively prioritize tasks within a fast paced team-oriented and high intensity work environment
The base salary range for this position is CAD$120000 - CAD$160000 annually. The offered rate of compensation will be based on individual education experience qualifications and work location. All offers include access to a variety of benefits to employees including health insurance coverage an employee wellness program life and disability insurance retirement savings plan paid holidays and paid time off (PTO). This position is for an existing vacancy.
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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:
Toronto - Reinsurance CanadaAdditional Locations:
Required Experience:
Senior IC
Key Skills
- Loan Processing
- Credit Analysis
- Fraud
- Math
- Risk Analysis
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Equity Research
- Underwriting
- negotiation
- RMF
About Company
At Everest, we underwrite opportunity for all stakeholders with protection and peace of mind in an increasingly complex and uncertain world.
