Financial Lines Underwriter
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Job Summary
Title:
Financial Lines UnderwriterCompany:
Everest Intl Re Ltd SingaporeJob 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.
Everest Global Wholesale & Specialty is seeking an underwriter to support financial lines in our Singapore office.
Responsibilities
Responsible for underwriting the suite of financial lines insurance products including Professional Indemnity Directors & Officers Liability Financial Institutions Cyber & Crime as well as other long tail lines such as general liability product liability and medical malpractice.
Drive business production by assessing new and renewal business submissions with an eye on sustainable portfolio growth and more importantly profitability.
Exercise expert judgment in risk analysis policy wording and pricing when negotiating deals while achieving the most ideal risk selection for Everest.
Achieve best in class servicing with key partner intermediaries including wholesale & reinsurance brokers as well as local and global cedent insurers while maintaining professional underwriting integrity and internal compliance standards.
Monitor portfolio performance market trends claims experience and emerging risks to support informed underwriting decisions and portfolio optimization.
Push data excellence with accurate and timely maintenance of underwriting systems and data including risk information pricing adequacy and rate validation
Maintain strict adherence to underwriting guidelines and governance; Support peer reviews audits compliance activities and underwriting quality assurance initiatives to uphold underwriting standards and best practices.
Manage internal stakeholders in operations and other support to ensure timely issuance of quotes slips binders insurance certificates renewal documentation invoices and other administrative requirements.
Participate in ad hoc projects product development initiatives and other duties as assigned.
What you will need:
Bachelors Degree from an accredited university; Relevant insurance or financial services qualifications is a plus
2 4 years of relevant underwriting expertise in financial lines casualty and/or other long-tail lines; Focused experience in construction professional indemnity or financial institutions products is a plus.
Broker and producer network across Asia or Pacific markets
Strong analytical and critical-thinking skills with the ability to evaluate complex risks exercise sound underwriting judgment and make decisions within delegated underwriting authority.
Excellent communication negotiation and stakeholder management skills with the ability to engage effectively with brokers clients and internal partners across functions and geographies.
Collaborative team player with a proactive mindset strong commercial acumen and a commitment to continuous learning development and career progression.
Willingness to travel across Asia Pacific to support broker engagement client interactions and market development initiatives.
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:
SingaporeAdditional Locations:
About Company
At Everest, we underwrite opportunity for all stakeholders with protection and peace of mind in an increasingly complex and uncertain world.
