Surety Underwriter

Title:

Surety Underwriter Company:

Everest Advisors (Uk), Ltd.

Job Category:

Underwriting

Job 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.

The Opportunity:

This is an exciting opportunity to join a small, friendly team that genuinely enjoys working together. We're a close-knit group who support one another, celebrate successes as a team, and are always willing to share knowledge and help each other grow.

One of the best things about the role is the variety. You'll gain exposure to a diverse range of industries and businesses, meaning no two days are ever quite the same. It's a fantastic opportunity to broaden your commercial knowledge, build specialist underwriting expertise, and travel where appropriate.

We're particularly interested in hearing from individuals looking to make the move from banking into insurance. You don't need prior insurance experience, as training and ongoing support will be provided.

If you're looking for a role where you'll be challenged, supported, and given genuine opportunities to develop and progress, we'd love to hear from you. As part of our small but ambitious team, you'll gain valuable experience, work with a wide variety of clients and industries, and have the opportunity to build a rewarding long-term career where learning never stops.

Core Responsibilities:

To assist the Surety team in maintaining and expanding a profitable Surety account in accordance with Line of Business (LOB) business plans.

To maintain a focus on bottom line underwriting profit for the company.

To monitor and keep abreast of changes in underwriting, regulation and compliance.

To underwrite in compliance with Everest prescribed underwriting standards and authorities.

To refer as appropriate risks exceeding prescribed underwriting authority.

To represent Everest at meetings in the office and during visits to brokers and customers as required.

To assist in developing and maintaining existing client and broker relationships and developing new relationships where this is consistent with Everest Surety management objectives.

To liaise with the Claims Manager and Head of International Surety on any claims related issues and to participate in account and management reviews.

To contribute to the regular analysis and review of underwriting practices and procedures.

To participate in the underwriting peer review process at the weekly underwriting meetings.

To assist in the improvement of Everest Surety’s management information systems, rating models, underwriting manuals, service standards, marketing materials, website and risk management and claims functions.

To enhance the profile of Everest Insurance among Surety brokers and customers primarily in the European market

Skills &

Competencies:

Previous experience within a Banking / Credit role Knowledge of Surety and/or banking business.

Judgement / 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.

Solid 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…