AVP, Treaty Reinsurance Underwriting - Middle East

Title:

AVP, Treaty Reinsurance Underwriting - Middle East and Africa

Company:
Everest Reinsurance Company

Job Category:
Underwriting

Job Description:

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 Reinsurance Company, a member of the Everest Re Group, Ltd. is currently looking for a Director/AVP Treaty Reinsurance Underwriter to join our International Reinsurance Division in the Warren, New Jersey office. If you have a strong property or casualty treaty reinsurance underwriting background, this could be an excellent opportunity to join a highly rated global leader in the reinsurance industry and contribute to its profitable growth.

Working in a collaborative, fast-paced environment, you will be responsible for underwriting and managing a diversified portfolio of proportional and non-proportional reinsurance treaties for ceding companies in the Middle East and Africa. Our ideal candidate should possess very strong analytical and interpersonal skills, management experience, a global perspective, and be enthusiastic about international travel; fluency in French or Arabic will be considered a plus.

This role is a Hybrid Role based in our Warren, NJ office 3 days a week onsite. Alternative office locations include New York City and Philadelphia with travel to Warren, NJ as required.

The international travel component of the role is approximately 6 weeks per year and includes travel to the Middle East, Africa and Europe.

• Underwriting and managing both excess of loss and proportional treaty accounts within defined underwriting authority, ensuring alignment with Everest’s risk appetite
• Making sound underwriting decisions, demonstrating appropriate underwriting skills and judgment that will achieve targeted profitability objectives
• Identifying and securing profitable new business opportunities in the Middle East and Africa region
• Defining and executing market and underwriting strategies
• Managing and mentoring junior team members
• Utilizing all internal underwriting, pricing and cat modeling tools
• Building and managing strong relationships with ceding companies and reinsurance brokers; providing exceptional levels of service
• Leading marketing trips to the Middle East and Africa; representing and promoting Everest at client and broker meetings and industry conferences/events
• Maintaining an understanding of key markets in the Middle East and Africa as well as current issues/trends affecting the insurance and reinsurance industries in general
• 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
• Providing management support to the Head of Middle East and Africa Treaty

• Minimum of 10 years of experience working as a reinsurance treaty underwriter of non-life business lines
• Bachelor's Degree in business, risk management, or a related field is preferred
• 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
• Fluency in French or Arabic would be ideal but not required
• 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 $177,000 - $215,000 annually. The offered rate of compensation will…