Head of International Casualty - London, United Kingdom - Everest Re Group, Ltd.

Everest Re Group, Ltd.

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

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Description

Title:
Head of International Casualty

Company:
Everest Advisors (Uk), Ltd.

Job Category:
Underwriting

Job Description:

Why join us

Everest is a leading global reinsurance and an expanding and hugely ambitious insurance organization with extensive product and distribution capabilities, a strong balance sheet and an innovative culture.

Throughout our history, Everest has maintained its discipline and focus on creating long term value through underwriting excellence and strong risk and capital management.

Everest Insurance is part of a global reinsurance group which consists of Everest Insurance (Ireland) DAC (EIID), Everest Syndicate 2786 and several related service companies.

Everest Insurance International is a business which is expanding its geographic scope and writes a variety of specialty insurance risks across North American, Latin American, European, Pacific and Asian markets.

Everest Syndicate 2786 is a multi-line Lloyd's syndicate managed by a third-party managing agency and is fully capitalized by Everest Reinsurance.

This position will be based in our London office and Lloyd's box with a hybrid schedule that has the option of working two days remotely each week.

Core Responsibilities:

The day to day running of Everest Syndicate 2786, including direct management of reporting lines.
Drive the ambitious expansion of the UK Casualty book with a core focus on the Everest Syndicate in line with business plans and underwriting strategy, whilst maintaining a focus on bottom line underwriting profit.
Contribute to the underwriting strategy direction and drive the execution.
Actively participate in execution of the marketing plan, including maintenance of existing broker & customer relationships and developing new relationships, where this is consistent with the objectives set in the Business Plan.
Actively invest and be able to demonstrate an expansion of underwriting and product knowledge, through dedicated training (internal and external) and working with other underwriters on specific accounts.
Manage the portfolio of renewal business, including underwriting & pricing, claims, referral, processing, broker, and client relationship aspects; and servicing any new business request in the same way.
Represent Everest at meetings both in the office and during visits to brokers, cover holders and other customers as required.
Support the Head of UK Casualty as required, and other underwriters on specific accounts.
Data entry to support / maintain MI.
To refer as appropriate risks exceeding delegated underwriting authority and underwrite in compliance with Everest prescribed underwriting standards.
To monitor all relevant portfolio KPIs and support the Head of UK & I Casualty across the broader portfolio.
To liaise with the Claims Manager on claims related issues.
To lead the underwriting peer review process at the weekly and monthly underwriting meetings, as required.
To monitor and keep abreast of changes in underwriting, regulation, and compliance.
Support in the improvement of rating models, underwriting manuals, service standards, marketing materials, website as required
Business travel as required to support the above objectives, and the appropriate management of expenses.

Skills & Competencies:

Strong technical knowledge of Casualty from an underwriting or broking background, with experience of working on Employers Liability, Public and Products Liability both from a Primary and Excess of Loss basis. With experience of domestic, multinational, and international business. Including portfolio and people management skills.
Strategic skills demonstrate leadership to determine opportunities and threats through comprehensive analysis of current and future trends that may impact our business.
Judgment and decisionmaking skills show ability to use logic rationality and objectivity in decision making.
Risk taking demonstrate strong ability to develop a sound underwriting view to take calculated risks with favorable outcomes.
Market and product knowledge thorough market knowledge including competitor profiles and products.
Relationship management well developed ability to establish and maintain sound relationships both internally and externally.
Compliance ability to understand and ensure compliance with all internal and external management and regulatory controls, with appropriate support.
Progression towards ACII qualification, or desire to complete.