Underwriting Assistant II

Title:

Underwriting Assistant II

Company:

Everest Insurance Company

Job Category:

Underwriting

Job Description:

It’s an exciting time for Everest Group, Ltd. (“Everest”)! As we continue on our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets.

Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Bermuda, Canada, Europe, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people. 

At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including:

• Generous tuition/continuing education reimbursement

• Mentoring opportunities

• Flexible work arrangements

• Talent development initiatives

• Networking groups

Everest Group, a NYSE listed S&P 500, is a leading global reinsurance and insurance provider, operating for nearly 50 years, now in over 15 countries. Everest is a growth company with $14 Billion of Gross Written Premium offering Property, Casualty and Specialty products. We have extensive product and distribution capabilities backed by a strong balance sheet which is evident in our Financial Agency Ratings of: A+ A. M. Best, A+ S&P Global and A1 Moody’s Investor Service. 

We take pride in being known in the industry as nimble, entrepreneurial and responsive. Our culture is innovative, we empower our employees to make business decisions within our risk framework at a local level.

to support the lines of business below.

Lines of Business Include: General Liability, Automobile Liability, Workers Compensation, Excess and Excess Workers Compensation.

The opportunity awaits...

 Hands on, robust, fully paid training program by insurance industry professionals.

Support for continued education and ongoing learning.

Career development advancement opportunities across the organization.

Excellent benefits, paid time off, 401k, tuition reimbursement, and student loan repayments.

Hybrid work environment that supports work/life balance.

Opportunities to get involved in employee resource groups, volunteer activities and DEI initiatives.

Responsibilities include but not limited to:

• Perform underwriting support activities associated with information gathering and rating of new business, renewals, binders, and mid-term changes, as well as electronic file preparation on behalf of the Underwriter.

• Conduct underwriting support activities for General Liability, Auto, Workers Compensation, Excess an Excess Workers Compensation.

• Multi-line new business submissions, renewal submissions and endorsements processing including rating, policy construction and assembly in a timely and accurate manner.

• Gathering and analyze underwriting information including experience reports, final audits, loss control reports, financial reports, loss runs, MVRs, and FEINs.

• Communicate with brokers to request and follow up on required documentation in support of policy construction.

• Prepare, coordinate, and lead weekly synchronization meetings with Underwriters to prioritize work and resolve challenges when servicing policies.

• Flexibility to support Underwriters located in different regions within the U.S. with different time zones.

• Ability to communicate and coordinate work with Business Process Outsourcing partners to perform underwriting support activities.

• Conduct quality review and provide feedback to Business Process Outsourcing.

• Review and analyze incoming transactions and related information for completeness accuracy and quality.

• Regularly reviews and adheres to department processing guidelines and procedures to ensure accuracy including recommended changes/enhancements.

• Maintain all correspondence activity with internal and external customers including daily diaries on pending transactions.

• Compliance with ODEN state rules and regulations relative to cancellations and reinstatements.

• Ability to manage internal report updates based on manager discretion.

• Participates in peer review and quality control for team(s) as needed.

• Special projects, including participation in Home Office projects, as needed.

Qualifications, Education & Experience:

• Experience supporting multi-line national accounts with high touch service.

• Preferred experience with loss-sensitive accounts.

• Bachelor's degree or High School degree with relevant work experience required.

• Proficient in MS Office, with exceptional skills in Microsoft Excel.

Knowledge, Skills & Competencies:

• Strong desk management, written and verbal communication skills.

• Strong communication skills with the ability to developing rapport with business partners, underwriters, agents and co-workers by phone, email or in person.

• Ability to prioritize competing demands and requests to complete work within required time constraints with a high volume of work.

• Demonstrate strong analytical skills and mathematical aptitude.

• Proficiency in using online reference manuals and multiple electronic systems.

• The ability to work in a team environment and handle multiple deadlines with ease.

• Self-starter that is energized by independent learning and research.

• Review and provide feedback on quality review of other team members to management based on required checklist.

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. Click here to learn more about our culture.

• Our Values are 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. Diversity, Equity and Inclusion.

• Our Colleague Behaviors define 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.

For NYC Only: The base salary range for this position is $60,000 - $75,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location.

#LI-Hybrid

#LI-VP1

Type:

Regular

Time Type:

Full time

Primary Location:

Warren, NJ

Additional Locations:

New York, NY

Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at [email protected].

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