Underwriting Assistant

Posted 5 Days Ago
Be an Early Applicant
Madrid, Comunidad de Madrid
In-Office
Junior
Insurance
The Role
As an Underwriting Assistant at Everest, you will support underwriters by maintaining risk information, ensuring accurate data entry, assisting during the underwriting process, and providing administrative support to the Operations team.
Summary Generated by Built In

Title:

Underwriting Assistant

Company:

Job Category:

Underwriting Operations

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.

About the Role

As an Everest Underwriting Assistant, you will support the Underwriter whilst working as a member of the Operations Underwriting Support team to deliver accurate risk, record keeping and reporting. This is a hybrid role (3 days in office/2 days remote) based out of our Madrid, Spain office.

Responsibilities

  • To assist in the set-up of this line of Insurance, creating process maps and procedures to ensure alignment with existing classes where required and making any additional updates

  • To summarize slip terms and conditions, calculate premiums and exposures and ensure complete accurate entry of submissions, quotes, risks, endorsements, and transactions to the Everest Underwriting System(s) so as to ensure correct management, statistical and regulatory reporting. Perform as required the necessary data checks to ensure accuracy of underwriting data ensuring they are accurately entered within our systems.

  • Store all risk information and correspondence onto the document repository to ensure a complete and accurate audit trail of all substantive business activity.

  • Ensure that all relevant underwriting information is included for the peer review, risk entry and data checking review process within the designated timeframe. Underwriting information submitted electronically to be indexed and updated as appropriate within specified timeframes.

  • Maintain tools containing key underwriting information to facilitate compliance sanctions, fraud and financial crime checks pre bind and monitoring post bind.

  • Assist underwriters’ during the underwriting process, production of management information, business development and marketing.

  • Provide administrative support to underwriters and the Operations team in areas including credit control, data quality and training

  • Any other ad hoc tasks as defined and agreed with the Operations Manager.

  • All functions to be performed in accordance with Everest target operating model, policies and specific procedure manuals, as amended from time to time.

Qualifications

  • You bring experience in the insurance industry, which is a strong asset.

  • You are comfortable speaking and writing in English.

  • You're logical, analytical, and resourceful in your approach to problem-solving.

  • You pay excellent attention to detail and take pride in delivering high-quality work.

  • You’re confident and act with urgency when needed.

  • You can review complex information and retain key knowledge effectively.

  • Your organizational skills help you stay on top of tasks and priorities.

  • You communicate clearly and professionally.

  • You follow through on tasks and projects reliably.

  • You work well independently but also contribute meaningfully as part of a team.

LI-Hybrid

LI-CK1

What if I don’t 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 doesn’t 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. 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. Inclusion and Belonging.
  • 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. 

Type:

Regular

Time Type:

Primary Location:

Madrid, Spain

Additional Locations:

Privacy Notice | Everest (everestglobal.com)

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The Company
HQ: Warren, NJ
3,485 Employees
Year Founded: 1973

What We Do

Everest Group, Ltd. (“Everest”) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest is in over 100 countries across 6 continents. We provide the world with protection, we underwrite more than risk, we underwrite opportunity.

Everest Group, Ltd. is listed on the New York Stock Exchange (NYSE: EG) and is a component of the S&P 500 index.

FINANCIAL STRENGTH RATINGS
A+ by A.M. Best
A+ by S&P
A1 by Moody's

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