Title:
Underwriting and Governance Support Specialist
Company:
Everest Advisors (UK), Ltd.
Job Category:
Underwriting
Job Description:
About Everest:
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.
This position will be based in our London office with a hybrid schedule that has the option of working two days remotely each week.
Job Detail:
This is a senior level full-time position that reports to the Head of Underwriting Governance. The team provides support to the Chief Underwriting Office and Executive Management team with responsibility for oversight and governance of its local and international underwriting activities.
The primary purpose of the role is to provide support to the Active Underwriter and Syndicate Manager of Everest 2786 for oversight and governance of the Lloyd's platform underwriting activities.
KEY ACCOUNTABILITIES:
* Monitor and maintain currency of underwriting authorities and guidelines.
* Exception report monitoring including alerting the team to any breaches of authority.
* Monitor and report on results of Self Audits and Lloyd's Peer Review process results across all lines of business. Ensure that all findings are followed up and resolved.
* Liaise with multiple stakeholders including underwriting, compliance, risk, finance, claims, reinsurance, and executive functions.
* Liaise with Wordings Group regarding Lloyd's specific clauses.
* Support the extraction, interpretation, and provision of management information from the Company's Core software packages.
* Support the Syndicate Manager in preparation of all planning and reporting documents. This includes but is not limited to SBF, QMA/QMB, and various pool returns, such as ATIA.
* Support internal and external audit processing.
* Support referral processes where required.
* Aiding adherence to the 13 principles of Doing Business at Lloyd's.
PERSON SPECIFICATION:
* Broad experience across multiple lines of business with a sound understanding of both Open Market business and Delegated Underwriting.
* Experience in regulatory oversight and governance is an advantage.
* Understands Management Information and key performance metrics.
* Can construct and interpret data.
* Experience with conduct exposed products is an advantage.
* Highly collaborative and able to work effectively across the organisation as well as with external stakeholders, in particular brokers and Coverholders.
* Ability to adapt and embrace change.
* Strong interpersonal skills and demonstrates respect for the opinions of others.
* Outstanding communication skills, both written and verbal.
* Good understanding of underwriting in the Lloyd's marketplace.
* Solid knowledge of Lloyd's operating model.
Competencies:
The role holder will be required to embrace the Everest Core Values: Collaboration, Thoughtful Assumption of Risk, Execution, Humility, and Leadership.
The Everest Core Values are the foundation upon which we (a) conduct our work, and (b) conduct ourselves both internally with our colleagues, and externally with clients/customers.
The Company's success and that of our employees begins with these values. All employees are expected to support and exhibit these values in their interactions with others and through their day-to-day responsibilities.
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.
* 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, and 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, and 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:
Full time
Primary Location:
London
Additional Locations:
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