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Underwriting Assistant EverSports and Entertainment Insurance

Title:

Company:

Everest Insurance Company

Job Category:

Underwriting

Job Description:

It’s an exciting time for Everest Re 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 is a growth company with $10.5 Billion of Gross Written Premium offering Property, Casualty and specialty products among others, through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service and customized solutions. Our insurance arm draws upon impressive global resources and financial strength to tailor each policy to meet the individual needs of our customers.

Our financial strength is evident in Financial Agency Ratings of: A+ A. M. Best, A+ S&P Global and A1 Moody’s Investor Service. We are a market leader for our broad diversified income streams, strong underlying underwriting performance with reduced volatility and strong cash flow. We take pride in being known in the industry as nimble, entrepreneurial and responsive.

Job Description:

Position requires you to perform various administrative duties that support the process of underwriting and servicing commercial lines package policies. Coordinate with Underwriting and Operations to perform rating, policy issuance, and policy servicing related duties. For assigned market segments, independently rate specific lines of business as may be assigned by Underwriting and issue policies using forms designated by the Underwriters. Work with agents and brokers servicing accounts that are bound including issuance of binders, invoices, endorsements and certificates of insurance after those requests have been approved and cleared by Underwriters.

EverSports & Entertainment Insurance is a Program Administrator, and subsidiary of Everest, whose mission is to be the recognized leader in providing contemporary insurance and risk management programs that allow for stable risk avoidance and risk transfer programs for the sports, leisure and entertainment industries.

Depending on the level of experience, responsibilities include but not limited to:

New submission and renewal clearance
Loss Controls Reports
Order various risk assessment reports/resources from internal and external sites
Prepare Renewals
Prepare regulatory Notices
Process time sensitive documents
Develop understanding and gain experience to quote new business and renew commercial policies in accordance with state regulations and company guidelines
Coordinate with Underwriters in rating any lines of business and using appropriate rates either through company rating system or manual rating
Process binders and invoices through the Agency Management System (ConceptOne) according to Underwriter’s instructions
Issue policies that have been quoted and bound using approved forms
Service policies by issuing endorsements designated by Underwriters using approved forms
Ensure that all materials required for file documentation are included in the document retention system and work with the file Underwriter should the file have documentation shortcomings
Develop and maintain proficiency in Everest policy issue and rating system as well as for all other non-Everest markets
Provide accurate data input as part of rating and policy issuance and servicing responsibilities
Stay current on relevant policy forms that are utilized in EverSports areas of specialization
Participate in EverSports training program to maintain understanding of Eversports underwriting programs
Work on special projects for Underwriting and Operations as assigned

Qualifications, Education & Experience:

Relevant work experience required.
Commercial insurance experience preferred
Risk Management/Insurance major is a plus
Minimum of 2 years’ experience for underwriting assistants and minimum 5 years’ experience for senior underwriting assistants

Knowledge, Skills & Competencies:

Attention to detail
Ability to maintain high levels of accuracy
Excellent written and oral communication
Strong organizational and prioritization skills
Strong interpersonal skills, including phone skills with the ability to work collaboratively with various levels within the organization
Excellent judgement, troubleshooting, and problem solving skills
Knowledge and proficiency in utilizing Microsoft Office Suite software applications
Strong time management
Knowledge of commercial property & casualty insurance policies, terminology and processing procedures
Knowledge and proficiency in utilizing Microsoft Office Suite software applications
Strong organizational and prioritization skills
Strong interpersonal skills, including phone skills with the ability to work collaboratively with various levels within the organization
Experience in ODEN, Policy Decisions or Concept One systems
Effective Communication

#LI-Hybrid

#LI-VP1

Type:

Regular

Time Type:

Primary Location:

Indianapolis, IN

Additional Locations:

As an effective team member, employees at Everest Insurance must champion the Everest Insurance Culture:

Collaboration: Open and transparent communication with customers and colleagues
Thoughtful Assumption of Risk: Supporting the Everest goal of carefully writing profitable business by ensuring data quality, prompt and accurate feedback to Underwriters, and operational control throughout the enterprise.
Execution: Delivering outstanding support to the organization through strong day-to-day business operations, effective project management, and careful oversight of vendors.
Humility: Caring and respectful approach to service colleagues, customers, and the community.
Leadership: By example, every day.

Everest Re Group Glassdoor Company Review

3.8

Everest Re Group DE&I Review

No rating

CEO of Everest Re Group

Juan Andrade

Approve of CEO

By Everest Re Group

EVEREST is a leading international reinsurance and insurance group with an extensive distribution network that spans five continents. With roots dating back to 1973, Everest has developed a global footprint and deep client relationships that are l...

3 jobs

INDUSTRY

Insurance Carriers

TEAM SIZE

1001-5000

LOCATION

Hybrid, based in Warren, NJ

DATE POSTED

August 4, 2023