Title:

Underwriting Assistant

Company:

Everest International Reinsurance, Ltd. (Australia)

Job Category:

Underwriting

Job Description:

Job Description

It’s an exciting time for 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 Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years 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.

We are recruiting for an Underwriting Assistant to be based in our Australian Insurance office, with a hybrid working model that currently includes the option to work remotely up to two days per week. While we aim to support flexibility where possible, remote working arrangements may evolve over time in response to business needs.

Role Purpose:

To primarily support the Underwriters across new or existing classes of business written by Everest International Insurance, whilst working as a member of the Operations Underwriting Support team to deliver accurate risk, record keeping and reporting. As part of a small team you will support multi line underwriting teams such as Property, Energy, Liability, Marine, Aviation, Financial Lines or A&H.

Key Accountabilities:

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 routine and ad hoc data quality checks to maintain accuracy of underwriting records.Maintain a comprehensive and organized electronic audit trail by storing all risk-related documents and correspondence in the designated document repository system.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. Monitor and update electronically submitted data as necessary.Maintain tools containing key underwriting information to facilitate compliance sanctions, fraud and financial crime checks pre bind and monitoring post bind.Provide day-to-day administrative and operational support to Underwriters throughout the underwriting process, including assistance with management information (MI) production, business development activities, and marketing support.. Deliver broader administrative and operational support to the Underwriting and Operations teams, particularly in areas such as credit control, data integrity, training, and the implementation of process improvements.Act as a key liaison between onshore teams and the offshore partner, facilitating workflow management, ensuring clear communication of expectations, coordinating handoffs, and supporting quality control measures to optimize team efficiency and service delivery.Assist in coordinating operational projects and initiatives, including documentation of procedures, continuous improvement efforts, and cross-functional collaboration. Undertake other ad hoc administrative or operational tasks as assigned by the Head of Operations to support business continuity and operational effectiveness.Provide cross-class underwriting support as required, contributing to flexibility and collaboration across the broader team. All functions to be performed in accordance with Everest target operating model, policies and specific procedure manuals, as amended from time to time.Any other duties as directed

Professional Experience:

At least 12 months relevant experience of working in an underwriting support role or an Insurance Operations role.Knowledge of one of the following lines; Energy, Marine, Aviation, Financial Lines and /or A&H business is desiredAbility to deal with internal and external stakeholdersKnowledge of underwriting, claims and facultative reinsurance processes

Skills & Abilities

Excellent attention to detailStrong problem solverGood organisational skillsGood communication skillsLogical, analytical and resourcefulAbility to follow through on tasks/projectsAbility to multi-task and juggle prioritiesMust be able to work autonomously but also contribute as part of a teamAbility to work in a dynamic start-up environment with a fast-paced, innovative culture

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.  

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Type:

Regular

Time Type:

Primary Location:

Melbourne, Australia

Additional Locations:

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