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AVP, Treaty Reinsurance Underwriting - Middle East and Africa
About the position
Everest Reinsurance Company, a member of the Everest Re Group, Ltd. is currently looking for a Director/AVP Treaty Reinsurance Underwriter to join our International Reinsurance Division in the Warren, New Jersey office. If you have a strong property or casualty treaty reinsurance underwriting background, this could be an excellent opportunity to join a highly rated global leader in the reinsurance industry and contribute to its profitable growth. Working in a collaborative, fast-paced environment, you will be responsible for underwriting and managing a diversified portfolio of proportional and non-proportional reinsurance treaties for ceding companies in the Middle East and Africa. Our ideal candidate should possess very strong analytical and interpersonal skills, management experience, a global perspective, and be enthusiastic about international travel; fluency in French or Arabic will be considered a plus. This role is a Hybrid Role based in our Warren, NJ office 3 days a week onsite. Alternative office locations include New York City and Philadelphia with travel to Warren, NJ as required. The international travel component of the role is approximately 6 weeks per year and includes travel to the Middle East, Africa and Europe.
Responsibilities
- Underwriting and managing both excess of loss and proportional treaty accounts within defined underwriting authority, ensuring alignment with Everest’s risk appetite
- Making sound underwriting decisions, demonstrating appropriate underwriting skills and judgment that will achieve targeted profitability objectives
- Identifying and securing profitable new business opportunities in the Middle East and Africa region
- Defining and executing market and underwriting strategies
- Managing and mentoring junior team members
- Utilizing all internal underwriting, pricing and cat modeling tools
- Building and managing strong relationships with ceding companies and reinsurance brokers; providing exceptional levels of service
- Leading marketing trips to the Middle East and Africa; representing and promoting Everest at client and broker meetings and industry conferences/events
- Maintaining an understanding of key markets in the Middle East and Africa as well as current issues/trends affecting the insurance and reinsurance industries in general
- Adhering to internal and external compliance guidelines and maintaining proper file documentation
- Interacting and collaborating with all functional areas of the company including corporate underwriting, actuarial, claims, accounting, and contract wording
- Providing management support to the Head of Middle East and Africa Treaty
Requirements
- Minimum of 10 years of experience working as a reinsurance treaty underwriter of non-life business lines
- Bachelor’s Degree in business, risk management, or a related field is preferred
- Very strong analytical and technical skills including the ability to interpret catastrophe modeling and actuarial methodologies
- Excellent communication (verbal and written), interpersonal, and negotiating skills
- Strong computer skills; adept at using Microsoft Suite with advanced Excel skills
- Ability to develop proficiency with the company specific electronic filing and various processing systems to analyze, document and manage business
- Ability to stay organized and effectively prioritize tasks within a fast paced, team-oriented, and high intensity work environment
Nice-to-haves
- Fluency in French or Arabic would be ideal but not required
Benefits
- health insurance coverage
- an employee wellness program
- life and disability insurance
- 401k match
- retirement savings plan
- paid holidays
- paid time off (PTO)