Title:

Underwriting Assistant

Company:

Job Category:

Underwriting Operations

Job Description:

About Everest

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

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:

• Experience in the insurance industry is preferred.
• Logical, analytical and resourceful.
• Excellent attention to detail.
• Confident and will act with urgency.
• Ability to review complex information and retain knowledge.
• Good organizational skills.
• Good communication skills.
• Ability to follow through on tasks/projects.
• Must be able to work alone but also contribute as part of a team.
  
  
  

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:

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