Senior Property Underwriter

Company:

Everest International Reinsurance, Ltd. (Australia)

Job Category:

Underwriting

Job Description:

About Everest:

Everest is a global leader in risk management, with over 50 years of experience helping businesses navigate uncertainty and enabling economies to thrive. We underwrite risk, growth, progress, and opportunity. Our global team is committed to disciplined capital allocation and long-term value creation for all stakeholders. We care deeply about our impact on communities and the wider world.

Role Purpose

Everest Insurance is expanding its Property portfolio across Australia and the Pacific region. Based in Melbourne, this role offers an exciting opportunity to shape our growth strategy, drive underwriting excellence and build strong relationships with brokers and clients. As a senior member of the team, you will contribute to profitability, growth, service excellence, and producer relations, specifically focusing on the Melbourne placement market and also across Australia and the Pacific region.

Join us on this journey of growth and expansion Let's work together to achieve new heights of success while continuously advancing your professional development.

Key Accountabilities

• Your main responsibility will be to act as a senior technical underwriter, bringing your extensive expertise in Property products to assess risks and make informed decisions that align with our strategic goals. Your ability to analyse complex underwriting data, identify potential opportunities, and mitigate risks will be instrumental in our continued success and expansion.
• Expanding the Property account in line with overall business appetites, controls, underwriting strategy, and guidelines, always maintaining a focus on bottom line underwriting profit.
• Building strong and lasting relationships with major customers and brokers is critical aspect of this role. Your excellent interpersonal and communication skills will help you foster trust, understand their needs, and deliver tailored solutions that exceed expectations.
• Underwrite and price Property risks, in various forms of Primary, Excess of Loss and Quota Share, and determine the acceptability of these complex risks both in terms of catastrophe, risk and compliance exposures.
• Bind various coverages subject to authority level and promptly respond to inquiries from all producers and internal colleagues alike
• Prepare quotations and formal proposals on new and renewal business.
• Ensure that documentation is completed timely and accurately according to EGM or Company standards.
• Assist with the development and evolution of divisional pricing, accumulation, Catastrophe Management assessments and other line related requirements as necessary and to support Country and Line management.
• To be an innovative and forward-thinking company, we encourage you to bring fresh ideas and perspectives to the table. Your creative thinking and strategic insights will contribute to the ongoing enhancement of our underwriting processes and market positioning.
• Assist Head of Property in addressing and resolving overdues, workflow and various clerical issues within EGM or Company stamp business as necessary.
• Effectively communicate with management on all issues both within and outside the Unit as needed and interact and coordinate activities with other departments (e.g. Claims, Loss Control, and Accounting).
• Responsible for complying with proper internal controls as necessary to conduct job functions and / or carry out responsibilities and / or administrative activities at EGM/Company stamp.
• Purchase acceptable Facultative Reinsurance where applicable and in line with management requirements to manage and smooth account volatility where appropriate.
• Ensure Everest core value commitments are understood and upheld.
• Any other duties as directed

Essential Skills:

• Demonstrated effective communication, negotiation and interpersonal skills to be capable of dealing with all levels of Everest personnel as well as in dealing with agents, brokers and clients
• Full understanding of the Insurance Industry and how Client/Broker/Insurer relationships operate
• Proven analytical skills necessary to judge the desirability of complex or unusual risks within assigned specialised line
• Proven record in insurance sales
• Must have leadership and organisational skills through past management experience
• The ability to be able to respond appropriately to all levels of Clients/Brokers and Everest personnel
• Accuracy and attention to detail
• Demonstrated skill in PC software, Microsoft Office (Word, Excel), Microsoft Outlook and new software as it applies to the position

Experience:

• Previous Insurance experience essential – minimum 10 years. Preferably Property and Commercial lines experience.
• Experience in Energy would be a plus.
• Relevant on-the-job experience

Qualifications:

• Working towards or obtained ANZIIF qualifications
• Tertiary qualification (Business or Statistics) desirable, but not essential

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.

• 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:

Full time

Primary Location:

Melbourne, Australia

Additional Locations:

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