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Senior Fine Art & Specie Underwriter

Senior Fine Art & Specie Underwriter

Everest Advisors (UK), Ltd.London
30+ days ago
Salary
£28,000.00–£30,000.00 yearly
Job type
  • Full-time
Job description

Description

It’s an exciting time for Everest Re Group, Ltd. (“Everest”)! As we continue 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 over 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 over $16 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+ S and A1 . 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.

This position will be based in our London office with a hybrid schedule that has the option of working two days remotely each week.

Role Purpose :

We are seeking a dynamic Senior Fine Art & Specie Underwriter to join our London Market Syndicate and Company team. This role is pivotal in expanding our account in alignment with syndicate and company plans while ensuring bottom-line underwriting profitability. You will also assist in expanding our product range to position Everest as a market leader, particularly in the Umbrella and Excess arenas.

Key Responsibilities :

Business Development :

  • Assist in expanding the Fine Art & Specie account.
  • Develop new products to enhance competitiveness.
  • Collaborate with the underwriting team to execute a marketing plan.
  • Strategic Planning :

  • Contribute to the preparation of business plans, statistics, and documentation.
  • Stay updated on underwriting, regulation, and compliance changes.
  • Client Engagement :

  • Represent Everest at meetings and visits with brokers, producers, and coverholders.
  • Maintain and expand broker relationships, and develop new ones aligned with business objectives.
  • Risk Management :

  • Refer risks exceeding prescribed underwriting authority.
  • Liaise with the Claims Manager on claims-related issues.
  • Operational Excellence :

  • Participate in account and portfolio reviews.
  • Contribute to the analysis and review of underwriting practices and procedures.
  • Key Accountabilities :

    Underwriting Strategy :

  • Formulate and execute underwriting strategy in the London marketplace with the Head of Fine Art & Specie.
  • Underwrite in compliance with Lloyd’s and Everest standards.
  • Product Development :

  • Assist in the improvement of rating models, underwriting manuals, and marketing materials.
  • Develop growth strategies and coordinate underwriting between Everest offices.
  • Market Analysis :

  • Participate in underwriting peer reviews.
  • Complete and review strategic underwriting guidelines and pricing models.
  • Relationship Management :

  • Develop and maintain sound relationships internally and externally.
  • Support business travel requirements to achieve objectives.
  • Required Skills & Competencies :

  • Technical Expertise : Advanced knowledge of Fine Art & Specie underwriting or broking in the London Market.
  • Strategic Thinking : Ability to analyze trends and determine opportunities and threats.
  • Decision Making : Strong judgment and decision-making skills with a logical, objective approach.
  • Risk Management : Capable of taking calculated risks for favorable outcomes.
  • Compliance Knowledge : Understanding of internal and external management and regulatory controls.
  • Market Insight : In-depth market and product knowledge, including competitor profiles.
  • Relationship Building : Proven ability to establish and maintain strong relationships.
  • 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. Clickto 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. Diversity, Equity and Inclusion.

    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 : London

    Additional Locations :