Underwriting Assistant (6-month Contract)

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 is a leading global reinsurance and insurance provider, operating for nearly 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.

At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees.

We are recruiting for an Underwriting Assistant to be based in our Singapore Insurance office with a hybrid schedule that has the option of working two days remotely each week.

Role Purpose:

To support our Underwriting teams across new & existing business written by Everest International Insurance under the Operations team. Role will report to the UA Team Leader in Operations and work in close coordination with various UW teams as a multi-line UA.

Key Accountabilities:

• Assist underwriters in the day to day matters so as to achieve our portfolio targets across lines of business
• 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 by our BPO.
• 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.
• Provide administrative support to underwriters and the Operations team in areas including credit control queries, data quality and process improvement.
• When necessary, provide support to Underwriting teams within other classes of business.
• Any other ad hoc tasks as defined and agreed with the Head of Operations & Team Leader

Desired Skills & Experience

• Ability to deal with external stakeholders in a professional manner
• Knowledge of underwriting and facultative Insurance & Reinsurance processes
• At least two year’s relevant experience of working in an underwriting support role
• Critical to have experience and knowledge of any of the key lines of commercial lines of business such as Energy & Construction, WICA, Marine, Aviation, Financial Lines, CPR and A&H.
• Knowing how to read a slip of any of the above lines of business is very important
• Ability to stay organized in a fast paced and high intensity work environment with the ability to effectively prioritize tasks
• Willing to take initiative, function independently and be entrepreneurial with the highest standards of ethics and professionalism
• Commitment to customer service as a differentiator
• A preference for working collaboratively with colleagues & creating a strong company culture
• Strong attention to detail & a willingness to continually learn

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. 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.