Reinsurance Underwriting Assistant I

vor 4 Wochen


Zürich, Zürich, Schweiz Everest Insurance Vollzeit
Title:
Reinsurance Underwriting Assistant I

Company:
Everest Reinsurance Company (Ireland), Dac (Zurich Branch)

Job Category:
Underwriting

Job Description:

Are you interested in a career in underwriting? This is a fantastic opportunity for smart, intuitive, inquisitive minds to join a leading global financial organization that is genuinely passionate about the development of our entry level employees and future leaders. We pride ourselves on nurturing talent and kick-starting lifelong careers in a professional, exciting, and long-standing industry.

For 50 years, Everest has been a global leader in reinsurance with a broad, international footprint and deep, long-term, profitable client relationships. We have a reputation for underwriting excellence, and we focus on delivering responsive client service and customized solutions. We are ranked in the Top Ten Reinsurers worldwide. This is a huge financial services and risk management industry and Everest Re is a key player.

This open position provides hands-on learning with an opportunity to work alongside some of the best reinsurance professionals in the market within underwriting, actuarial, data analysis and claims.

So, what is reinsurance?

Essentially, it's the insurance of insurance. Our clients are insurance companies who need additional protection for the risks they assume. But this additional protection is not for the standard car, home, and pet coverage you might think of when you hear the word 'insurance'. Here at Everest, we reinsure special, high- value or high-risk businesses and industries across different classes of insurance such as Aviation, Property, Engineering, Public and Employers' Liability, Professional Indemnity, Medical Malpractice, Accident & Health, Contingency and Cyber.......

When the worst happens, a policyholder is reliant on their Insurer to help them recover and move forward. But what happens when a hurricane hits the USA, a major music festival is cancelled or a CEO's ill-timed tweet plunges a company's share price? Thematic events like this can result in huge losses for Insurers and that is where reinsurance comes in. Reinsurers like Everest Re not only pay claims at the time of loss; more importantly, we provide business continuity.

What is the role of a Reinsurance Underwriter?

The job of the reinsurance underwriter is to assess and select risks. The underwriter's role is both technical and commercial as the underwriter must determine how much risk to assume and at what cost, what are best terms and conditions of coverage, as well as negotiate and sell the deal to our broker clients.

The actuaries are crucial in helping us achieve a profitable portfolio through analysis of numerical data and trends and determining appropriate risk-adjusted prices. Actuaries also work to determine how much we should "reserve" for current and future losses.

Our claims executives evaluate claims to determine if coverage applies and what the final indemnity should be to adequately compensate for the loss, which is the ultimate purpose of insurance and reinsurance.

The successful candidate will report to the head of western Europe and assist the Underwriting team with the following.

Responsibilities include but not limited to:
  • Underwriting support and analysis work for the underwriting teams:
    • Trip preparation and trip follow up
    • Client management and market reviews
    • Reporting tasks
    • Internal communication with other departments (Accounting, Claims, IT, etc).
    • Desk research on specific topics
  • Prepare and assist the underwriter on account renewals
    • Data preparation
    • Check of contractual documents
    • Analysis of treaties and portfolios
  • Administration and compliance
    • Data entry and maintenance in the data and accounting systems.
  • Assistance on specific projects management tasks.
  • Assisting underwriters during the underwriting process, with also a chance to get a handle on the technical tools used to evaluate risk.
  • Entry of risk information and the maintenance of underwriting files
  • Monitoring and maintaining accurate and up to date risk data on the underwriting systems.
  • Producing management reports, supporting new business development, and marketing
  • Produce ad hoc reports and analysis
  • Get a chance to participating in client visits developing investigatory skills, and building relationships.
Beyond your day-to-day activities we will encourage you to network within the Insurance community and to support others through our Diversity Equity and Inclusion initiatives, Mentoring Programs and Charity Outreach Programs.

Your profile
  • Recent University graduate or a recognized insurance qualification.
  • Right to work in Zurich
  • Eligible candidates must be able to work out of the Zurich office, minimum 3 days a week.
  • Enthusiastic and forward-looking mindset with a focus on continuous improvement.
  • Ability to work under pressure and meet tight deadlines.
  • Team player with the ability to communicate effectively.
  • Technical, analytical and result oriented mind.
  • Proficient and effective knowledge of MS-Office products, especially Excel.
  • Languages: Fluent in English. Strong skills in French and/or German. Other European languages is an advantage.
Note: Eligible applicants should apply via Everest's career site with a resume in English.

Type:
Fixed Term (Fixed Term)

Time Type:
Full time

Primary Location:
Zurich, Switzerland

Additional Locations:

GDPR Privacy Notice | Everest )
  • Underwriting Data

    vor 1 Monat


    Zürich, Zürich, Schweiz Swiss Re AG Vollzeit

    Location: Zurich, Zurich, CHUnderwriting Data & Analytics Specialist (m/f/x/d, % Hybrid)Are you passionate about Data and Analytics? You love to combine the two and build impactful products for others so they can act upon the generated insights? Then we have an exciting opportunity for you to apply your skills in a reinsurance context and shaping the...

  • Underwriting Data

    vor 4 Wochen


    Zürich, Zürich, Schweiz Swiss Re Vollzeit

    Are you passionate about Data and Analytics? You love to combine the two and build impactful products for others so they can act upon the generated insights? Then we have an exciting opportunity for you to apply your skills in a reinsurance context and shaping the transformation of treaty underwriting. About the RoleAs a member of our team, you will...

  • Underwriting Data

    vor 3 Wochen


    Zürich, Zürich, Schweiz Swiss Re Vollzeit

    Are you passionate about Data and Analytics? You love to combine the two and build impactful products for others so they can act upon the generated insights? Then we have an exciting opportunity for you to apply your skills in a reinsurance context and shaping the transformation of treaty underwriting. About the Role As a member of our team, you will...


  • Zürich, Zürich, Schweiz RenaissanceRe Vollzeit

    RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims.Our global team shares a passion for solving our customers' biggest problems through a...


  • Zürich, Zürich, Schweiz Zurich Insurance Group Vollzeit

    About the RoleThis is a senior position that requires at least 5+ years of experience in Underwriting or Risk Management in Accident & Health lines with excellent knowledge of Underwriting and pricing principles/methodologies.Key ResponsibilitiesSupport the development and execution of Global Underwriting strategy for Accident, Health & TravelProvide subject...


  • Zürich, Zürich, Schweiz Zürich Versicherungs-Gesellschaft AG Vollzeit

    About the RoleThis is a senior position that requires at least 5+ years of experience in Underwriting or Risk Management in Accident & Health lines with excellent knowledge of Underwriting and pricing principles/methodologies.Key ResponsibilitiesSupport the development and execution of Global Underwriting strategy for Accident, Health & TravelProvide subject...

  • Head of Agriculture

    vor 3 Monaten


    Zürich, Zürich, Schweiz SCOR Services Switzerland AG Vollzeit

    The role is to lead the Reinsurance Specialty Line (SL) Agriculture underwriting department, consisting of 7 underwriters (direct reports) writing business on worldwide basis, and 1 underwriter (dotted line report) leading the Agriculture sales and underwriting department of ESSOR (Brazilian Insurance company owned by SCOR). Agriculture is one of the 7...


  • Zürich, Zürich, Schweiz Swiss Re AG Vollzeit

    Location: Zurich, Zurich, CHSenior Property Treaty Underwriter %) About the roleAre you a highly motivated individual looking for an outstanding professional opportunity? Then look no further and join our team spread across the US.The role focuses on our global Reinsurance Property Treaty business, with particular emphasis on the Americas region. In this...


  • Zürich, Zürich, Schweiz Swiss Re Vollzeit

    About the RoleIn this position, you will be responsible for conducting risk assessments and developing strategies for the chemical industry, power generation, manufacturing, and energy technologies. You will analyze existing and emerging risks and contribute to the development of reinsurance underwriting and portfolio management strategies.Key...

  • Portfolio Modelling

    vor 2 Monaten


    Zürich, Zürich, Schweiz Swiss Re Vollzeit

    During your internship, you will support the Portfolio Strategy team on various tasks, with the main focus on modelling activities for reinsurance portfolio steering, involving a mix of pricing, actuarial and stochastic simulation techniques. We would be happy to combine the internship with a master's thesis, project, or similar, which we would...


  • Zürich, Zürich, Schweiz Helvetia Insurance Group Vollzeit

    About the RoleWe are seeking a highly skilled and experienced Underwriter Support Specialist to join our team at Helvetia Insurance Group. As an Underwriter Support Specialist, you will play a critical role in ensuring the smooth operation of our underwriting processes.Key ResponsibilitiesProcess new and renewal business and enter contracts in systems...

  • Portfolio Modelling

    vor 2 Monaten


    Zürich, Zürich, Schweiz Swiss Re AG Vollzeit

    Location: Zurich, Zurich, CHPortfolio Modelling & Analytics Intern (6 months, starting September/October 2024)During your internship, you will support the Portfolio Strategy team on various tasks, with the main focus on modelling activities for reinsurance portfolio steering, involving a mix of pricing, actuarial and stochastic simulation techniques. We...


  • Zürich, Zürich, Schweiz Swiss Re Vollzeit

    Are you passionate about using and broadening your underwriting knowledge in one of the best reinsurance companies in the world? Does the interaction with clients excite you? Then apply now as we are looking for a highly motivated, ambitious (Senior) Facultative Underwriter Casualty for our team in Zurich About the Role The position will entail originating,...


  • Zürich, Zürich, Schweiz Swiss Re AG Vollzeit

    Location: Zurich, Zurich, CH(Senior) Underwriter Facultative Casualty Italy (Hybrid - m/f/x/d %)Are you passionate about using and broadening your underwriting knowledge in one of the best reinsurance companies in the world? Does the interaction with clients excite you? Then apply now as we are looking for a highly motivated, ambitious (Senior) Facultative...


  • Zürich, Zürich, Schweiz Starr Insurance Companies Vollzeit

    About Starr Insurance CompaniesStarr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.Our MissionWe are dedicated to providing innovative insurance solutions...


  • Zürich, Zürich, Schweiz Starr Insurance Companies Vollzeit

    About Starr Insurance CompaniesStarr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.Our MissionWe are dedicated to providing innovative insurance solutions...


  • Zürich, Zürich, Schweiz AXA Group Vollzeit

    Senior Credit Risk Analyst Zurich, London or Paris The Senior Credit Risk Analyst within the Reinsurance Security Department (RSD) will be responsible for performing the counterparty credit risk assessment for Global Programs (including underlying captives) and Facultative reinsurance placements for the UK, Europe and Asia Pacific region.Will provide...

  • Casualty Underwriter

    Vor 2 Tagen


    Zürich, Zürich, Schweiz Swiss Re Vollzeit

    About the RoleYour job will entail originating, evaluating and underwriting facultative business within your assigned portfolios. You will be able to assess a wide range of risk types with your experience and by applying innovative models. A meaningful part of your role will be to foster client and broker relationships and develop new opportunities with...


  • Zürich, Zürich, Schweiz Swiss Re Vollzeit

    Are you passionate about ensuring accurate decision-making in reinsurance? Are data-driven analytics with strong hands-on business focus close to your heart? Are you an actuary in spirit (or possibly by experience and education) or has your work until now been more concentrated on using analytics to extract meaning and direction from data? Within Casualty...


  • Zürich, Zürich, Schweiz Swiss Re Vollzeit

    Are you passionate about ensuring accurate decision-making in reinsurance? Are data-driven analytics with strong hands-on business focus close to your heart? Are you an actuary in spirit (or possibly by experience and education) or has your work until now been more concentrated on using analytics to extract meaning and direction from data? Within Casualty...