Title: Head of Wholesale-Private Company Company: Everest Insurance Company Job Category: Underwriting 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: The Head of Wholesale Private Company will lead the private company wholesale division within Everest Insurance. This role involves overseeing the development and execution of strategies to grow the private company wholesale insurance portfolio, managing underwriting processes, and ensuring compliance with regulatory standards. The Head of Wholesale Private Company will report to and work closely with the Head of Private Company to drive profitability and enhance customer satisfaction. Key Responsibilities:
- Leadership and Management:
- Lead and manage the private company wholesale division, fostering a culture of excellence and innovation.
- Develop and implement policies, procedures, and guidelines to ensure consistency and compliance.
- Mentor and develop staff, providing leadership and professional development opportunities.
- Strategic Planning:
- Collaborate with the Head of Financial Lines & Specialty, and the Head of Private company to develop and execute the private company wholesale insurance strategy.
- Identify market trends and opportunities to expand the private company wholesale insurance portfolio.
- Develop and monitor key performance indicators (KPIs) to track the success of initiatives.
- Underwriting and Risk Management:
- Oversee the underwriting process, ensuring adherence to risk appetite and tolerance levels.
- Implement robust risk management frameworks and practices to mitigate potential losses.
- Ensure compliance with regulatory requirements and industry standards.
- Operational Efficiency:
- Streamline processes to enhance efficiency and reduce turnaround times.
- Utilize technology and data analytics to improve decision-making and operational performance.
- Stakeholder Engagement:
- Build and maintain strong relationships with brokers, clients, and other stakeholders.
- Represent the company at industry events, conferences, and meetings.
- Communicate strategies and results to internal and external stakeholders.
Qualifications: - Bachelor's degree in Finance, Business Administration, or a related field; MBA or advanced degree preferred.
- Extensive experience in P&C insurance, with a focus on private company insurance (Wholesale experience within the private company space preferred).
- Proven track record of leadership and management.
- Strong understanding of underwriting principles, risk management, and regulatory requirements.
- Excellent analytical, strategic thinking, and problem-solving skills.
- Exceptional communication and interpersonal skills.
- Ability to work effectively in a fast-paced, dynamic environment.
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.
For NY Only: The base salary range for this position is $210,000 - $275,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. #LI-Hybrid #LI-AS1 Type: Regular Time Type: Full time Primary Location: New York, NY Additional Locations: Chicago, IL - South Riverside Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at ...@everestglobal.com. Everest U.S. Privacy Notice | Everest (everestglobal.com)