Title:
Head of Credit & Surety, APAC
Company:
Everest Reinsurance Company (Singapore)
Job Category:
Underwriting
Job Description:
About Everest
Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Europe, Bermuda, Canada, 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.
Everest is a growth company 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.
About the role:
We are excited to offer the opportunity to join our Asia Pacific Team as the Head of Credit & Surety, APAC to develop sustainably our Credit, Surety, and Political Risks book in Asia. This role would report directly to the Chief Executive, Senior Vice President, Asia Pacific and functionally to the Global Head of Financial Risks.
Key Accountabilities:
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Underwriting Financial Risks – markedly Credit, Surety, and Political Risks treaty business – in accordance with Everest Re underwriting and pricing guidelines.
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Assisting with optimization of existing portfolio and allocated capacity.
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Positioning Everest as an increasingly important player in the APAC region.
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Designing the market and client strategy with the Regional Managers and the Global Head of Financial Risks.
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Implementing measures to safeguard the profitability of the APAC Financial Risks portfolio.
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Visiting markets to identify, develop and maintain the relationships with cedents and brokers.
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Representing Everest at industry events.
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Maintaining a close working relationship with Pricing Actuaries, Regional Managers, and Global Head of Financial Risks.
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Working with UW Assistants and providing an efficient, high quality data entry.
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Reviewing and approving claims with Claims Department in accordance with Claims Guidelines.
Candidate Profile
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University degree in a relevant subject or a comparable recognised insurance qualification.
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10+ years of reinsurance underwriting in Financial Risks, primary experience would be a bonus.
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Enthusiastic and forward-looking mindset with a focus on continuous improvement.
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Ability to work under pressure and meet tight deadlines.
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Excellent team player with the ability to communicate and negotiate effectively, in order to best deal with business partners and internal stakeholders.
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Technical, analytical and result oriented mind.
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Proficient and effective knowledge of MS-Office products, especially Excel.
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Language skills: very good command of English and Chinese is a prerequisite for the purpose of liaising with counterparts in US Headquarters and clients in China. Additional language(s) would be an advantage.
The Everest Core Values are the foundation upon which we (a) conduct our work, and (b) conduct ourselves both internally with our colleagues, and externally with clients/customers. The Company's success and that of our employees begins with these values. All employees are expected to support and exhibit these values in their interactions with others and through their day-to-day responsibilities.
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
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.
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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.
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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.
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Type:
Regular
Time Type:
Full time
Primary Location:
Singapore Reinsurance
Additional Locations:
GDPR Privacy Notice | Everest (everestglobal.com)
What We Do
Everest Group, Ltd. (“Everest”) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest is in over 100 countries across 6 continents. We provide the world with protection, we underwrite more than risk, we underwrite opportunity.
Everest Group, Ltd. is listed on the New York Stock Exchange (NYSE: EG) and is a component of the S&P 500 index.
FINANCIAL STRENGTH RATINGS
A+ by A.M. Best
A+ by S&P
A1 by Moody's
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