AVP, Financial Institution Underwriting at Everest Global Services, Inc. in New York, New York

Posted in Other 8 days ago.

Job Description:

AVP, Financial Institution Underwriting

Everest Insurance Company

Job Category:

Job Description:

Everest National Insurance Company, a member of the Everest Re Group, Ltd., a world class specialty underwriter with a global presence, broad underwriting expertise and A+ XV financial ratings is seeking motivated candidates interested in being part of a growing specialty insurance organization in New York City, Boston, Chicago, Los Angeles or San Francisco.

Everest National is seeking experienced business professionals to join our Everest Specialty Underwriters LLC business unit as an AVP in our Financial Institutions group.

Responsibilities Include:

  • Develop, conduct and coordinate financial analyses, company reports and company presentations to facilitate business decisions.

  • Conduct financial and business diligence including industry analysis, competitive position, growth prospects, and capital markets position on potential customers in multiple industries.

  • Growing and managing a portfolio of profitable business focused on providing Director & Officer, Errors & Omission, Employment Practices and Fiduciary Liability.

  • Developing and cultivating new and existing broker and customer relationships in assigned territory.

  • Working with brokers and clients to create customized insurance solutions.

  • Perform all aspects of the underwriting process and due diligence including review and analysis of SEC documents, capital market information, securities offering memoranda, current litigation trends and individual risk factors.

  • Negotiate deal terms and contract language.

  • Source new business opportunities through a strong broker and client network.

A successful candidate will be:

  • Smart and flexible, with excellent analytical, strategic and negotiation skills.

  • Results oriented with the ability to manage multiple projects and deals simultaneously.

  • Comfortable with analyzing financial statements across multiple industry segments.

  • A strong individual as well as a team player, capable of building effective internal and external relationships through appealing personal skills.

Desired Skills and Experience

  • Bachelor's Degree in business, finance or economics with 7 or more years of business or underwriting experience.

  • Excellent analytical skills with a working knowledge of financial statement analysis.

  • Strong interpersonal skills including strong verbal and written communication skills.

  • Effective negotiation skills with the ability to find "win/win" solutions.

  • 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 all with the highest standards of ethics and professionalism.

  • Strong attention to detail.

  • Commitment to customer service as a differentiator.

For NYC only: The base salary range for this position is $150,000 - $210,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location.




Time Type:
Full time

Primary Location:
New York, NY

Additional Locations:
Boston, MA, Chicago, IL, Los Angeles, CA, San Francisco, CA

As an effective team member, employees at Everest Insurance must champion the Everest Insurance Culture:

• Collaboration: Open and transparent communication with customers and colleagues
• Thoughtful Assumption of Risk: Supporting the Everest goal of carefully writing profitable business by ensuring data quality, prompt and accurate feedback to Underwriters, and operational control throughout the enterprise.
• Execution: Delivering outstanding support to the organization through strong day-to-day business operations, effective project management, and careful oversight of vendors.
• Humility: Caring and respectful approach to service colleagues, customers, and the community.
• Leadership: By example, every day.

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 Talent Acquisition at 1-908-604-3000.
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