Jobs · Finance · Illinois

Property Facultative Underwriter

Everest · South Chicago, IL · 4 wk ago
HybridFinance$100k–$145k/yrFull-time

Everest is a global leader in risk management with a 50+ year heritage of enabling businesses, economies, and communities to thrive. We are underwriters of risk, growth, progress, and opportunity, focused on disciplined capital allocation and long-term value creation.

About the role

Everest has established itself as one of the foremost facultative markets in the United States. We are seeking a Property Facultative Underwriter to build and maintain direct and intermediary business relationships, cultivate and underwrite opportunities, and bind business at your general discretion.

Responsibilities

  • New business production and renewal underwriting, adhering to underwriting rules and guidelines.
  • Develop strong customer relationships through top-notch service.
  • Collaborate with claims, accounting, and product management to support company objectives.
  • Travel as needed, including monthly trips to assigned markets and territory after initial training.
  • Build relationships with ceding companies and reinsurance intermediaries.
  • Maintain awareness of competitor capabilities, strategies, and the overall insurance marketplace.
  • Experience with catastrophe models is a plus.
  • Underwrite specialty business, including power generation, mid-stream production, refining/petrochemical, specialty chemicals, renewables, and mining.

Requirements

  • Bachelor’s degree required.
  • Minimum 5 years of experience as a Property Underwriter with various occupancies, including large accounts.
  • Excellent marketing skills and established relationships with insurance companies.
  • Strong interpersonal and writing skills, with the ability to flourish in a team environment.
  • Ability to interpret engineering reports.
  • Prior reinsurance experience is a plus.
  • Ability to interpret catastrophe modeling and actuarial methodologies and output.
  • Proficiency in Excel and PowerPoint required.
  • Willingness to travel.

Pay

The base salary range for this position is $100,000 - $145,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications, and work location.

Benefits

  • Health insurance coverage.
  • Employee wellness program.
  • Life and disability insurance.
  • 401k match and retirement savings plan.
  • Paid holidays and paid time off (PTO).

Schedule

Full time, regular position.

Location

Primary location: New York, NY. Additional location: Chicago, IL - South Riverside.

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