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Title:
Head of Risk Management, Casualty Insurance
Company:
Everest Insurance Company
Job Category:
Executive
Job Description:
Everest Group, a NYSE listed S&P 500, is a leading global reinsurance and insurance provider, operating for nearly 50 years all over the world. Everest is a growth company offering Property, Casualty and Specialty products. We have extensive product and distribution capabilities backed by a strong balance sheet which is evident in our Financial Agency Ratings of: A+ A. M. Best, A+ S&P Global and A1 Moody's Investor Service. We take pride in being known in the industry as nimble, entrepreneurial and responsive. Our culture is innovative, and we empower our employees to make business decisions within our risk framework at a local level.
Everest Insurance Company, a member of Everest Group, is actively seeking a Head of Risk Management, Casualty to lead all aspects of P&L management for our Risk Management Primary Casualty & National Accounts underwriting team. Based in New York City, Warren or Chicago, they will report to the North America Head of Casualty and Industry Practices- US Retail, working a hybrid schedule of 3 days a week in the office, 2 days remote.
Responsibilities:
Oversee Profitable Growth. The Head of Risk Management, Casualty will be responsible for leading their team and collaborating with others to deliver the agreed upon top-and-bottom-line annual business plan. They will do this with a target of delivering consistent underwriting profit that meets or exceeds Combined Ratio targets. Collaboration with other product lines to provide full support to the client is a must. They will also perform portfolio management of the North American Casualty book of business to ensure underwriting discipline. This includes streamlining underwriting processes and ensuring they are continuously updating and streamlining the underwriting guidelines.
Leadership. The Head of Risk Management Casualty is responsible for directly recruiting, leading, coaching and developing the underwriting staff, with support from the CUO teams. This position will also align with and liaison with key Functional leadership contacts to address service, operational infrastructure, financial reporting, and data analytics needs. The individual must be an exceptional leader, who maintains a "can do", goal-oriented, entrepreneurial environment that stresses employee performance and accountability, teamwork, management credibility and success. The person must be a strong communicator who can gain trust immediately and inspire the team. The individual will align, engage, empower, and influence others through ideas, encouragement, and insight. The leader will create a work environment that fosters teamwork, innovation, and cooperation by establishing a disciplined engagement cadence and protocol for monitoring all aspects of P&L performance including production and portfolio management KPI targets.
Growth Strategist. This leader will be responsible for successful execution of the overall Risk Management plan, adjusting strategies and actions to meet the needs of a changing marketplace. They will effectively preserve and enhance profitability through risk selection, pricing discipline and the development of business-enhancing performance metrics and controls. They will develop timely new and renewal account strategies for profitable production, including collaborating and identifying synergies with National Accounts Excess Casualty, as well as with other business units within Everest. Other business units include, but are not limited to: Multinational, Everest Canada, Property and Everest Specialty Underwriters.
Market Relationships & Brand Builder. Working with Sales and Distribution, they will be responsible for developing and maintaining relationships with retail production sources and large Insureds to facilitate new and renewal business growth. They will create relevance among key trading partners and ensure we maintain a robust pipeline of qualified opportunities. They will also lead the organization around brand awareness and affinity by providing thought-leadership and insight on emerging risks, trends and opportunities to the marketplace and brokers. This position will require regular meeting engagements with key brokers and clients across the country throughout the year.
Work Experience and Qualifications:
o Bachelors' degree or above and insurance certifications.
o Minimum 15+ years' experience in underwriting and managing large account primary casualty lines, including general liability, automobile, and worker's compensation. Well versed in all forms of loss responsive program structures.
o Minimum of 15+ years of leading underwriting teams.
o Proven people management, team building and leadership skills.
o Ability to inspire and influence a high-performance team and the greater Everest businesses.
o Strong producer following in retail distribution channels, as well as relationships in the Risk Manager community.
o Demonstrated ability to generate profitable new business and proven record of delivering meaningful underwriting profit.
o Ability to translate broad strategic direction into actionable operational plans supported by specific goals, tactics, timelines and budgets.
o Proven ability to drive performance by building an understanding of key drivers, through establishment of targets and metrics, setting clear accountabilities and aligning rewards with performance.
o Outstanding interpersonal relationship building and employee coaching and development skills.
o Proficient at applying data analytics to drive underwriting strategy and actions.
o Clear, effective and engaging communicator, both verbal and written.
o Ability to successfully complete multiple tasks within a fast-paced, team-oriented, working environment.
o Entrepreneurial and creative spirit that is capable of translating emerging trends and customer insight into profitable strategies and business plans.
For NYC Only: The base salary range for this position is $280,000 - $360,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location.
#LI-Hybrid
#LI-ED1
Type:
Regular
Time Type:
Full time
Primary Location:
New York, NY
Additional Locations:
Chicago, IL - South Riverside, Warren, NJ
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 everestbenefits@everestglobal.com.
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This job has expired.
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