Senior Underwriter, Life Sciences at Everest Global Services, Inc. in San Francisco, California

Job Description:

Title:
Senior Underwriter, Life Sciences


Company:
Everest Insurance Company


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.


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



About the Role:



The Everest Insurance Life Sciences senior underwriter engages with insurance brokers, soliciting Life Sciences Industry products liability submissions. The underwriter reviews the submitted materials/applications, determines suitability, decides whether to provide a proposal for insurance, and under what terms. The underwriter is also expected to be building on business relationships with both key, established brokers and seeking new, potentially fruitful relationships with emerging brokers.


Responsibilities include but are not limited to:

• Utilizing authority to underwrite and price business for the following lines of coverage: Life Sciences Products Liability, Workers Compensation, Commercial General Liability, Property and Commercial Auto liability, while adhering to divisional underwriting guidelines.


• Establishing and maintaining national & regional broker relationships.


• Assisting in development and execution of business strategy necessary to drive submission flow and binding of profitable business.


• Working collaboratively with home office, marketing & distribution, actuary, claims, loss control, premium audit, and legal in an effort to develop and maintain a profitable portfolio of Life Sciences insurance placements.


• Management & oversight of junior staff.

Qualifications:

• College degree preferred, with a minimum of 7-10 years of experience underwriting Life Sciences products liability insurance.


• Should have significant experience and expertise in working with a broad array of risk management program structures including Guaranteed Cost and Loss Sensitive programs.


• Existing relationships with brokers handling upper middle market business and/or direct client relationships required.


• Possess strong presentation, communication, and business development skills.

For California Only: The base salary range for this position is $125,000 - $165,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location.


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.


#LI-HYBRID


#LI-AS1


Type:
Regular


Time Type:
Full time


Primary Location:
Los Angeles, CA


Additional Locations:
San Francisco, CA


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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