Title: Assistant Vice President – Marine - Senior Underwriting Specialist (Toronto/Vancouver) Company: Everest Insurance Company Of Canada Job Category: Underwriting Job Description: Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world. In this newly created position, you will report to the Head of Energy, Construction, and Marine of Everest Insurance Company of Canada (‘EvCan’, ‘Company’) with an informal matrix to the Head of Marine – International in London. You will be a key member of EvCan’s specialty underwriting team. Alongside your peers, you will foster a culture of underwriting excellence, entrepreneurship, transparency, collaboration, and candor. You will support the launch of the Marine underwriting department in Canada and the execution of the department’s key objectives. You will be instrumental in maintaining excellent distribution and customer relationships, driving the profitable growth of EvCan’s Marine portfolio. Responsibilities: Working with local leadership and global product leadership, supporting the launch the Canadian Marine department. Assist in expanding the Marine portfolio in line with Company plans whilst maintaining a focus on bottom-line underwriting profit and delivery of Everest internal plans. Assist in creating & expanding the current product range to allow Everest to compete with the market leaders in the sector. Monitor and keep abreast of changes in underwriting, regulation, and compliance. Underwrite and refer risks (as required) as appropriate that exceed prescribed underwriting authority. Assist in developing a marketing plan whilst maintaining and expanding existing broker relationships, developing new relationships where this is consistent with the objectives of the business plan. Liaise with the Claims Manager on claims related issues and participate in account and portfolio reviews. Contribute to the regular analysis and review of underwriting practices and procedures. Alongside local leadership and the Head of Marine – International, formulate and execute an underwriting strategy in the Canadian market. Assist with the completion and review of underwriting guidelines and pricing models. Assist in improving the Company’s management information systems, rating models, underwriting manuals, service standards, marketing materials, website, and risk management and claims functions as related to the Marine portfolio. Participate in the underwriting peer review process. Be responsible for distribution, business and product development/expansion related to the Marine portfolio. Develop growth strategy for areas of responsibility and coordination of underwriting between Canada & London and other Everest offices as needed. Underwrite in compliance with Everest prescribed underwriting standards. Qualifications: A person that demonstrates high integrity and embodies the cultural values of Everest. Minimum ten (10) years of progressive commercial underwriting experience with a specialization and expertise in Marine insurance. Technically strong with the ability to inspire confidence at client, leadership, and regulatory levels. Superior knowledge of underwriting and pricing concepts. Deep knowledge of the Canadian Marine market. Established distribution relationships with key Marine brokers. Ability to think strategically and translate thinking into tangible plans to drive the business and achieve objectives. Deep understanding of the Marine portfolio through the insurance cycles. Ability to work collaboratively with stakeholders across the Company and geographies, creating alignment and support behind department priorities. Exceptional oral and written communication with the ability to effectively present key themes to distribution partners and senior leadership alike. A bias for action with a high sense of urgency, strong work ethic, and drive for results. Expected to travel to key markets across Canada and occasionally to US/London. #LI-Hybrid #LI-RS1 What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process. 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. Inclusion and Belonging. 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. Type: Regular Time Type: Full time Primary Location: Toronto - Insurance Canada Additional Locations: Everest Canada. Privacy Notice | Everest (everestglobal.com) Beware of recruitment fraud Please be cautious of phishing scams involving fake Everest job postings and individuals posting as Everest representatives making phony job offers. Always verify the identity of the recruiting professionals you work with. What you should know: At Everest, your privacy, security, and safety are of utmost importance to us. Everest will never ask for payment or any financial information as part of the hiring process. All job-related written communications from our internal recruitment team will come from official email addresses that end in our company domain. EVEREST is a leading international reinsurance and insurance group with an extensive distribution network that spans five continents. With roots dating back to 1973, Everest has developed a global footprint and deep client relationships that are largely unmatched by its peers. The Company’s principal business strategies seek to leverage its strengths to optimize returns over the underwriting cycle, thereby creating value for its shareholders and business partners.
