Division Director Salary in Stamford, CT

Title:Senior Vice President, Head of Treaty Casualty & SuretyCompany:Everest Reinsurance CompanyJob Category:UnderwritingJob Description:About EverestEverest 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. Everest is a growth company offering Property, Casualty and specialty products among others, through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service and customized solutions. Our insurance arm draws upon impressive global resources and financial strength to tailor each policy to meet the individual needs of our customers.About the Role:An exciting Reinsurance opportunity is available to lead our Treaty Casualty and Surety Department, a $1B+ operation. Everest Reinsurance is seeking an experienced reinsurance leader with a Casualty, Professional Liability and Surety background to join our collaborative, fast-paced environment. The successful candidate will drive the development and execution of the underwriting strategy. This position will be based in either Warren NJ or Stamford CT on a hybrid schedule (3 days in the office/2 days remote)Key Accountabilities: Leading the strategic direction, oversight, and P&L performance metrics of the Treaty Casualty & Surety Portfolio. Treaty Casualty includes includes General Liability, Umbrella/Excess, Commercial Auto, WC, Management Liability, Professional Liability, Transaction liability, Cyber and Mortgage Credit Risk Transfer.Execution of yearly business and budget planning.Underwriting and managing all forms of treaty reinsurance business within guidelines. Developing and maintaining relationships with national and regional reinsurance brokers.Prospecting, cultivating, and producing new business.Develop a diverse and inclusive high performing team.Cross divisional collaboration to ensure underwriting knowledge and insights are transferred between teams.Collaborate with the Corporate Underwriting Function to ensure best of class service capabilities are in place to support Everest Underwriting capabilities.Collaborate effectively within the Global Specialties Framework including Global Credit.Responsible for successful development and execution of the Casualty plan; adjusting strategies and actions to meet the needs of a changing marketplace; effectively preserve and enhance profitability through product development and enhancement; pricing discipline, competitive analysis and the development of business-enhancing performance metrics and controls. Contribute to the determination of the underwriting appetite and advising the CUO and relevant committees and boards as appropriate.Work closely and collaborate with the leaders globally on overall strategy; portfolio and aggregate management; underwriting appetite, guidelines and budget deliverables.Represent Everest at various broker & client industry conferences and events, utilize existing and develop new external trading relationships in conjunction with line-underwriters and collaborate with all other product divisions to deliver a One Everest client-centric approach.Align, empower, and influence others through ideas, encouragement, and insight.Developing a business and marketing plan, building brand and product awareness through the broker market, working in collaboration with Global distribution team.Expanding and enhancing the current product range to allow Everest to compete with the market leaders in the sector.Ensure that the underwriting governance and control frameworks are operating effectively.Undertake regular reviews of risks written in the portfolio to ensure adherence with risk appetite, internal procedures, and regulatory requirements, and to follow up on any actions and/or escalate any risk events as required.Interact and collaborate with all functional areas of the company including actuarial pricing, reserving, contract wording, finance and claims departments.Skills & AbilitiesDemonstrable experience in progressive commercial underwriting.Extensive knowledge and experience in managing (re)insurance portfolios.Exceptional oral and written communication, with the ability to provide concise executive summaries to senior management.Highly collaborative and able to work effectively across the organization as well as with external stakeholders.Ability to challenge executive and board members constructively.Ability to adapt and embrace change, solutions driven.Tenacity and decisiveness, with the courage to take risks.Strong interpersonal skills and demonstrates respect for the opinions of others.Proven experience in leading, managing and developing underwriting talent.Collaborate with internal and external customers, stakeholders, and senior leaders and executives.Take initiative and have an entrepreneurial spirit.Be consultative providing innovative reinsurance solutions.Qualifications:A Bachelor's degree and a minimum of 15 years of insurance/reinsurance underwriting experience; reinsurance, portfolio management or program underwriting experience is strongly preferredPrior experience overseeing an underwriting casualty and/or professional liability lines department is required.Prior experience in leading, managing and developing underwriting talent.Experience in the analysis and understanding of reinsurance contract terms and conditions is preferred.Excellent marketing skills are mandatory to develop and maintain relationships with reinsurance intermediaries.Strong interpersonal, analytical and report writing skills and the ability to flourish in a team environment.Adept at utilizing commercial office software applications (such as Microsoft Office)Ability to develop proficiency with company specific electronic filing and automated processing systems to analyze, document, manage and business.Ability to stay organized within a fast paced, team-oriented, and high intensity work environment with the ability to effectively prioritize tasks.Ability to travel 30-35% primarily domestically.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-DP1#LI-HybridType:RegularTime Type:Full timePrimary Location:Warren, NJAdditional Locations:Stamford, CTEverest 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 [email protected] U.S. Privacy Notice | Everest (everestglobal.com)

VP, Casualty Facultative UnderwriterStamford, ConnecticutPermanent - Full Time About usSince Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions. We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism. Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.The roleTo underwrite reinsurance business in accordance with the business plan and within delegated underwriting authority with the purpose of underwriting a profitable account on behalf of Aspen Reinsurance in the US and Aspen Values demonstrated in the delivery and performance.Key accountabilitiesContribute to the development of the business plan for the portfolio and ensure delivery of the plan.Awareness of and contribution to the delivery of the business plan, making decisions as appropriate.Contribute and participate in all meetings, in order to share and develop strategy, knowledge and best practice.Positively promote the department, division and company as a whole, in order to maximize brand leverage.Apply the reinsurance strategy in order to safeguard the portfolio.Perform complex reinsurance solutions activities in accordance with all legal and regulatory requirements to ensure obligations are met.Adhere to underwriting standards, instructions and good practice to minimize risk and maximize efficiency.Ensure the recording and measurement of insurance risks, including DUA's where relevant, to ensure accuracy and good practice, developing or modifying policy wordings as appropriate.Act as a technical expert to support the identification of issues and opportunities within area of expertise.Establish, develop and strengthen relationships with stakeholders including customers, brokers, business partners and colleagues, to maximize influence and achieve business objectives.Demonstrate support for market associations and trade bodies.Demonstrate understanding and awareness of market dynamics and market cycle to drive and enhance business performance.Maintain an understanding of all current issues affecting the insurance and reinsurance industries as well as lines of business.Collaborate with Actuarial, Claims, Finance, etc. to achieve goals.Continually develop expertise and technical knowledge through identifying and implementing appropriate learning and development activities.Underwriting complex reinsurance risks in accordance with the business plan and the delegated underwriting authority to meet business objectives. This includes negotiating rates, terms and conditions for existing and new business (developing or modifying policy wordings as appropriate), ensuring compliance with internal and external regulations and guidelines, ensuring contribution to the business plan and objectives, and support credit control in payment collection.Contribute and influence in the review and analysis of the portfolio to identify progress towards business objectives (audits, account performance, etc.).Skills & experienceExtensive knowledge of relevant market conditions for specific class/portfolio.Thorough knowledge of Reinsurance underwriting strategy and how this translates into targets and delivery.Good knowledge of Insurance and Expected Profitability Analysis (EPA) requirements.Strong understanding of the reinsurance strategy affecting portfolio.Good knowledge of relevant underwriting systems.Strong knowledge of legal and regulatory requirements.Strong knowledge of underwriting process and procedures.Strong interpersonal and communication skills.Strong negotiating skills.Able to plan effectively and efficiently.Ability to collaborate effectively in team environment.Strong analytical skills using data for decision-making.In depth experience of working in an underwriting environment within a specialized/complex underwriting area.Specific professional qualifications (CPCU).Qualified within own professional discipline, with significant post-qualification work experience within class of business.Experienced in the use of risk profiling and pricing tools and loss models.Strong established customer/broker relationships.OtherAt Aspen we know that having a diverse and inclusive workforce is good for our people, good for our business and good for the environments in which we operate. We therefore welcome applications from people which allows us to draw on diverse cultures, perspectives, skills and experiences.