About Everest:
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.
About the Role:
Everest Asia continues its rapid expansion in terms of geographic and product scale and scope. We are excited to offer this opportunity for a Head of Marine, Asia to take our broad Marine capabilities and deep capacity to the Asian markets from our Singapore base. As we look to execute on an exciting growth trajectory in Asia, the Head of Marine will play a critical role in setting our Marine strategy and building the capabilities and market presence.
The role will suit an individual who has gained experience in one or several of the Marine sub-classes, including Cargo, Hull and Liabilities. Our Marine offering will also include Terrorism and Fine Art & Specie. We do not expect the candidates to master all sub-classes and they will be supported by the full Everest International Marine network and leadership.
This is an important role within the Asia leadership team as we continue to underwrite opportunity and offer market leading responsiveness and a solution focused mindset to our clients and broking partners.
Role Purpose:
- Responsibility for the profitable development and growth of the Marine portfolio.
- Set and execute strategic direction across Asia with a focus on the management of risk whilst driving business growth and achieving profit objectives.
- Driving transformational change and strategic focus by maximising business value through portfolio optimisation, operational efficiency and risk selection.
- Leading, coaching and developing a Marine team, creating a work environment that fosters teamwork, innovation and cooperation.
- Finding ways to leverage technology within the Underwriting process to improve efficiency.
Key Accountabilities:
- Accountability for the strategic direction, oversight and performance of the Asia Marine Portfolio.
- Responsible for successful execution of the Marine 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.
- Formulating guidelines and executing underwriting strategy.
- Overall responsibility for the Asia Marine P&L and delivery of all key metrics.
- Develop and manage a portfolio of business, including underwriting & pricing, wording development, broker and client relationships and ensuring that all business is serviced effectively.
- Primary point for all peer reviews for the department.
- Business development and execution of yearly business and budget planning.
- Provide insurance solutions & broader risk management support to clients most complex risks and challenges.
- Developing a business and marketing plan, building brand and product awareness through broker market.
- Expanding and enhancing the current product range to allow Everest to compete with the market leaders in the sector.
Professional Experience and Skills:
- Marine expert with extensive Underwriting experience in the Asian marketplaces.
- Demonstrated ability to generate profitable new business and proven record of delivering meaningful underwriting profit.
- Credible leader with proven people management, team building and leadership skills.
- Highly collaborative and able to work effectively with peers.
- Strong technical background, problem solving analytical skills, and ability to connect data analytics with strategic deliverables to drive underwriting strategy.
- Strong network of producer and industry contacts.
The Everest Core Values are the foundation upon which we (a) conduct our work, and (b) conduct ourselves both internally with our colleagues, and externally with clients/customers. The Company's success and that of our employees begins with these values. All employees are expected to support and exhibit these values in their interactions with others and through their day-to-day responsibilities.
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
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.
