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Client: Everest
Location: Zurich
Job Category: Finance
Job Reference: 00ab6df37786
Job Views: 3
Posted: 16.03.2025
Expiry Date: 30.04.2025
Job Description: 2024 Reinsurance Underwriting Assistant Programme
Schedule: Remote-Hybrid (3 days in-office, 2 days remote)
Length of Programme: 18 months
Are you interested in a career in underwriting? Perhaps you wish to become an Underwriter or you have an interest in the law and claims in the longer-term future? Join Everest as part of your PWA programme where you’ll get real insight into the world of reinsurance. This is a fantastic opportunity for smart, intuitive, inquisitive minds to join a leading global financial organisation that is genuinely passionate about the development of our entry-level employees and future leaders.
For 50 years, Everest has been a global leader in reinsurance with a broad, international footprint and deep, long-term, profitable client relationships. We have a reputation for underwriting excellence, and we focus on delivering responsive client service and customized solutions. We are ranked in the Top Ten Reinsurers worldwide. This is a huge financial services and risk management industry, and Everest Re is a key player here in London, which is the epicentre of the global insurance and reinsurance marketplace.
Our opportunity provides hands-on learning with an opportunity to work alongside some of the best reinsurance professionals in the market within underwriting, actuarial, data analysis, and claims.
What is the role of a Reinsurance Underwriter?
The job of the reinsurance underwriter is to assess and select risks. The underwriter’s role is both technical and commercial as the underwriter must determine how much risk to assume and at what cost, what are best terms and conditions of coverage, as well as negotiate and sell the deal to our broker clients.
The successful candidate will be able to work on a broad range of tasks and directly assist the Underwriting team with the following responsibilities:
Underwriting support and analysis work for the underwriting teams including trip preparation and follow-up, client management, market reviews, and internal communication with other departments.
Prepare and assist the underwriter on account renewals, data preparation, check of contractual documents, and analysis of treaties and portfolios.
Administration and compliance including data entry and maintenance in the data and accounting systems.
Assistance on specific project management tasks.
Assisting underwriters during the underwriting process, with a chance to get a handle on the technical tools used to evaluate risk.
Entry of risk information and the maintenance of underwriting files.
Monitoring and maintaining accurate and up-to-date risk data on the underwriting systems.
Producing management reports, supporting new business development, and marketing.
Produce ad hoc reports and analysis.
Participate in client visits, developing investigatory skills, and building relationships.
Beyond your day-to-day activities, we will encourage you to network within the Insurance community and to support others through our Diversity Equity and Inclusion initiatives, Mentoring Programs, and Charity Outreach Programs.
What are we looking for?
The position is open to PWA students that are hoping to build a career with a globally recognised brand name reinsurer, located in the world’s leading marketplace for Re/Insurance. We are looking for individuals who are curious and eager to learn! You will be a strong communicator, have excellent numerical and analytical skills, and enjoy building relationships and collaborating with others.
Minimum requirements
Right to work in Zurich.
Eligible candidates must be able to work out of the Zurich office, 3 days a week.
Excellent IT skills including Excel.
Languages: Fluent in English. Strong skills in French and/or German. Other European languages is an advantage.
A keen interest to learn, develop and contribute.
Must be admitted to the PWA-Wirtschaftsprogramm or Benedict Schule Zurich for consideration.
Note: Eligible applicants should apply via Everest's career site with a resume in English.
Type: Fixed Term (Fixed Term)
Time Type: Full time
Primary Location: Zurich
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