Title:
2025 Everest Rotational Development Grad Scheme - Underwriting
Company:
Everest Global Services, Inc.
Job Category:
Underwriting
Job Description:
Are you interested in a career in underwriting? Join Everest’s 2025 two-year London Graduate underwriting scheme, just a stone’s throw from the iconic Lloyd’s of London building on Lime Street, in the heart of the city. 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. We pride ourselves on nurturing talent and kick-starting lifelong careers in a professional, exciting, and long-standing industry.
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 reinsurance marketplace.
Our opportunity provides a leading London training programme with hands-on learning. You will work alongside some of the best insurance and reinsurance professionals in the market within the underwriting space. We provide the tools to enable you to thrive in our Programme, and ultimately your permanent position!
What is the Opportunity?
The job of the insurance/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.
Our Graduate opportunity is a rotation programme across 4 different teams covering a variety of classes of insurance and reinsurance business. Throughout the two years, you can exposure to our insurance and reinsurance businesses, instructor-led workshops, monthly spotlight speaker series with executive leadership, networking events, self-paced course work, and the like.
Depending on the rotation, responsibilities include, but not limited to:
- Assisting underwriters during the entire underwriting process, with special focus 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.
- Maintaining and developing key relationships including brokers and both internal and external clients
- Producing management reports, supporting new business development, and marketing
- Assistance with profitability analyses, and with reserving
- Produce ad hoc reports and analysis
- Adjusting reinsurance claims from a diverse multi-class portfolio
- Attending meetings and presentations on high value and complex losses
- Participating in client visits and audits, 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?
We are looking for graduates 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.
Note: Job application for the Programme will close on 31, December 202
Minimum Requirements
- Permanent right to work in the UK
- You should have achieved (or be on target to achieve) an upper second class (2:1) degree or higher from a recognised university in any discipline
- Graduated in 2024 / Due to graduate in spring/summer 2025
- At least GCSE Grade A (or equivalent) in English and Maths. Ideally having studied Maths at AS/A Level
- Advanced Excel
Type:
Regular
Time Type:
Full time
Primary Location:
London
Additional Locations:
GDPR Privacy Notice | Everest (everestglobal.com)
What We Do
Everest Group, Ltd. (“Everest”) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest is in over 100 countries across 6 continents. We provide the world with protection, we underwrite more than risk, we underwrite opportunity.
Everest Group, Ltd. is listed on the New York Stock Exchange (NYSE: EG) and is a component of the S&P 500 index.
FINANCIAL STRENGTH RATINGS
A+ by A.M. Best
A+ by S&P
A1 by Moody's
