AVP Underwriter, Transactional Risk

Title:

AVP Underwriter, Transactional Risk

Company:

Everest Insurance Company

Job Category:

Underwriting

Job Description:

About Everest

Everest 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.

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

Job Summary:

Everest is seeking an AVP Underwriter of Tax & Transactional Risk to join our team. This role will be responsible for overseeing tax-related risks in corporate transactions, managing due diligence processes, and providing strategic insights to mitigate potential tax liabilities.

Responsibilities include:

• Conduct legal, financial and business due diligence including industry analysis, competitive position, growth prospects, and capital markets position on potential transactional risk opportunities
• Growing and managing a portfolio of profitable business focused on providing Representations & Warranties and Tax Indemnity Insurance products
• Developing and cultivating new and existing broker and customer relationships
• Working with brokers and clients to create customized insurance solutions
• Perform all aspects of the underwriting process and due diligence including review and analysis of purchase and sale agreements, financial statements, current litigation trends and individual risk factors
• Negotiate deal terms and contract language
• Source new business opportunities through a strong broker, legal firm and client network

A successful candidate will be:

• Results-oriented with the ability to manage multiple projects and deals simultaneously
• Comfortable with analyzing purchase and sale agreements, financial statements, and other legal documents across multiple industry segments
• A strong individual as well as a team player, capable of building effective internal and external relationships through interpersonal skills

Desired Skills and Experience:

• Law degree with a minimum of 3 years of experience at a law firm, preferably in the M&A group, or a minimum of 5 years prior transactional risk underwriting experience
• Excellent strategic, negotiation and analytical skills with a working knowledge of financial statement analysis
• Strong verbal and written communication skills
• Effective negotiation skills with the ability to find “win/win” solutions
• Ability to stay organized in a fast-paced and high-intensity work environment; ability to effectively prioritize tasks
• Willing to take initiative, function independently and be entrepreneurial all with the highest standards of ethics and professionalism
• Strong attention to detail
• Commitment to customer service as a differentiator

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.

For NY Only: The base salary range for this position is $175,000 – $230,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location.

Type:

Regular

Time Type:

Full time

Primary Location:

New York, NY

Additional Locations:

Atlanta, GA, Warren, NJ

Everest 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].

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