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  • Head of Surety - Canada Toronto
  • Everest in Toronto, , Canada
  • jobs
  • 1 week ago

jobs description

Title:

Head of Surety - Canada

Company:

Everest Insurance Company Of Canada

Job Category:

Underwriting

Job Description:

About Everest:

It’s an exciting time for Everest Group, Ltd. (“Everest”)! As we continue on our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets.

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.

Everest is a growth company with $14 Billion of Gross Written Premium 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.

Our financial strength is evident in Financial Agency Ratings of: A+ A. M. Best, A+ S&P Global and A1 Moody’s Investor Service. We are a market leader for our broad diversified income streams, strong underlying underwriting performance with reduced volatility and strong cash flow. We take pride in being known in the industry as nimble, entrepreneurial and responsive.

Everest Insurance Company of Canada is seeking a highly motivated individual to join our Company in the position of Assistance Vice President, Head of Surety - Canada. As a key member of the Financial Lines team, reporting to the Head of Financial Lines, you will be accountable for all facets of renewal and new business production for Everest’s growing insurance group.

Responsibilities include but not limited to:
• Developing/expanding Canadian presence by actively meeting with and soliciting brokers/agents
• Underwriting mid and upper-mid market contract and Fortune 1,000 commercial surety accounts (US and foreign-based indemnitors).
• Solid foundation in financial statement analysis –Annual Reports, AIF’s, Analyst Reports and Prospectuses.
• Working with Surety leadership and Credit functions to produce surety business that meets Everest’s underwriting and credit criteria.
• Appointing and managing agents and brokers; setting goals and objectives for each agent and broker. This includes Agency visits as appropriate for managing these goals and objectives.
• Implementing pricing and selection standards that support strategic objectives and achieve desired financial goals set by management.
• Providing highest level of product quality and customer service.
• Working within a matrix organization structure to grow the Surety product line while fostering EvCan’s overarching marketing, distribution, and growth strategies.

Qualifications, Education & Experience:
• Bachelor’s Degree is preferred, or a College Diploma with applicable work experience.
• Minimum of 6 years of experience in Surety or equivalent banking/investment experience.
• Experience in both Commercial and Contract Surety Underwriting considered an asset.

Knowledge, Skills & Competencies:
• Exceptional oral and written communication with the ability to concisely provide executive summaries to senior management.
• Strong problem-solving analytical skills, with an ability to drive data analytics and make appropriate conclusions on results.
• Team oriented and ability to work effectively with peers.
• Demonstrated bias for action with a high sense of urgency, strong work ethic and drive for results.

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.

Type:

Regular

Time Type:

Full time

Primary Location:

Toronto - Insurance Canada

Additional Locations:

Everest Canada. Privacy Notice | Everest (everestglobal.com
Toronto ON

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