Head of Marine, Italy

Title:

Head of Marine, Italy

Company:

Everest Insurance (Ireland) Italy Branch

Job Category:

Contingent Workers

Job Description:

Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Bermuda, Canada, Europe, 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

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.

Although we are currently in the European and Asia market, we see great opportunity to expand our markets. We are planning to grow the company and build a local presence in many more regions. 

Team Overview:

Marine will play an important part of Everest expansion in Italy, as a key portfolio for our growth ambition. Our Head of Marine will be reporting directly to the Branch Manager. He/She is managing underwriters, developing the team as the business grows.

Role Purpose:

• Our Head of Marine will be responsible for the growth agenda as well as the profitability of the line of business. Connected with the local brokers, he/she will provide our corporate clients with Marine solutions.

Key Accountabilities:

• Expand and build broker relationships and other sources of distribution, and developing new relationships, where this is consistent with the objectives set in the Business Plan

• Expanding the current product range to allow Everest to compete with the market leaders in the sector.

• Develop business through execution of new ideas in addition to utilising all the available Everest resources to grow, develop and maintain a profitable book of Marine business.

• Procuring business from Italian market brokers, both existing and those whom EIID does not currently trade.

• To liaise with the Claims Manager on claims related issues and participate in account and management reviews.

• To participate in the underwriting peer review process at the weekly and monthly underwriting meetings, as required

• To assist with the completion and review of strategic and underwriting guidelines & pricing models.

• To contribute to the regular analysis and review of underwriting practices and procedures

• To assist in the improvement of the management information systems, rating models, underwriting manuals, service standards, marketing materials, website and risk management and claims functions

• Ensure that documentation is completed timely and accurately according to EIID standards. 

• Effectively communicate with management on all issues both within and outside the Unit as needed.

• Marketing Everest Italy through contributing to articles and representing Everest at conferences as speaker or panel member.

• Collaborate with Everest colleagues in the International office locations, as well as in the United States

• To monitor and keep abreast of changes in underwriting, regulation and compliance

Professional Experience:

• Good understanding of Marine business in the Italian insurance marketplace

• In-depth knowledge and experience of Underwriting Marine products

• Knowledge of relevant laws and regulations

• Minimum 15 years of experience

• Law/Insurance/Business school certificate

Skills & Abilities

• Strategic skills – determines opportunities and threats through comprehensive analysis of current and future trends. Comprehends the big picture

• Judgment / decision making skills – ability to use logic rationality and objectivity in decision making

• Risk taking – ability to take calculated risks with favorable outcomes. Excellent negotiation skills

• Compliance – ability to ensure compliance with all internal and external management and regulatory controls

• Excellent market and product knowledge – maintain and develop market knowledge including competitor profiles and products

• Relationship building – ability to establish and maintain excellent relationships both internally and externally.

• Leadership skills – ability to provide clear vision and strategy 

• Staff development – ability to develop, manage, mentor and motivate staff. Ensure staff receive adequate training to maintain their level of competency, as required

• Selling skills

• English fluent

Soft skills

• Business focused

• Solutions oriented

• Agile with numbers

• Team player

• Open minded, humble, support the others

• Positive attitude

• Collective thinking

• Think out of the box

• Desire for success

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.

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Type:

Agency Consultant

Time Type:

Full time

Primary Location:

Milan, Italy

Additional Locations: