Vice President, Credit Officer

1 month ago

Warren, United States Everest Insurance® Full time

Title:
Vice President, Credit Officer / Warren, NJ (HQ)

Company:
Everest Insurance Company

Job Category:
Underwriting

Job Description:

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 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.

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.

Job Description

The North America CUO Office of Everest Insurance, a member of Everest Group, Ltd., has an opportunity available for a Vice President, Credit Officer at our headquarters in Warren, New Jersey.

As a key part of the CUO Office, this individual will support the Surety, Trade Credit and Political Risk credit functions, including management of the workflow to/from original offices. Responsibilities include but are not limited to the following:

  • Serve as leader within Corporate Underwriting/Credit to support underwriting profitability with focus on credit-worthiness of current and prospective clients
  • Creation, maintenance, and enforcement of Credit Policies and Procedures, delegation of credit authority to the underwriting teams, and approval of any credit exposures above delegated authorities
  • Establishment and confirmation of Obligor Risk Ratings ("ORR's") leveraged to assess credit risk on a consistent basis
  • Consistent monitoring and review of credit exposure accumulations
  • Collaboration with business unit management and Claims management to address potential emerging risks
The Vice President, Credit Officer will also manage and develop Credit Analysts responsible for performing detailed credit analyses on existing clients and new prospects, assigning internal obligor risk ratings and making recommendations for credit limits, along with credit terms and conditions, where appropriate. The Vice President, Credit Officer and team will meet, or conduct conference calls with, underwriters, clients, and brokers as needed to understand and analyze the financial risks revolving around new and existing surety, trade credit, and political risk programs. He/she will also be involved in portfolio management of the ESU (Everest Specialty Underwriters) credit portfolio. Special project due diligence involvement will be required on an as needed basis for opportunities like new MGU's, Automatic Treaty Insurance Programs, and the World Bank/IFC's Managed Co-lending Portfolio Program.

Clients range from privately owned, regional middle market contractors to public entities covering a diverse industry spectrum and sovereign entities around the globe. Additional responsibilities include managing data integrity initiatives and developing system enhancements to better manage the credit portfolio.

Qualifications include:
  • MBA (finance or accounting preferred)
  • A minimum of 10 years of experience in corporate credit analysis, with knowledge of a broad range of industries preferred. Prior training and supervisory experience.
  • Completion of a Money Center Bank Credit Training program is a strong plus.
  • Some construction or contracting credit analysis experience is important
  • Strong accounting and financial statement analyses skills
  • Strong communication, business writing and presentation skills
  • Strong Microsoft Excel skills
  • Good Microsoft PowerPoint skills is a plus
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.

#LI-HYBRID

#LI-RS1

Type:
Regular

Time Type:
Full time

Primary Location:
Warren, NJ

Additional Locations:

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 everestbenefits@everestglobal.com.

Everest U.S. Privacy Notice | Everest (everestglobal.com)

  • Sales Director

    4 days ago

    Warren, Ohio, United States CBIZ Full time

    Job OverviewCBIZ is seeking an exceptional Senior Vice President / Head of Sales to lead their C-Suite team.

  • Member Service Representative I

    4 weeks ago

    Warren, United States Navigant Credit Union Full time

    ABOUT: People helping people. That's what a credit union, and in particular Navigant Credit Union, is all about. Our mission is to improve the financial well-being of the families, businesses, and communities we serve, and have been since our founding in 1915. Now at more than $3 billion in assets, Navigant Credit Union is among the largest credit unions...

  • Full Time Driver

    2 months ago

    Warren, United States Sugarbush Resort Full time

    Seasonal (Seasonal) RESORT OVERVIEW: Sugarbush Resort is a year-round destination, offering some of the best skiing and riding in the east, an award-winning ski school, mountain biking, golf, disc golf, an array of dining venues, and a fully appointed Health and Recreation Center. Do you want to join an all-star team dedicated to delivering an unparalleled...

  • Full Time Driver

    2 months ago

    Warren, United States Sugarbush Resort Full time

    Seasonal (Seasonal)RESORT OVERVIEW:Sugarbush Resort is a year-round destination, offering some of the best skiing and riding in the east, an award-winning ski school, mountain biking, golf, disc golf, an array of dining venues, and a fully appointed Health and Recreation Center. Do you want to join an all-star team dedicated to delivering an unparalleled...

  • Member Service Representative I

    3 weeks ago

    Warren, United States Navigant Credit Union Full time

    ABOUT:People helping people. That's what a credit union, and in particular Navigant Credit Union, is all about. Our mission is to improve the financial well-being of the families, businesses, and communities we serve, and have been since our founding in 1915.Now at more than $3 billion in assets, Navigant Credit Union is among the largest credit unions in...

  • Member Service Representative I

    3 months ago

    Warren, United States Navigant Credit Union Full time

    ABOUT: People helping people. That's what a credit union, and in particular Navigant Credit Union, is all about. Our mission is to improve the financial well-being of the families, businesses, and communities we serve, and have been since our founding in 1915. Now at more than $3 billion in assets, Navigant Credit Union is among the largest credit unions in...

  • Member Service Representative I

    6 months ago

    Warren, United States Navigant Credit Union Full time

    ABOUT: People helping people. That's what a credit union, and in particular Navigant Credit Union, is all about. Our mission is to improve the financial well-being of the families, businesses, and communities we serve, and have been since our founding in 1915. Now at more than $3 billion in assets, Navigant Credit Union is among the largest credit unions in...

  • Senior Vice President

    1 week ago

    Warren, Ohio, United States CBIZ Full time

    Job DescriptionWe are seeking an experienced Consumer Product Lead to join our C-Suite at CBIZ.In this role, you will be responsible for developing and executing sales strategies, managing vendor relationships, and driving revenue growth for consumer product campaigns.The ideal candidate will possess exceptional business development skills, with experience...

  • Office Position

    6 days ago

    Warren, Michigan, United States Farm King Supply Full time

    Job DescriptionFarm King Supply is seeking an experienced office professional to join their team in Macomb, IL. As a key member of the company, you will be responsible for data entry, communication with colleagues and customers, and other administrative duties.This role requires strong math skills due to auditing of accounts and comprehension of debits and...

  • Office Support Professional

    6 days ago

    Warren, Michigan, United States Farm King Supply Full time

    Job Title: Administrative Assistant - Office PositionWe are seeking a skilled Administrative Assistant to join our team at Farm King Supply in Macomb, IL. This office position requires excellent data entry skills, effective communication, and the ability to work collaboratively with others in an office environment.Key Responsibilities:Data entry and...

  • Director of Civil Engineering

    1 month ago

    Warren, United States The Falcon Group Full time

    Job DescriptionJob DescriptionWho We Are For over two decades, The Falcon Group’s mission has been to understand our client’s variety of needs, while keeping to their anticipated budget and exceeding their desired results. The Falcon Group’s services include Architectural Services and Civil, Structural, Construction & MEP Engineering Services, and...

  • Vice President, Agile Transformation Lead

    7 months ago

    Warren, United States Everest Global Services, Inc. Full time

    Description : About Everest: It’s an exciting time for Everest Re 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...

  • Administrative Assistant

    6 days ago

    Warren, Michigan, United States Farm King Supply Full time

    Job Description: Data Entry and Clerical ServicesFarm King Supply is a leading agricultural supply company in Macomb, IL, and we are currently seeking a skilled Data Entry Clerk to join our team.Responsibilities:Data entry and management of office recordsEmail and phone communication with colleagues and customersSupporting colleagues in achieving team...

  • Director of Civil Engineering

    1 month ago

    Warren Township, United States Disability Solutions Full time

    Who We Are For over two decades, The Falcon Groups mission has been to understand our clients variety of needs, while keeping to their anticipated budget and exceeding their desired results. The Falcon Groups services include Architectural Services and Civil, Structural, Construction & MEP Engineering Services, and much more.The TeamHere at The Falcon...

  • Mortgage Loan Officer

    5 months ago

    Warren, United States Disability Solutions Full time

    Value PropositionOur values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and...

  • Restaurant Field Trainer

    7 months ago

    Warren, United States Big Boy Restaurant Group Full time

    Description Summary:  Incumbents are primarily responsible for administering training, development and educational programs to ensure consistent execution of Big Boy Restaurants International LLC operating systems. The incumbents are responsible for development through communication and demonstration for Executive General Managers, their...

  • Family Practice Physician

    5 months ago

    Warren, United States Parkview Physicians Group Full time

    Parkview Health is proudly committed to bringing the highest quality of care to northeast Indiana and northwest Ohio. As the region's largest employer with over 15,000 employees, we are dedicated to improving the health and inspiring the well-being of our community. Our health system is comprised of more than 1000 world-class providers in more than 45...

  • Teller

    2 weeks ago

    Warren, United States Michigan Schools and Government Credit Union Full time

    Founded by a small group of educators, Michigan Schools & Government Credit Union (MSGCU) has been providing quality financial services to the community for 70 years and welcomes everyone in Michigan to bank with us. We are financial champions committed to helping our members achieve financial success by rallying behind them and their goals. As the sixth...

  • Davenport University Support Assistant

    4 weeks ago

    Warren, Michigan, United States Davenport University Full time

    The Davenport University is seeking a dedicated and organized individual to serve as a support assistant in our Warren campus. This role plays a vital part in the daily operations of the department, performing clerical office functions, and assisting with various tasks.As a support assistant, you will be responsible for maintaining files and record-keeping...

  • Data Entry and Clerical Services

    6 days ago

    Warren, Michigan, United States Farm King Supply Full time

    Job Summary: Administrative Assistant - Office PositionFarm King Supply is a well-established agricultural supply company in Macomb, IL, and we are currently seeking an experienced Administrative Assistant to join our team.Main Responsibilities:Providing administrative support to the office teamManaging office records and performing data entry...