Contract Wording Associate(Reinsurance)
Everest Global Services, Inc.

Warren, New Jersey

Posted in Insurance


This job has expired.

Job Info


Title:
Contract Wording Associate(Reinsurance)

Company:
Everest Global Services, Inc.

Job Category:
Law

Job Description:

Everest Group, Ltd. ('Everest' or 'the Group') 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

We are currently looking for a Contract Wording Associate to join the Reinsurance Contract Wording department in our headquarters in Warren, NJ.

The successful candidate will provide legal and contract wording support to the Group's Reinsurance Division within a dynamic, fast-paced, business environment. The position is ideal for anyone who wishes to begin a non-traditional legal career within an intellectually challenging field.

Possessing excellent communication and analytical skills, the successful candidate must be able to demonstrate flexibility becoming both a technical subject matter specialist and general business advisor.

Benefits:

  • Learn to analyze reinsurance contracts / transactions, non-disclosure agreements and other ancillary documents.
  • Benefit from on-the-job training in an open and collaborative corporate environment.
  • Develop long-term business relationships within Everest's dynamic global reinsurance operation.
  • No billable hours.
  • Competitive salary (commensurate with experience).
  • Everest offers an excellent suite of benefits, including medical, dental, vision, 401(k) plan, tuition reimbursement, life, and group legal plans.

Responsibilities include but are not limited to:
  • Review and analyze the terms of new and renewal reinsurance agreements and other ancillary documents, verify agreed-upon terms, ensure that mandatory clauses are incorporated, revise or amend contracts, correspond with internal stakeholders, brokers and others as needed.
  • Draft contracts and ancillary agreements including, but not limited to, trusts, confidentiality agreements and indemnification and hold harmless agreements.
  • Advise on related areas of legal, regulatory, and business issues with respect to Everest's domestic and international reinsurance business including advice with respect to (re)insurance laws and regulations that may impact the review of reinsurance contracts.
  • Work with various other Everest departments in support of the Reinsurance Division (i.e., Underwriting, Claims, Law) as needed.
  • Provide support with other legal and/or contractual matters or special projects as needed.
  • Minimal travel required.

Qualifications
  • A J.D. (Juris Doctor) degree strongly preferred, but not required for any candidate with prior experience reviewing/ drafting (re)insurance contracts/ policies. Experience within a law firm and/or corporate legal department is a plus, but not required.
  • Interest and desire to grow within a corporate transactional law environment.
  • Highly organized, analytical, and business-solution-oriented attitude toward legal / contract issues.
  • Strong written and oral communication skills with the ability to communicate at all levels of the organization.
  • Must be able to approach complex contractual issues with business sense and the spirit of entrepreneurialism.
  • Self-motivated with an ability to work well under pressure and manage multiple projects/priorities in a fast-paced environment.
  • Quantitative skills, and a basic understanding of insurance, reinsurance, or finance is a plus.
  • Fluency in German, Spanish or French 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-AS1

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)


This job has expired.

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