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Facultative Underwriter Jobs (NOW HIRING)

Everest

Property Facultative Underwriter

Chicago, IL · Hybrid

$100K - $145K/yr

Title: Property Facultative Underwriter Company: Everest Reinsurance Company Job Category: Underwriting About Everest: Everest is a global leader in risk management, rooted in a rich, 50+ year ...

Everest

Property Facultative Underwriter

New York, NY · Hybrid

$100K - $145K/yr

Title: Property Facultative Underwriter Company: Everest Reinsurance Company Job Category: Underwriting About Everest: Everest is a global leader in risk management, rooted in a rich, 50+ year ...

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$32.5K

$78.9K

$139.5K

How much do facultative underwriter jobs pay per year?

As of Aug 17, 2026, the average yearly pay for facultative underwriter in the United States is $78,878.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,000.00 and $87,000.00 per year, depending on experience, location, and employer.

What is a facultative underwriter?

A Facultative Underwriter is a professional in the insurance and reinsurance industry who evaluates and decides whether to accept or decline individual risks that are submitted on a case-by-case basis, rather than through automatic or treaty arrangements. Their primary role involves assessing complex or unusual insurance applications that require special consideration and negotiation. Facultative Underwriters analyze detailed information about the risk, determine appropriate pricing, and set terms and conditions for coverage. They often work closely with brokers, insurers, and reinsurers to ensure that each risk is properly evaluated and managed.

How does a facultative underwriter typically collaborate with brokers and insurers during the underwriting process?

A Facultative Underwriter works closely with brokers and primary insurers to assess and negotiate coverage for individual, often complex, risks that do not fit standard treaty reinsurance. Collaboration involves reviewing detailed submissions, clarifying underwriting information, and discussing terms and pricing directly with stakeholders. Clear communication and timely responses are essential, as Facultative Underwriters must balance the interests of their own company with those of clients while ensuring compliance with regulatory and risk management standards.

What are the key skills and qualifications needed to thrive as a facultative underwriter, and why are they important?

To thrive as a Facultative Underwriter, you need strong analytical skills, a solid understanding of risk assessment, and typically a background in insurance, finance, or a related field. Familiarity with underwriting software, industry-specific databases, and sometimes relevant certifications like ACII or CPCU are commonly required. Excellent negotiation, decision-making, and communication skills help build client relationships and effectively evaluate complex risks. These skills ensure accurate risk selection, profitability, and strong client partnerships in the facultative reinsurance market.
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What job categories do people searching Facultative Underwriter jobs look for?

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Facultative Underwriter jobs near you
Infographic showing various Facultative Underwriter job openings in the United States as of August 2026, with employment types broken down into 96% Full Time, 2% Part Time, and 2% Contract. Highlights an 68% Physical, 12% Hybrid, and 20% Remote job distribution, with an average salary of $78,878 per year, or $37.9 per hour.

Property Facultative Underwriter

Everest Insurance

New York, NY • On-site

$100K - $145K/yr

Full-time

Medical, Life, Retirement, PTO

Re-posted 18 days ago

Job description

Title:
Property Facultative Underwriter
Company:
Everest Reinsurance Company
Job Category:
Underwriting
Job Description:
About Everest:
Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.
Everest has established itself as one of the foremost facultative markets in the United States. To support this, we are currently looking for a Property Facultative Underwriter. Responsibilities will include building and maintaining direct and intermediary business relationships where opportunities are cultivated, underwritten, and bound at your general discretion.
Job Requirements:
  • New business production and renewal underwriting as well as adherence to underwriting rules and guidelines and developing strong customer relationships through providing top-notch service.
  • Work with all functional areas of the company including claims, accounting, and product management to support company objectives.
  • Ability to travel. This individual would be expected to spend time on the road after the initial training process.
  • Marketing that includes travel monthly or as needed, to assigned markets and territory.
  • Build relationship with ceding companies and reinsurance intermediaries
  • Maintain awareness of competitor capabilities and strategies, as well as the overall insurance marketplace.
  • Experience working with catastrophe models a plus.
  • Property Facultative experience preferred.
  • Experience with specialty business is also preferred (power generation, mid-stream production, refining/petrochemical, specialty chemicals, renewables, and mining).

Qualifications:
  • Bachelor's degree required.
  • Minimum 5 years of experience working as a Property Underwriter with various occupancies including large accounts.
  • Excellent marketing skills and established relationships with insurance companies.
  • Strong interpersonal and writing skills with the ability to flourish in a team environment.
  • The ability to interpret engineering reports.
  • Prior Reinsurance experience a plus.
  • The ability to interpret catastrophe modeling and actuarial methodologies and output.
  • Proficiency in Excel and PowerPoint required.

The base salary range for this position is $100,000 - $145,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. All offers include access to a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).
#LI-Hybrid
#LI-AS1
What if I don't meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn't align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.
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. Inclusion and Belonging.
  • 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:
New York, NY
Additional Locations:
Chicago, IL - South Riverside
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)

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