Cyber Underwriter

Are you an experienced Underwriter with Cyber knowledge? If so, we would love to hear from you.
We are seeking an experienced Underwriter to be a key part of our Cyber Underwriting Team. You will have responsibility for growth of the Portfolio with key Brokers and Clients, whilst maintaining and developing a portfolio of existing accounts. This position will suit someone with experience of Cyber in the regional insurance market and will have a core focus on growing our external profile in the market.

Key Responsibilities:

• Working closely with the UK Cyber Manager to drive development opportunities, including devising strategies to achieve depth and breadth penetration of the market in Cyber Insurance.
• Financial Goals. To underwrite new business or renewals according to defined underwriting guidelines, specified budget and local business plan.
• Portfolio Integrity. To assist in formulating underwriting strategy, forecasts and portfolio management in order to achieve underwriting profitability. To ensure quality control within defined area of responsibility by undertaking quantitative underwriting reviews, running regular management meetings and peer reviews.
• Product Development. To prioritise and develop products within area of specialist expertise in order to improve client retention and new business. This may involve collaborating with peers within and across business lines in Europe as well as globally.
• Producer Management. To represent and promote the business corporately to brokers, internal and external clients. This may involve servicing key producers and clients, monitoring business acquisition and retention as well as maximising cross-selling opportunities.
  It also requires strong focus so that the individual establishes and executes business plans to maximise business opportunities with brokers.
• Procedures. To meet company standards in respect of policy documentation, timeframe for quoting new and renewal business and compliance issues.
• Operational Management. To manage junior colleagues by using peer review process as well as providing mentoring, training and coaching where appropriate. In so doing, ensuring a high quality underwriting team. To allocate resources to meet business objectives.
• Building and maintaining a strong external reputation. Behaving in a manner consistent with the businesses core values and culture both internally and externally.

Key Requirements:

• Experience of Cyber or Professional Indemnity lines of business as well as experience dealing directly with clients on complex matters.
• Basic knowledge of insurance and is proactive in identifying opportunities and taking initiatives to support our business goals.
• Excellent communicator with strong influencing and negotiation skills both written and verbally. They must have the ability to build solid business relationships with brokers and customers and demonstrate general analytical and financial analysis skills. They must also have the ability to balance their workload whilst maximising key opportunities accordingly.
• Proficiency in both sales and marketing as well being a pro-active self-starter who is confident to make decisions, both independently and in collaboration with colleagues and / or managers and to refer to colleagues when required.