Senior Cyber Treaty Underwriter & Growth Leader

HSB Canada; Toronto; Hybrid; CAD 141,000 - 164,000; Full time

Benefits offered by this job

Annual bonus

Hybrid work environment

Health and dental benefits

Pension plan

Learning & development reimbursement

Employee Referral Program

Job summary

HSB Canada, part of Munich Re, is seeking a Lead Cyber Treaty Underwriter in Toronto to drive growth in Cyber treaty reinsurance and manage a profitable portfolio. You will identify market opportunities, build strong broker and cedant relationships, and structure innovative cyber solutions.

You will mentor junior underwriters and collaborate with actuarial, claims, and risk teams to balance profitability with growth, while traveling as needed to client meetings and industry events.

Qualifications

• Bachelor’s degree in Insurance, Business, Economics, or related field; advanced designations (CIP, FCIP, CRM) preferred.
• 7–10+ years of experience in reinsurance, cyber underwriting, or treaty business development.
• Proven track record in building and growing reinsurance treaty partnerships and portfolios.

Responsibilities

• Lead Cyber Treaty Underwriter will drive growth and expand HSB Canada’s Cyber treaty reinsurance business.
• Identify and pursue new Cyber treaty opportunities with insurers, MGAs, and brokers.
• Develop and execute strategies to grow HSB’s Cyber treaty portfolio in Canada.
• Build and maintain strong relationships with cedants, brokers, and industry stakeholders.
• Negotiate and structure treaty agreements to drive profitable growth while managing risk exposure.
• Underwrite and manage a profitable book of Cyber treaty and group business.
• Monitor portfolio performance, loss trends, and ensure compliance with underwriting guidelines.
• Collaborate with actuarial, claims, and risk management teams to optimize treaty terms.
• Provide input into portfolio-level decisions to ensure sustainable profitability and growth.
• Work with internal teams to develop innovative Cyber treaty products and solutions.
• Align treaty strategy with HSB’s broader Cyber portfolio objectives.
• Stay ahead of emerging Cyber risks, regulatory changes, and market trends.
• Mentor and coach junior underwriters, fostering a culture of learning and development.

Skills

Relationship management

Negotiation

Communication

Analytical

Entrepreneurial

Leadership

Education

Bachelor’s degree in Insurance, Business, Economics, or related field

CIP/FCIP/CRM or equivalent designations (preferred)

Job description

HSB Canada, part of Munich Re, is seeking a Lead Cyber Treaty Underwriter in Toronto to drive growth in Cyber treaty reinsurance and manage a profitable portfolio. You will identify market opportunities, build strong broker and cedant relationships, and structure innovative cyber solutions.

You will mentor junior underwriters and collaborate with actuarial, claims, and risk teams to balance profitability with growth, while traveling as needed to client meetings and industry events.