Underwriter- Cyber & Technology

XL CATLIN; Toronto; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a proactive Underwriter for Cyber and Technology insurance. This role offers the chance to work in a rapidly growing segment, focusing on servicing a renewal book and producing new business. You'll leverage your expertise in data security and underwriting practices to navigate complex risks and build strong relationships with brokers and clients. Join a dynamic team that values innovation and collaboration, and contribute to shaping the future of cyber insurance. This is an exciting opportunity to advance your career in a supportive environment where your skills will make a significant impact.

Qualifications

• Bachelor's degree or equivalent required.
• Moderate years of Cyber and Technology underwriting experience.

Responsibilities

• Expand the Canadian Cyber portfolio through new and renewal underwriting.
• Collaborate with teams to manage and service the cyber renewal book.

Skills

Cyber Underwriting Experience

Data Security Knowledge

Problem-Solving Skills

Communication Skills

Organizational Skills

Education

Bachelor's Degree

Job description

Job Description - Underwriter- Cyber & Technology (23CYAM05D20250303)

Job Number:

Underwriter- Cyber & Technology (23CYAM05D20250303)

DISCOVER your opportunity

Underwriter- Cyber and Technology

Toronto, ON | Canada

AXA XL provides cyber insurance and technology professional liability on an open brokerage basis to start-up firms all the way up to the Fortune 500. This class has been identified by AXA XL as an exciting growth area with excellent prospects for the successful underwriter to grow their profile and advance their career.

As digital threats grow more sophisticated, malicious, and hard to detect, our focus on innovation in providing tailored solutions to complex risks has earned AXA XL the reputation as a market leader. An increased dependence on technology brings increased vulnerabilities. Data breaches threaten the security of financial, customer, employee and other proprietary data, and, at any time, a cyber-attack can disrupt a company’s operations.

We have an exciting opportunity for an Underwriter to join our Cyber underwriting team in a rapidly growing and dynamic segment. The individual will be responsible for servicing a renewal book and producing new business through exceptional underwriting practices throughout Canada.

What will your essential responsibilities include?

1. Execute a business plan to expand the existing Canadian Cyber portfolio, aligning within the overall Cyber business strategy, by underwriting both new and renewal Canadian cyber business.
2. Assist in achieving profitable premium and rate goals, working with actuarial and claims and successfully delivering results consistent with financial plan.
3. Collaborate across business units and functions to leverage existing resources to underwrite, manage and service a cyber and technology renewal book and produce new business in accordance with the Cyber underwriting unit goals.
4. Exercise discretion and independent judgment in the analysis and evaluation of risk.
5. Participate in roundtable discussions on risk assessment.
6. Negotiate with producers within the limits of delegated authority and in accordance with established underwriting standards to achieve profit objectives.
7. Build and enhance relationships with assigned brokers and clients to identify and establish new distribution relationships.
8. Maintain expertise with the products, services, priorities and target markets to more effectively enable clients to uncover hidden cyber risks.
9. Promote the company's expertise by participating in industry conferences and events.
10. Maintain compliance with all internal and external underwriting guidelines and legal requirements.

You will report to the Underwriting Manager, Professional Liability & Cyber, Canada.

We’re looking for someone who has these abilities and skills:

Required Skills and Abilities:

1. A Bachelor's degree or equivalent.
2. Moderate years of Cyber and Technology underwriting experience or Underwriting experience in another area of expertise with a strong conceptual comprehension of data security, privacy, cyber and information risk.

Desired Skills and Abilities:

1. Exceptional organizational and time management skills with the ability to perform accurate mathematical calculations.
2. Excellent collaborative skills in a fast-paced team-centric environment.
3. Strong interpersonal, presentation, written and verbal communication skills.
4. The ability to demonstrate critical thinking, decision making, and problem-solving skills.

FIND your future

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.

How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.

At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.

Location

CA-CA-Toronto

Work Locations

CA ON Toronto 100 King Street West Suite 3020 PO Box 310 Toronto M5X 1C9

Job Field

Schedule

Full-time

Job Type

Standard

AXA XL is an Equal Opportunity Employer and does not discriminate against any colleague or applicant for employment on the basis of race, color, national origin, religion, sex, gender identity and/or expression, sexual orientation, age, disability, genetic information, veteran status, military status or any other category protected by local law.