Development Underwriter (Cyber)

Aston Charles; City Of London; Remote; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance firm is seeking a Development Underwriter (Cyber) to manage broker relationships and drive business growth. This home-based role offers a competitive salary, 25% quarterly bonus, and excellent benefits package. The ideal candidate will have a strong track record in building relationships within the UK SME Cyber market, engaging brokers with a compelling new product. Flexibility in location within the UK is provided, with occasional visits to brokers.

Benefits

25% quarterly bonus

Comprehensive benefits package

Qualifications

• Proven track record in developing broker relationships.
• Ability to engage and advocate for a new insurance product.
• Experience writing complex Cyber business.

Responsibilities

• Support the development plan for assigned brokers.
• Maintain strong broker relationships for excellent service.
• Write complex Cyber business in line with authority level.

Skills

Building broker relationships

Pipeline business development

Client engagement

Job description

Development Underwriter (Cyber) - London

Job Type: Permanent

Sector: General Insurance

Specialism: Underwriting

Location: London & South Town/City: London

This is arguably the most exciting insurance company in the market right now. Currently enjoying 20% year on year growth, and with plans to double in size over the next 5 years, this organisation is investing heavily in the growth of its broker distribution arm.

The UK SME Cyber market presents a compelling proposition for any dynamic insurer that is able to react quickly to changes in this fast-paced niche. The SME Cyber market currently delivers circa £300M in gross written premiums across the UK, and is anticipated to grow 15% annually over each of the next five years.

Responsibilities

Aston Charles is delighted to have been retained to assist in the appointment of a number of Development Underwriters. These are home-based roles, and you can reside anywhere in the UK - although you will have to regularly engage with an allocated panel of brokers in person, and occasionally visit a local office.

Here, you will support the development plan for a specific panel of brokers, working in close conjunction with the Head of Trading, Head of Cyber and Broker Development Director to achieve the strategic aims and income goals outlined in the Cyber financial plan.

You will be responsible for developing and maintaining strong broker relationships, and provide excellent service to all stakeholders. You will also be personally responsible for writing (often complex) Cyber business, in-line with your authority level, and within the businesses appetite for risk.

Requirements

You must have a strong track record of building broker relationships and developing a pipeline of business. You'll also demonstrate an enthusiasm for engaging with brokers, together with an ability to get them to understand the benefits of this exciting new product.

As one would expect from joining this Division, pre-launch, in such a high-profile position, it really does mean that the sky is the limit in terms of progression. You will benefit from a highly competitive basic salary, plus 25% bonus (paid quarterly) and a comprehensive range of benefits.