Senior Associate Underwriter - Cyber

Travelers; London; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading insurance company is seeking a Senior Associate Underwriter for their Cyber underwriting team. The role involves underwriting new and renewal business, providing superior service, and collaborating with various teams. Ideal candidates will have strong analytical skills, customer focus, and relevant underwriting experience. The position offers a hybrid work environment and a range of benefits.

Benefits

Private Medical Insurance

Retirement contributions

Holiday Entitlement

Wellness Programme

Volunteer Encouragement

Qualifications

• Previous experience underwriting management liability, professional indemnity, or financial institutions.
• Knowledge of the local insurance market.

Responsibilities

• Underwrite and assess risks to maximize business growth and profitability.
• Provide leadership and coaching to Associate Underwriters.
• Identify and pursue new business opportunities.

Skills

Analytical thinking

Customer focus

Relationship management

Education

University degree

Chartered Insurance Institute (CII) certification

Job description

Who Are We?

Taking care of our customers, our communities, and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Job Category

Underwriting

Target Openings

1

What Is the Opportunity?

We are looking for a Senior Associate Underwriter to join our Cyber underwriting team.

In this role, you will use your previous experience to produce and underwrite new and renewal business; making sound underwriting decisions throughout the policy lifecycle. You will provide superior service, ensure business retention, and respond effectively to new business submissions; collaborating with the team, Regional Underwriting Offices, Market Segment Colleagues, and other business partners.

Travelers Europe offers flexibility for hybrid work arrangements, typically involving three days in the office and two days remote, subject to policy changes.

What Will You Do?

1. Underwrite and assess risks to maximize business growth and profitability, making decisions within your authority and providing comprehensive recommendations to leadership.
2. Support Development Underwriters on new business, renewals, and mid-term changes, aligning with growth and profit objectives.
3. Provide leadership and coaching to Associate Underwriters to foster their development.
4. Identify and pursue new business opportunities, cross-selling relevant products.
5. Maintain accurate underwriting documentation and adhere to standards.
6. Align with Travelers’ underwriting strategies to meet financial targets.
7. Build and maintain collaborative relationships across the organization.
8. Seek training opportunities to enhance underwriting and sales skills.
9. Develop relationships with brokers through visibility and disciplined management, supporting business goals.
10. Assist in developing and executing sales plans to increase market activity.
11. Participate in sales and underwriting meetings regularly.
12. Work effectively as part of a team, supporting company objectives.
13. Deliver exceptional customer service standards.
14. Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• University degree preferred.
• Knowledge of the local insurance market.
• Ability and desire to understand critical business issues and financial drivers.
• Understanding of organizational and regulatory policies.
• Basic knowledge of Lloyds Market factors is a plus.
• Technical proficiency appropriate to underwriting authority.
• Customer focus and positive broker interaction skills.
• Analytical thinking and financial acumen.
• Ability to identify problems or opportunities, analyze data, and support decision-making.
• Understanding of finance principles related to underwriting profitability.
• Relationship management skills.
• Chartered Insurance Institute (CII) certification is preferred.

What is a Must Have?

• Previous experience underwriting management liability, professional indemnity, or financial institutions.

What Is in It for You?

• Private Medical Insurance: Eligibility for single coverage upon employment, with options for dependents at your expense.
• Retirement: Company contributions to your Pension Plan, with options for increased contributions.
• Holiday Entitlement: Starting with at least 25 days, with options to purchase additional days.
• Wellness Programme: Resources and discounts to support your health and wellbeing, including mental health services.
• Volunteer Encouragement: Support for community involvement through matching gifts and volunteer rewards.

Employment Practices

Travelers is an equal opportunity employer. We value diversity and the unique talents each individual brings.

If you have questions about the physical requirements of this role, please contact us via email.

Travelers may fill this position at a level above or below the posted level.

Learn more about our benefits at http://careers.travelers.com/life-at-travelers/benefits/.