Head of Cyber Insurance - UK & Ireland

Everest Re Group,; London; Hybrid; GBP 80,000 - 120,000; Full time

Job summary

A leading global reinsurance company seeks a Head of Cyber Insurance for its London office. This strategic role involves leading the Cyber team, managing broker relationships, and driving growth in the UK & Ireland cybersecurity market. The position offers a hybrid working environment and is part of a mission-driven culture focused on inclusion and excellence.

Benefits

Flexible work arrangements

Generous tuition reimbursement programs

Mentoring opportunities

Qualifications

• Experience in underwriting cyber products in UK and European markets is essential.
• Preferred management experience in a similar role.

Responsibilities

• Lead the Cyber team in London and develop the UK and Ireland Cyber account.
• Support the marketing and relationship management of Cyber business.

Skills

Strategic skills

Judgment / decision making skills

Risk taking

Compliance

Excellent market knowledge

Relationship building

Leadership skills

Education

In-depth knowledge of Underwriting Cyber products

Job description

Title:

Head of Cyber Insurance - UK & Ireland

Company:

Everest Advisors (Uk), Ltd.

Job Category:

Underwriting

Job Description:

About Everest:

Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

This position is based in our London office with a hybrid schedule that has the option of working two days remotely each week.

Opportunity:

This is a fantastic opportunity to lead our dynamic, expanding Cyber team in London reporting into the International Head of Cyber. In this role you will support the development, marketing relationship management (both client and broker) of our growing book of Cyber business. You will help to build and expand the UK and Ireland Cyber account in line with our Everest International plans and underwriting strategy, whilst maintaining a focus on bottom line underwriting profit and delivery.

Key Accountabilities:

• Working within the authority granted, writing a profitable book of Cyber business per the Everest International Underwriting guidelines

• Expand and maintain existing broker relationships and other sources of distribution, and developing new relationships, where this is consistent with the objectives set in the Business Plan

• Working with the International Head of Cyber in expanding the current product range to allow Everest to compete with the market leaders in the sector

• Quoting and Leading the placements of Cyber clients, and effectively managing any specific MGA clients

• To refer as appropriate risks exceeding prescribed underwriting authority

• Develop business through execution of new ideas in addition to utilising all the available Everest resources to grow, develop and maintain a profitable book of Cyber business

• Underwriting business from the Irish market, on a centre of excellence basis, that is provided via the Financial Lines Underwriters based in Europe

• To liaise with the Claims Manager on claims related issues and participate in account and management reviews

• To participate in the underwriting peer review process at the weekly and monthly underwriting meetings, as required

• To assist with the completion and review of strategic and underwriting guidelines & pricing models

• To contribute to the regular analysis and review of underwriting practices and procedures

• To assist in the improvement of the management information systems, rating models, underwriting manuals, service standards, marketing materials, website and risk management and claims functions

• Effectively communicate with management on all issues both within and outside the Unit as needed

• Marketing Everest International in the UK through contributing to articles and representing Everest at conferences as speaker or panel member

• Collaborate with Everest colleagues in the International office locations, as well as in North America

• To monitor and keep abreast of changes in underwriting, regulation and compliance

• Work with the International Head of Cyber to build, develop and mentor a team which can deliver strategic goals outlined either above or by executive management

Professional Experience

• In-depth knowledge and experience of Underwriting Cyber products in the UK and European insurance marketplaces

• Knowledge of relevant laws and regulations

• Management experience preferred

Skills & Abilities

• Strategic skills – determines opportunities and threats through comprehensive analysis of current and future trends. Comprehends the big picture

• Judgment / decision making skills – ability to use logic rationality and objectivity in decision making

• Risk taking – ability to take calculated risks with favourable outcomes. Excellent negotiation skills

• Compliance – ability to ensure compliance with all internal and external management and regulatory controls

• Excellent market and product knowledge – maintain and develop market knowledge including competitor profiles and products

• Relationship building – ability to establish and maintain excellent relationships both internally and externally.

• Leadership skills – ability to provide clear vision and strategy. Align, empower, and influence others through ideas, encouragement, and insight.

What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.

• Our Valuesare the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
• Our Colleague Behaviorsdefine how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Type:

Regular

Time Type:

Full time

Primary Location:

London

Additional Locations:

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