Senior Underwriter

Cowbell; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading cyber insurance company is looking for an Underwriter to manage risk selection and broker relationships. The ideal candidate will have over 5 years of Cyber Insurance underwriting experience and a proven track record in business development and negotiation. This role involves collaborating with different teams to enhance technology and stay ahead of cyber threats. The company promotes a dynamic work environment where transparency and teamwork are valued, providing competitive compensation and professional development opportunities.

Benefits

Competitive compensation

Comprehensive benefits

Professional development opportunities

Qualifications

• At least 5+ years of underwriting experience in Cyber Insurance.
• Technical expertise in Cyber and Commercial Insurance.
• Proven ability to develop renewable Cyber business profitably.

Responsibilities

• Maintain profitability with appropriate risk selection and analysis.
• Manage relationships with insurance brokers to negotiate terms.
• Collaborate with Business Development to strengthen broker partnerships.
• Participate in addressing emerging threats and loss trends.

Skills

Cyber Insurance experience

Underwriting experience

Negotiation skills

Service orientation

Teamwork

Education

Bachelor's degree or equivalent work experience

Job description

Cowbell is signaling a new era in cyber insurance by harnessing technology and data to provide small and medium-sized enterprises (SMEs) with advanced warning of cyber risk exposures bundled with cyber insurance coverage adaptable to the threats of today and tomorrow. Championing adaptive insurance, Cowbell follows policyholders’ cyber risk exposures as they evolve through continuous risk assessment and continuous underwriting. In its unique AI-based approach to risk selection and pricing, Cowbell’s underwriting platform, powered by Cowbell Factors, compresses the insurance process from submission to issue to less than 5 minutes.

Founded in 2019 and based in the San Francisco Bay Area, Cowbell has rapidly grown, now operating across the U.S., Canada, U.K., and India. This growth was recently bolstered by a successful Series C fundraising round of $60 million from Zurich Insurance. This investment not only underscores the confidence in Cowbell’s mission but also accelerates our capacity to revolutionize cyber insurance on a global scale. With the backing of over 25 prominent reinsurance partners, Cowbell is poised to redefine how SMEs navigate the evolving landscape of cyber threats.

What you will do:

• Maintain profitability with appropriate risk selection, analysis and service of accounts based on Cowbell Cyber UK insurance guidelines
• Manage relationships with insurance brokers to negotiate pricing, coverages and other terms
• Servicing of renewal business throughout the year while maintaining our customer service standards
• Collaboration with the Business Development team to support their goals and strengthen partnerships with brokers
• Maintain an expansive knowledge of the cyber insurance marketplace and current trends in the industry
• Easily identify areas where our unique capabilities provide us with a competitive advantage and build out processes that support these
• Actively participate in determining our approach to emerging threats, loss trends, marketplace changes and other trends in cyber risks
• Partner with the Engineering and Data Science teams to continually improve our technology and deliverable to the policyholder
• Serve as a subject matter expert for team on coverage questions
• UK travel to promote Cowbell as and when required
• Collaborate with a passionate team, have fun, grow, learn, and teach the company along the way

What Cowbell needs from you:

• Must have Cyber Insurance experience with at least 5+ years of underwriting experience.
• Bachelor's degree or equivalent work experience.
• Technical expertise and product knowledge in Cyber and Commercial Insurance
• Demonstrate ability to develop new renewable Cyber business profitably over a significant period of time
• Proven ability to successfully negotiate on all levels and develop producer relationships both face to face and remotely.
• Strong track record of service orientation and teamwork

Equal Employment Opportunity:

We are committed to equal opportunity in the terms and conditions of employment for all employees and job applicants without regard to race, color, religion, sex, sexual orientation, age, gender identity or gender expression, national origin, disability, or veteran status.

Cowbell is a leading innovator in cyber insurance, dedicated to empowering businesses to always deliver their intended outcomes as the cyber threat landscape evolves. Guided by our core values of TRUE—Transparency, Resiliency, Urgency, and Empowerment—we are on a mission to be the gold standard for businesses to understand, manage, and transfer cyber risk.

At Cowbell, we foster a collaborative and dynamic work environment where every employee is empowered to contribute and grow. We pride ourselves on our commitment to transparency and resilience, ensuring that we not only meet but exceed industry standards.

We are proud to be an equal opportunity employer, promoting a diverse and inclusive workplace where all voices are heard and valued. Our employees enjoy competitive compensation, comprehensive benefits, and continuous opportunities for professional development.

Cowbell is an E-Verify employer. E-Verify is a web-based system that allows an employer to determine an employee's eligibility to work in the US using information reported on an employee's Form I-9. The E-Verify system confirms eligibility with both the Social Security Administration (SSA) and Department of Homeland Security (DHS). For more information, please go to the USCIS E-Verify website.

For more information, please visit https://cowbell.insure/.

Cowbell Cyber does not permit the use of AI tools during any stage of our interview process. By submitting your application, you agree to complete all assessments and interviews without the use of generative AI assistance.