Senior Cyber Facultative Underwriter — Global Reinsurance

Hannover Digital Investments; Chicago (IL); On-site; USD 150,000 - 175,000; Full time

Benefits offered by this job

401(k) with company match

Paid Time Off

Sick Leave

Medical

HRA

Telemedicine

Wellness Program

EAP

Dental

Vision

Disability insurance

FSA

Dependent Care FSA

Life Insurance

Travel benefits

Job summary

HDI Global Insurance Company is seeking a seasoned Cyber Facultative Senior Underwriter to join our team in Chicago or New York. The role focuses on underwriting complex facultative cyber reinsurance opportunities, managing broker relationships, and contributing to portfolio profitability.

The candidate should bring 5+ years of cyber underwriting experience, strong analytical and negotiation skills, and the ability to work across global teams in a multinational setting.

Qualifications

• Bachelor's degree required; CPCU, ARe, CISSP, CISM, or other relevant professional designations are a plus.
• 5+ years of commercial insurance, reinsurance, or specialty underwriting experience, with significant experience in cyber insurance and/or cyber reinsurance.
• Strong knowledge of cyber risk exposures, including ransomware, privacy liability, network security, business interruption, technology errors and omissions, and emerging cyber threats.
• Demonstrated experience underwriting facultative reinsurance business, including pricing, coverage analysis, and contract negotiations.
• Strong analytical skills with the ability to assess complex cyber risks and make sound underwriting decisions.
• Excellent communication, presentation, and negotiation skills with a strong broker and client-focused approach.
• Proven ability to develop and manage senior-level broker, cedent, and client relationships.
• Familiarity with global cyber insurance and reinsurance programs, multinational placements, and facultative market practices.

Responsibilities

• Underwrite facultative cyber reinsurance submissions, including large and complex domestic and multinational risks.
• Evaluate individual cyber reinsurance opportunities by analyzing cedent information, underlying insurance programs, cyber security controls, loss history, and accumulation exposures.
• Structure and negotiate facultative reinsurance terms, conditions, pricing, and capacity deployment in accordance with underwriting guidelines and profitability objectives.
• Build and maintain strong relationships with brokers, cedents, and strategic business partners to support portfolio growth and market presence.
• Collaborate with global underwriting, actuarial, claims, risk engineering, and accumulation management teams on complex cyber exposures.
• Monitor emerging cyber threats, industry trends, legal and regulatory developments, and market conditions to inform underwriting strategy and portfolio management.
• Maintain underwriting discipline while achieving production, retention, and profitability goals.
• Participate in client and broker meetings, industry events, and market presentations to strengthen HDI's facultative cyber reinsurance presence.

Skills

Analytical skills

Negotiation skills

Broker & client relationships

Communication skills

Underwriting experience

Education

Bachelor's degree

CPCU/ARe/CISSP/CISM designations

Job description

HDI Global Insurance Company is seeking a seasoned Cyber Facultative Senior Underwriter to join our team in Chicago or New York. The role focuses on underwriting complex facultative cyber reinsurance opportunities, managing broker relationships, and contributing to portfolio profitability.

The candidate should bring 5+ years of cyber underwriting experience, strong analytical and negotiation skills, and the ability to work across global teams in a multinational setting.