Senior Underwriter

Selby Jennings; New York (NY); On-site; USD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Senior Cyber Underwriter to join their innovative team. This role offers the opportunity to evaluate and underwrite complex cyber insurance risks while developing strong relationships with brokers and clients. You will play a crucial role in contributing to the growth of the cyber insurance portfolio, utilizing your expertise to analyze risk exposures and pricing. The company is dedicated to excellence and continuous improvement, providing a dynamic environment for professionals passionate about the insurance industry. If you're ready to take your career to the next level in a supportive and forward-thinking setting, this is the perfect opportunity for you.

Qualifications

• 5-7 years of experience in cyber underwriting or a related field.
• Professional designations such as CPCU, ARM, or similar are preferred.

Responsibilities

• Evaluate and underwrite complex cyber insurance risks.
• Develop and maintain strong relationships with brokers and clients.
• Stay current with industry trends and emerging cyber threats.

Skills

Cyber Underwriting

Risk Analysis

Broker Relationship Management

Analytical Skills

Communication Skills

Education

Bachelor's degree in Business

Bachelor's degree in Finance

Bachelor's degree in Insurance

Job description

About Us : Our client is a leading Managing General Agent (MGA) specializing in innovative insurance solutions. They are committed to providing exceptional service and tailored coverage to meet the unique needs of their clients. The team is composed of industry experts dedicated to excellence and continuous improvement.

Position Overview : Our client is seeking a highly skilled and experienced Senior Cyber Underwriter to join their dynamic team. The ideal candidate will have a deep understanding of cyber risks and insurance, with a proven track record in underwriting complex cyber policies. This role involves evaluating and underwriting cyber insurance risks, developing and maintaining strong broker relationships, and contributing to the growth and profitability of the cyber insurance portfolio.

Key Responsibilities :

• Evaluate and underwrite complex cyber insurance risks, ensuring adherence to underwriting guidelines and standards.
• Develop and maintain strong relationships with brokers, clients, and other stakeholders.
• Analyze and assess risk exposures, pricing, and coverage terms for cyber insurance policies.
• Collaborate with the claims and risk management teams to monitor and manage the performance of the cyber insurance portfolio.
• Stay current with industry trends, emerging cyber threats, and regulatory changes to inform underwriting decisions.
• Provide mentorship and guidance to junior underwriters and support staff.
• Contribute to the development and implementation of underwriting strategies and initiatives.
• Prepare and present underwriting reports and recommendations to senior management.

Qualifications :

• Bachelor's degree in Business, Finance, Insurance, or a related field.
• Minimum of 5-7 years of experience in cyber underwriting or a related field.
• In-depth knowledge of cyber risks, insurance products, and market trends.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Professional designations such as CPCU, ARM, or similar are preferred.