Underwriter, Cyber

DUAL North America, Inc.; New York (NY); Hybrid; USD 80,000 - 120,000; Full time

Job summary

DUAL North America, Inc. seeks an Underwriter for its Cyber division to shape the underwriting framework and expand broker relationships. You will evaluate cyber risk, manage submissions, and support profitable portfolio growth.

Collaborating with the Cyber team, you will assess security controls, incident history, and threats to tailor insurance solutions. This role emphasizes risk assessment and market awareness within a hybrid work setting.

Qualifications

• Bachelor's degree in risk management, finance, business or related field.
• 0-5 years underwriting experience.
• Strong understanding of underwriting principles and risk assessment.
• Analytical, negotiation and decision-making skills.
• Excellent written, verbal and client-facing communication.
• Proficiency in Microsoft Office Suite.
• Ability to travel up to 20% for client meetings and industry events.
• Hybrid work environment and adherence to underwriting guidelines.

Responsibilities

• Curate a portfolio of business adhering to Underwriting Guidelines and pricing tools.
• Evaluate, classify and price risks; set coverage and protection levels.
• Meet annual new and renewal premium goals and maintain hit ratios and retentions.
• Foster relationships with assigned producers.
• Collect information needed to quote/bind an account.
• Prepare and send declinations, quotes, and reminders.
• Demonstrate advanced underwriting principles and market awareness.
• Keep current on market dynamics and product differences.

Skills

Underwriting principles

Risk assessment

Analytical ability

Negotiation

Client-facing communication

Decision making

Education

Bachelor's degree in risk management, finance, business or related field

Tools

Microsoft Office Suite

Job description

• Location: Chicago, IL, New York, NY, Atlanta, GA, Hybrid

Role overview

DUAL North America is seeking an Underwriter for the Cyber division.

At DUAL, underwriters play a key strategic role in shaping the underwriting framework and expanding broker relationships. In this role, you will provide expertise in risk evaluation, manage new and renewal submissions, and support profitable portfolio growth.

In collaboration with the Cyber division, you will evaluate cyber risk exposures including security controls, incident history, and emerging threats to provide tailored insurance solutions.

Role responsibilities

• Curate a portfolio of business in accordance with Underwriting Guidelines and prescribed pricing tools with minimal discretion, ensuring submissions meet underwriting standards for the program and are profitable


• Evaluate, select, classify and rate/price each risk; establish the standards of coverage and amount of protection to be offered.


• Execute on annual new and renewal business goals by achieving agreed premium income and hitting quote numbers with desired hit ratios and retentions


• Foster relationships with assigned producers


• Gather and compile information required to quote and/or bind an account


• Generate, edit, and send out a variety of correspondence such as declination letters, quote follow ups and subjectivity reminders


• Demonstrate an advanced understanding of technical underwriting principles and risk underwriting characteristics in their business line


• Keep up to date on market dynamics, competitive landscape, and product differences


• and communicate market intelligence to the broader team


• Fill in for other team members to ensure business continuity during peak periods and/or when team members are unavailable


• Underwriting Authority: Has Underwriting Authority per an assigned LOA

Key requirements

• Bachelor's degree in risk management, finance, business or a related field preferred


• 0-5 years underwriting experience


• Solid understanding of underwriting principles and risk assessment


• Strong analytical, negotiation and decision-making skills


• Excellent written, verbal and client-facing communication skills


• Proficiency in Microsoft Office Suite (Word, Excel, Outlook, PowerPoint)


• Ability to follow policies and procedures


• Self-motivated with strong attention to detail


• Ability to travel up to 20% or more as required for client meetings, conferences, or industry events


• Must be able to remain in a stationary position 50% of the time, with occasional movement in the office to access cabinets and equipment