Cyber Underwriter - London Market - Global Assignment Possible (m/f/d)

 

Location
London , United Kingdom

 

Are you a Cyber Underwriter or Broker currently or perhaps an IT Security professional or graduate with a keen interest in Underwriting?

 

The Cyber business unit of Munich Re F&C (Facultative & Corporate) are looking for a new team member! This person will support the underwriting of Cyber insurance business for large and/or complex industrial accounts in accordance with Munich Re guidelines and the Cyber Solutions London Market strategy, including assisting with risk analysis and assessment, coverage evaluation, pricing and contract negotiations and account administration.

Your job

Key Responsibilities:

• Acquiring and underwriting cyber and technology insurance risks for large industrial and corporate clients, including all tasks associated with risk and coverage analysis
• Attending client and market-wide cyber meetings, and discussing and evaluating clients’ individual cyber exposure
• Collaborating with other F&C Cyber teams in Munich and the US to implement the global single risk F&C Cyber Solution strategy
• Promoting F&C and Munich Re’s cyber capabilities in client and broker meetings, conferences and market events and establishing Munich Re as a reliable, responsible and knowledgeable partner
• Working within a close-knit network of cyber experts and participating in challenging global projects with other Cyber teams and central interfaces

 

General Duties and Tasks:

• Collaborate closely with brokers to support the broker relationships and acquisition of new accounts
• Visit underwriter meetings and conduct risk assessments
• Review and negotiate policy forms
• Price and assess risks/accounts using pricing tools
• Maintain underwriting and administrative tools
• Research cyber trends and exposures
• Participate in company-wide projects to support the company’s cyber innovation strategy

 

Your profile

Key Skills and Experience

Essential

• Excellent written and oral communication skills, good presentation skills
• Strong relationship building and persuasion skills
• Collaborative and team minded approach to work
• Able to work in team and independently
• Ability to make decisions based on logic, risk and commercial aspects
• High level of dedication and ability to work to target
• Accuracy and Diligence
• High degree of self-motivation and willingness to learn
• Excellent digital literacy

Desirable

Ideally we are looking for somebody with experience in underwriting or broking cyber, property or liability risks along with London market experience

Qualifications and Educational Requirements:

University degree in IT security, other technical degree, business, law, or other university degree

IT-security certifications, e.g. CISSP, or similar desired

About us

Benefits

You will be rewarded with a competitive salary, on target bonus, 25 days annual leave with the option to purchase more along with private medical insurance and employers contributory pension of 10%. 

We offer a hybrid working policy with a mix of working from home at our City of London office.

About Us

Here at Munich Re we seek to offer our staff the opportunity to grow in an exciting, results-oriented and diverse working environment. We believe that your dedication to apply your outstanding knowledge crafts the future; the future of our clients, of Munich Re and of course your own.

Munich Re is an equal opportunity employer. We celebrate diversity and are committed to crafting an inclusive environment for all our employees.