Cyber Underwriter

Posted 24 April 2023
Salary 120000-150000
Job type Permanent
Discipline Cyber Security
Contact NameHoda Hilal
Remote working Remote

Job description

Key Responsibilities:


  • Develop and underwrite a profitable portfolio of Tech E&O, cyber and media business as part of the Cyber Risk team.
  • Structure tailor-made solutions by considering the team underwriting parameters and underwriting policy and using underwriting knowledge and experience to win new business and retain existing.
  • Monitor premiums, costs and claims ratios per contract and take corrective measures if necessary to ensure long term profitability at account level.
  • Evaluate appropriate risk premium by considering the risk costs, reinsurance cessions, capital exposure as well as the underwriting and general administration costs to ensure profitability, using rating models as applicable.
  • Monitor peer underwriters in their daily work to ensure profitability as well as efficient and cost effective administration of the Cyber Risk account.
  • Monitor and supervise assistants in their daily work to ensure compliance with underwriting philosophy and policy and consistency within the Cyber Risk Team.
  • Develop a good working relationship with the claims managers on this class of business.

Knowledge and Experience

  • 1 -3 years of underwriting experience
  • Thorough knowledge of underwriting policy, philosophy and practice
  • Knowledge of underwriting processes and systems
  • Client service experience