Cyber Underwriter

4 weeks ago


London, Greater London, United Kingdom Munich Re Full time
Cyber Underwriter Role

Munich Re Specialty – Global Markets is seeking a skilled Cyber Underwriter to join our team in London. As a Cyber Underwriter, you will be responsible for underwriting cyber and technology risks, exercising judgment in all underwriting matters, and remaining aware of your own underwriting limits.

Key Responsibilities
  • Underwrite cyber and technology risks, ensuring maximum return of profit while maintaining the firm's reputation and integrity.
  • Develop effective relationships within Lloyd's, securing new business that falls within the Munich Re Specialty – Global markets/ Munich Re Syndicate Ltd portfolio.
  • Monitor recording of risk entry and amend where appropriate.
  • Review daily claims report and report significant changes in risks or the effectiveness of controls to your line manager.
Requirements
  • Intermediate (Level 2) knowledge and understanding of legal principles, FCA and Lloyd's rules and regulations, and contract certainty issues.
  • Develop and maintain market and risk awareness, and willingness to continue to develop knowledge of products, underwriting and related issues.
What We Offer
  • Critical illness insurance + Life Assurance + Permanent Health Insurance
  • Wellbeing and Development Scheme + EAP + Health Assessments (subject to scheme eligibility)
  • Electric Vehicle Salary Sacrifice Scheme
  • Study & continuing Professional Development Support


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