Cyber Risk Underwriter
23 hours ago
Munich Re, a global reinsurer, is seeking an experienced Cyber Risk Underwriter to join our team in London. As a key member of our Cyber Solutions division, you will be responsible for underwriting cyber insurance business for large and complex industrial accounts.
About the Role:
You will work closely with our clients to understand their cyber risks and develop tailored insurance solutions to mitigate these risks. Your expertise in risk assessment, analysis, and pricing will be essential in evaluating and pricing cyber risks.
Key Responsibilities:
- Acquire and underwrite cyber and technology insurance risks for large industrial and corporate clients.
- Assist with risk assessment and analysis, coverage evaluation, pricing, and contract negotiations.
- Participate in challenging global projects with other Cyber teams and central interfaces.
Qualifications and Educational Requirements:
- Experience in underwriting or broking cyber, liability, or property insurance for large industry risks.
Regulatory & Conduct Requirements:
- Understanding of the responsibilities and adherence to the requirements of undertaking a regulated role under the Senior Manager and Certification Regime.
- Compliance with Insurance Distribution Directive.
- Satisfying all regulatory reporting requirements in collaboration with the reporting function.
We offer a competitive salary of £70,000 - £90,000 per annum, depending on experience, plus benefits including pension scheme, life assurance, and annual leave.
The estimated salary range is based on the London market rates for this position.
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