Senior Cyber Underwriter

2 months ago


London, Greater London, United Kingdom Markel International Services Ltd Full time
About the Role

We are seeking a highly experienced Senior Cyber Underwriter to join our team at Markel International Services Ltd. As a key member of our Cyber Division, you will play a critical role in shaping our cyber insurance offerings and driving business growth.

Key Responsibilities
  • Develop and implement strategic plans to raise the profile of Markel and the Cyber Team in the cyber insurance market.
  • Demonstrate a structured approach to broker development, communicating the Markel story to brokers and customers in a compelling and credible way that supports the brand.
  • Create and provide thought leadership for the Cyber Team, staying up-to-date with industry trends and developments.
  • Manage a portion of the Cyber Portfolio, analyzing data, working with actuaries, and creating strategies to drive growth and profitability.
  • Collaborate with Markel claims colleagues to maximize business development opportunities and identify areas for improvement.
  • Challenge wordings and clauses, leading the team in navigating complex drafting and amendment processes.
  • Contribute to innovation within the product suite, providing expert input into the creation of new products and refining existing ones.
  • Proactively develop and enhance our customer offering within Cyber, actively engaging with customers to identify their needs and provide solutions.
  • Take the lead in developing and managing key broker relationships, actively leading and managing pipelines for the team.
  • Influence brokers and advance Markel's interests through strong interpersonal and presentation skills.
  • Identify new distribution and delegated/cover holder opportunities, implementing them as appropriate.
  • Manage your own renewal book of business in line with appetite and strategy, including combined ratio targets.
Requirements
  • Strong experience in cyber underwriting, with a deep understanding of cyber risks and insurance products.
  • Excellent underwriting insights and risk acceptance skills, with the ability to analyze complex data and make informed decisions.
  • Portfolio management skills, with the ability to manage multiple portfolios and drive growth and profitability.
  • Underwriting data analysis skills, with the ability to interpret complex data and make informed decisions.
  • Actuarial concepts knowledge, with the ability to apply actuarial principles to underwriting decisions.
  • Claims service and data analysis skills, with the ability to analyze claims data and identify areas for improvement.
  • Wording comprehension and improvement skills, with the ability to challenge and improve wordings and clauses.
  • Excellent relationship management skills, with the ability to build strong relationships with brokers, customers, and internal stakeholders.
About Markel

Markel Corporation is a Fortune 500 company with over 60 offices in 20+ countries, providing insurance, reinsurance, specialist advisory, and investment operations around the world. We are a holding company for Markel International Services Ltd, a leading provider of cyber insurance solutions.

We are committed to creating a diverse and inclusive workplace, where everyone has the opportunity to succeed. We believe in the value of a diverse workforce and are proud to be a Disability Confident Committed employer.



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