Senior Underwriter, Cyber
7 days ago
Key Accountabilities & Role Requirements:
- Portfolio Management: Support with the development of underwriting of Cyber Insurance ensuring profitable growth and strong portfolio performance.
- Underwriting Excellence: Assess, price, and negotiate complex risks in accordance with underwriting guidelines and Lloyd's compliance requirements.
- Business Development: Identify and cultivate broker and client relationships, leveraging existing market networks to expand distribution and deal flow.
- Market Presence: Represent Westfield Specialty in the Lloyd's and broader London market, including attendance at industry events, panel discussions, and broker meetings.
- Strategic Input: Contribute to the strategic direction, build out and product development of the Cyber team, aligning offerings with evolving market trend
- Risk Analysis: Conduct technical risk analysis and collaborate with actuarial, claims, legal teams and Westfield US Cyber to support underwriting decisions.
- Governance & Reporting: Maintain underwriting discipline, documentation, and reporting in line with Lloyd's standards and internal audit requirements.
Skills & Competencies Required:
- Proven experience underwriting Cyber risks in the Lloyd's or international insurance market.
- Technical knowledge of Cyber related risk.
- Deep understanding of market cycles, broker dynamics, and regulatory environment within Lloyd's and global energy insurance markets.
- Commercial acumen with a track record of building profitable portfolios and strong broker relationships.
- Excellent negotiation, communication, and presentation skills.
Qualifications & Experience:
Underwriting experience in Cyber Insurance.
Educated to Degree standard.
Desire to work towards ACII qualifications.
This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management. #WSPI
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