Regional Head of Cyber Underwriting
4 weeks ago
Whether it’s aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.
We are looking for a Regional Head of Cyber Underwriting based in London.
Your Team
At Allianz Commercial we combine specialist expertise and global reach with high levels of AA rated underwriting capacity to industry specific exposures. This allows us to establish a reputation as leaders of some of the largest and most complex Cyber risks in the market.
The Impact You Will Have
As the Regional Head of Cyber for the UK, you will be instrumental in shaping and delivering comprehensive underwriting strategies tailored to our regional needs. You will take full ownership of selected key and large accounts, ensuring exceptional service and strategic oversight. Additionally, your wealth of expertise will be invaluable as you mentor and train our dedicated team, fostering a culture of continuous learning and professional excellence.
Some of your specific responsibilities could include:
• Develop and execute the UK strategy for the Cyber, Tech and Media portfolio within the framework of the global Cyber strategy
• Develop targeting strategy for new opportunities in Cyber, Tech and Media
• Manage a team of underwriters
• Collaborate with relevant internal stakeholders (e.g. Underwriting, Operations, Actuarial, Finance, etc) to enable delivery of underwriting targets
• Underwrite large new and renewal accounts to meet top and bottom line targets
• Negotiate participation, pricing and terms and conditions with brokers.
• Proactively support acquisition of new business and retention of existing business (including client and broker negotiations where necessary)
• Positively represent Allianz Commercial externally to the market
What You’ll Bring to the Role
• Significant experience underwriting profitable business in the Cyber segment of large corporate international insurance
• Ideally you are CII qualified or equivalent or working towards it
• You have recognised relationships with clients and brokers at peer group level and are well established within the UK Cyber market
• You have a specialised understanding of regional / national Cyber insurance markets and the competitor landscape
• You are able to negotiate effectively achieving the best outcome for your portfolio while maintaining positive business relationships with your clients and brokers
• You are capable of leveraging data and analytics to make business more efficient and effective
• You have a good understanding of the legal and regulatory framework
• You can design, develop and implement consistent, robust wordings for contracts
• Fluent English language skills
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