At a Glance
- Tasks: Manage a growing portfolio of cyber insurance and influence key decisions.
- Company: Join a leading corporate insurance company with a strong Lloyd’s presence.
- Benefits: Enjoy travel opportunities and a dynamic work environment.
- Why this job: Be part of an evolving field with significant impact on global industries.
- Qualifications: 5+ years of underwriting experience, especially with large corporate clients.
- Other info: Work closely with international coverholders in diverse sectors.
The predicted salary is between 43200 - 72000 £ per year.
This is a new opportunity at a large corporate insurance company with a strong Lloyd’s presence, seeking an experienced Cyber Underwriter to manage a developing and growing portfolio. The role has evolved over the past 18 months, encompassing both open market and a robust DUA presence.
As the second-in-command in the team, the ideal candidate should have a minimum of 5 years of underwriting experience. The position is primarily based at the office, with significant travel opportunities. The portfolio is broad, covering a worldwide market, including the US, with most business coming from the open market.
The successful candidate must be a strong influencer, with a significant presence and good decision-making skills. The existing DUA portfolio includes key international coverholders, with risks spanning insurtech, healthcare, aerospace, and more. Experience working with large corporate clients, with revenues exceeding $1 billion USD, is essential.
Cyber Underwriter employer: TN United Kingdom
Contact Detail:
TN United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cyber Underwriter
✨Tip Number 1
Network with professionals in the insurance and underwriting sectors, especially those with experience in cyber insurance. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in the field.
✨Tip Number 2
Familiarise yourself with the specific challenges and opportunities within the cyber insurance market. Understanding the nuances of insurtech, healthcare, and aerospace risks will help you stand out as a knowledgeable candidate.
✨Tip Number 3
Demonstrate your decision-making skills by preparing examples of past experiences where you've successfully influenced outcomes in underwriting. Be ready to discuss these during any interviews or networking conversations.
✨Tip Number 4
Research the company’s existing DUA portfolio and key international coverholders. Showing that you understand their business model and client base can set you apart from other candidates.
We think you need these skills to ace Cyber Underwriter
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of a Cyber Underwriter. Familiarise yourself with the specific skills needed, such as experience in underwriting for large corporate clients and knowledge of various industries like insurtech and healthcare.
Tailor Your CV: Customise your CV to highlight your relevant experience in underwriting, especially your work with large corporate clients and any specific industries mentioned in the job description. Use quantifiable achievements to demonstrate your impact in previous roles.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the insurance industry. Mention your experience with DUA portfolios and your ability to influence and make decisions effectively. Make sure to connect your background to the company's needs.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail, which is crucial in underwriting.
How to prepare for a job interview at TN United Kingdom
✨Showcase Your Underwriting Experience
Make sure to highlight your minimum of 5 years of underwriting experience during the interview. Be prepared to discuss specific cases or portfolios you've managed, especially those involving large corporate clients and diverse sectors like insurtech and healthcare.
✨Demonstrate Your Decision-Making Skills
As a Cyber Underwriter, strong decision-making skills are crucial. Prepare examples of past situations where you had to make tough decisions quickly and how those decisions positively impacted your portfolio or team.
✨Emphasise Your Influencing Abilities
Since the role requires being a strong influencer, think of instances where you've successfully persuaded stakeholders or clients. This could involve negotiating terms or advocating for a particular approach in underwriting.
✨Research the Company and Market Trends
Familiarise yourself with the company's position in the Lloyd’s market and current trends in cyber insurance. Being knowledgeable about recent developments will show your genuine interest and help you engage in meaningful discussions during the interview.