Cyber Underwriter

Cyber Underwriter

Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
Aon Corporation

At a Glance

  • Tasks: Help build a leading Cyber underwriting business and develop innovative client solutions.
  • Company: Join Aon, a global leader in insurance and risk management.
  • Benefits: Hybrid work model, competitive salary, and opportunities for career progression.
  • Other info: Dynamic team environment with a focus on collaboration and innovation.
  • Why this job: Be part of a pioneering initiative with global impact and growth potential.
  • Qualifications: Experience in underwriting, especially in cyber risks, and strong relationship-building skills.

The predicted salary is between 60000 - 80000 £ per year.

Would you like to help build a market-leading Cyber underwriting business? We are recruiting an underwriter to grow the MGA’s portfolio of cyber business, with the aim of producing pioneering client solutions and a sustainably profitable portfolio for our carrier partners. The MGA targets mid-market clients who are domiciled around the world. This is a pivotal initiative for Aon, with sponsorship from the highest level and will benefit from being able to draw on Aon’s extensive Cyber Solutions capabilities, broking and client knowledge, actuarial and exposure management teams as well as the opportunity to develop other proprietary tools. This is a hybrid role with the flexibility to work from our London office and virtually.

Aon is in the business of better decisions. At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed.

What the day will look like:

  • Help establish a market leading cyber insurance proposition
  • Be able to understand and consistently apply the team’s cyber underwriting approach
  • Operate within delegated authority limits
  • Generate new business opportunities by building relationships with the wider global Aon broking teams, while ensuring the team maintains acceptable service levels
  • Develop good working relationships with AUM’s capacity providers to ensure seamless referral processes
  • Monitor the competitiveness of product in terms of price and scope of cover
  • Ensure risk data is accurately recorded and reported
  • Provide input to the development and marketing of the cyber MGA’s products, while utilising the strength of Aon’s world class cyber capabilities in placement, risk management and response
  • Responsible for working in accordance with the Aon UK Limited Risk Management Framework

How this opportunity is different:

The Cyber MGA is part of Aon’s UK based MGA business unit which trades as Aon Underwriting Managers (AUM). AUM is one of the largest organically grown multiline MGAs in the UK, focussing on writing specialty and P&C business on behalf of Lloyd’s and Company market capital partners. AUM has ambitious growth plans which benefit from being able to draw on Aon’s united and collaborative approach to providing the best client solutions. The international nature of this initiative gives the chosen underwriter the opportunity to work with Aon teams and clients around the globe. In addition, as you will be joining the Cyber MGA early on, there will be several opportunities for progression and career growth.

Skills and experience that will lead to success:

  • Proven experience within underwriting, with experience in cyber or related classes
  • Good understanding of cyber risks business’ face
  • Demonstrable ability to manage multiple internal stakeholders
  • Knowledge of MGA business including Delegated Authority management, Lloyd’s and Company markets
  • Strong cultural awareness and experience working with or in multiple jurisdictions is an added plus
  • Able to establish excellent working relationships with brokers and insurers
  • Knowledge of how to profitably grow a book of insurance business
  • Entrepreneurial attitude and self-starter

Cyber Underwriter employer: Aon Corporation

Aon is an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration in the rapidly evolving field of cyber underwriting. With a strong commitment to employee growth, Aon provides access to extensive resources and training opportunities, enabling you to develop your skills while working alongside industry experts. The hybrid work model allows for flexibility, and being part of a globally recognised firm means you'll have the chance to make a significant impact on a pioneering initiative within a supportive and inclusive culture.
Aon Corporation

Contact Detail:

Aon Corporation Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Cyber Underwriter

✨Network Like a Pro

Get out there and connect with people in the industry! Attend events, webinars, or even local meet-ups. Building relationships can open doors to opportunities that aren’t even advertised.

✨Show Off Your Skills

When you get the chance to chat with potential employers, don’t hold back! Share your experiences and how they relate to the role of a Cyber Underwriter. Make sure they see the value you bring to the table.

✨Research the Company

Before any interview, do your homework on Aon and their Cyber MGA. Understand their values, recent projects, and how you can contribute to their goals. This shows you’re genuinely interested and ready to hit the ground running.

✨Apply Through Our Website

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at Aon.

We think you need these skills to ace Cyber Underwriter

Underwriting Experience
Cyber Risk Understanding
Stakeholder Management
MGA Business Knowledge
Delegated Authority Management
Lloyd's and Company Markets Knowledge
Cultural Awareness
Relationship Building
Insurance Business Growth
Entrepreneurial Attitude
Self-Starter

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Cyber Underwriter role. Highlight your experience in underwriting and any specific knowledge of cyber risks. We want to see how your skills align with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about cyber insurance and how you can contribute to our market-leading proposition. Let us know what makes you a great fit for the team.

Showcase Your Relationships: Since building relationships is key in this role, mention any relevant connections you've made in the industry. Whether it's with brokers or insurers, we want to see how you can leverage these relationships to generate new business opportunities.

Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at Aon!

How to prepare for a job interview at Aon Corporation

✨Know Your Cyber Stuff

Make sure you brush up on the latest trends and risks in cyber insurance. Familiarise yourself with common cyber threats and how they impact businesses. This will show your potential employer that you're not just knowledgeable but also genuinely interested in the field.

✨Showcase Your Relationship-Building Skills

Since this role involves generating new business opportunities, be prepared to discuss how you've successfully built relationships in the past. Think of specific examples where you've collaborated with brokers or insurers to achieve a common goal.

✨Understand Aon's Unique Position

Research Aon’s Cyber Solutions capabilities and their approach to underwriting. Being able to articulate how you can contribute to their market-leading proposition will set you apart from other candidates. Show them you’re ready to leverage their resources for success.

✨Demonstrate Your Entrepreneurial Spirit

This role requires an entrepreneurial attitude, so come prepared with ideas on how to grow the cyber portfolio. Think about innovative solutions or strategies that could benefit Aon and be ready to share them during the interview.

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