At a Glance
- Tasks: Help build a leading cyber insurance business and generate new opportunities.
- Company: Join Aon, a global leader in insurance and risk management.
- Benefits: Enjoy a hybrid role with flexibility, extensive resources, and career growth.
- Other info: Be part of a diverse team focused on innovation and collaboration.
- Why this job: Make an impact in the fast-paced world of cyber underwriting.
- Qualifications: Experience in underwriting, especially in cyber or related fields.
The predicted salary is between 50000 - 65000 £ per year.
We are passionate about helping our colleagues and clients succeed. Join us as a Cyber Underwriter to help build a market‑leading cyber underwriting business.
Responsibilities
- Help establish a market‑leading cyber insurance proposition.
- 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 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, utilizing Aon’s world‑class cyber capabilities in placement, risk management and response.
- Work in accordance with the Aon UK Limited Risk Management Framework.
Opportunity
The Cyber MGA is part of Aon’s UK‑based MGA business unit, trading as Aon Underwriting Managers (AUM). AUM is one of the largest organically grown multiline MGAs in the UK, focusing on writing specialty and P&C business on behalf of Lloyd’s and Company market capital partners. AUM has ambitious growth plans and benefits from Aon’s united and collaborative approach. This initiative offers you the chance to work with Aon teams and clients worldwide. Early on, you will have opportunities for progression and career growth.
Qualifications
- Proven experience within underwriting, with experience in cyber or related classes.
- Good understanding of cyber risk’s 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.
- Ability 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.
Benefits
Hybrid role with flexibility to work from our London office and virtually. The role benefits from Aon’s extensive Cyber Solutions capabilities, broad client knowledge, and access to actuarial and exposure management teams. You will also gain exposure to proprietary tool development. We are an inclusive and collaborative team that values trust, diversity, and better outcomes for people worldwide.
Cyber Underwriter in City of Westminster employer: Aon PLC.
Contact Detail:
Aon PLC. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cyber Underwriter in City of Westminster
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, or even hit up LinkedIn to find folks who work at Aon or in cyber underwriting. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Show off your knowledge! When you get the chance to chat with potential employers, make sure to highlight your understanding of cyber risks and underwriting. Share insights on market trends or recent developments in the cyber insurance space to demonstrate your expertise.
✨Tip Number 3
Be proactive! Don’t wait for job openings to pop up. Reach out directly to hiring managers or team leads at Aon. Express your interest in the Cyber Underwriter role and ask about upcoming opportunities. It shows initiative and can set you apart from other candidates.
✨Tip Number 4
Utilise our website! Apply through StudySmarter’s platform to streamline your application process. We’ve got resources and tips to help you shine during interviews, so take advantage of everything we offer to boost your chances of landing that dream job!
We think you need these skills to ace Cyber Underwriter in City of Westminster
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 you have about cyber risks. We want to see how your skills align with our needs!
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 our 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 collaborative team at Aon.
How to prepare for a job interview at Aon PLC.
✨Know Your Cyber Stuff
Make sure you brush up on your knowledge of cyber risks and underwriting principles. Familiarise yourself with the latest trends in cyber insurance and be ready to discuss how you can contribute to building a market-leading proposition.
✨Build Relationships
Since this role involves generating new business opportunities, think about how you can demonstrate your ability to build relationships. Prepare examples of how you've successfully collaborated with stakeholders or clients in the past.
✨Showcase Your Entrepreneurial Spirit
This position calls for an entrepreneurial attitude, so come prepared to share instances where you've taken initiative or driven growth in previous roles. Highlight your self-starter mentality and how it can benefit the team.
✨Understand the Aon Culture
Familiarise yourself with Aon's values and collaborative approach. Be ready to discuss how you align with their commitment to diversity and better outcomes, and how you can contribute to their ambitious growth plans.