Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join a dynamic team to develop and maintain broker relationships in the Cyber insurance market.
- Company: Be part of a rapidly growing insurance company with ambitious plans for expansion.
- Benefits: Enjoy a competitive salary, 25% quarterly bonus, and flexible home-based working.
- Why this job: Make a visible impact in a high-profile role within an exciting new Cyber Division.
- Qualifications: Experience in Cyber underwriting or related insurance fields is essential; passion for Cyber is a must.
- Other info: This role offers significant progression opportunities in a fast-paced environment.
The predicted salary is between 36000 - 60000 £ per year.
Job Type: Permanent Sector: General Insurance Specialism: Underwriting Location: London & South Town/City: Milton Keynes Salary range: Other Salary Description: Attractive salary (Neg) plus market-leading bonus Posted: 01-Aug-25 Start Date: ASAP Recruiter: Aston Charles Job Ref: RJ-3161 Job Views: 4
This is arguably the most exciting insurance company in the market right now.
Currently enjoying 20% year on year growth, and with plans to double in size over the next 5 years, this organisation is investing heavily in the growth of its broker distribution arm.
“Nationally, and internationally, this is an all-eyes-on project. The launch of our Cyber Division is the highest profile development in this business at present – these are crucial positions and your successes will be visible to the Board on both sides of the Atlantic”, so says the Director of this specialist insurer.
The UK SME Cyber market presents a compelling proposition for any dynamic insurer that is able to react quickly to changes in this this fast-paced niche. The SME Cyber market currently delivers circa £300M in gross written premiums across the UK, and is anticipated to grow 15% annually over each of the next five years. As such, the creation of a standalone UK SME proposition resents a significant profitable growth initiative for this insurer’s UK Broker Chanel Unit (already its largest and fastest growing Division).
This new operating model comprises a dedicated Cyber team (comprising some of the most gifted Underwriters in the niche), and is supported by a scalable digital trading capability.
Aston Charles is delighted to have been retained to assist in the appointment of a number of Development Underwriters. These are home-based roles, and you can reside anywhere in the UK – although you will have to regularly engage with an allocated panel of brokers in person, and occasionally visit a local office. We welcome applications from experienced Cyber Development Underwriters, as well as Cyber Underwriters seeking a more broker-facing position, and DU’s from related insurance disciplines who can demonstrate a passion for Cyber.
Here, you will support the development plan for a specific panel of brokers, working in close conjunction with the Head of Trading, Head of Cyber and Broker Development Director to achieve the strategic aims and income goals outlined in the Cyber financial plan.
You will be responsible for developing and maintaining strong broker relationships, and provide excellent service to all stakeholders.
You will also be personally responsible for writing (often complex) Cyber business, in-line with your authority level, and within the businesses appetite for risk.
You must have a strong track record of building broker relationships and developing a pipeline of business. You’ll also demonstrate an enthusiasm for engaging with brokers, together with an ability to get them to understand the benefits of this exciting new product.
As one would expect from joining this Division, pre-launch, in such a high-profile position, it really does mean that the sky is the limit in terms of progression.
You will benefit from a highly competitive basic salary, plus 25% bonus (paid quarterly) and a comprehensive range of benefits.
Aston Charles – a personalised service from industry experts
General Insurance and Financial Services Recruitment
#J-18808-Ljbffr
Development Underwriter (Cyber) employer: Aston Charles
Contact Detail:
Aston Charles Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Development Underwriter (Cyber)
✨Tip Number 1
Familiarise yourself with the latest trends and developments in the Cyber insurance market. Understanding the nuances of this niche will not only help you in discussions but also demonstrate your genuine interest and expertise to potential employers.
✨Tip Number 2
Network with professionals already working in Cyber underwriting or related fields. Attend industry events, webinars, or join online forums to connect with others and gain insights that could give you an edge during interviews.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully built broker relationships in the past. Highlighting your ability to engage and maintain strong partnerships will be crucial for this role.
✨Tip Number 4
Research the company’s current initiatives and growth plans, especially regarding their Cyber Division. Being able to speak knowledgeably about their goals and how you can contribute will set you apart from other candidates.
We think you need these skills to ace Development Underwriter (Cyber)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in underwriting, particularly in the cyber insurance sector. Emphasise any broker relationships you've built and your ability to write complex business.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for cyber insurance and your understanding of the market. Mention specific achievements that demonstrate your skills in developing broker relationships and driving business growth.
Highlight Relevant Skills: In your application, focus on skills that are crucial for the role, such as relationship management, analytical thinking, and knowledge of cyber risks. Use examples from your past roles to illustrate these skills.
Show Enthusiasm for the Role: Convey your excitement about joining a high-profile project in a growing division. Discuss how you can contribute to the company's goals and your eagerness to engage with brokers to promote the new cyber product.
How to prepare for a job interview at Aston Charles
✨Understand the Cyber Insurance Landscape
Before your interview, make sure you have a solid grasp of the current trends and challenges in the cyber insurance market. Familiarise yourself with key statistics, such as the projected growth rates and the specific needs of SMEs regarding cyber coverage.
✨Showcase Your Relationship-Building Skills
Since this role heavily involves developing broker relationships, be prepared to discuss your past experiences in building and maintaining professional relationships. Use specific examples that highlight your communication skills and ability to engage effectively with brokers.
✨Demonstrate Your Passion for Cyber Insurance
Express your enthusiasm for the cyber insurance sector during the interview. Share any relevant experiences or projects that showcase your interest and commitment to this niche area, as well as your understanding of its importance in today's digital landscape.
✨Prepare for Scenario-Based Questions
Expect to face scenario-based questions that assess your problem-solving abilities and decision-making skills in underwriting complex cyber risks. Think through potential scenarios beforehand and be ready to articulate your thought process and rationale behind your decisions.
