At a Glance
- Tasks: Join a dynamic Cyber team, engaging with brokers and writing complex Cyber business.
- Company: Be part of a rapidly growing insurance company aiming to double in size within five years.
- Benefits: Enjoy a competitive salary, 25% quarterly bonus, and comprehensive benefits with significant progression opportunities.
- Why this job: This role offers a chance to shape the future of Cyber insurance in a fast-growing market.
- Qualifications: Experience in building broker relationships and a passion for Cyber insurance is essential.
- Other info: Home-based roles available across the UK with occasional office visits.
The predicted salary is between 36000 - 60000 £ per year.
Job Type: Permanent
Sector: General Insurance
Specialism: Underwriting
Location: Yorkshire & Humberside
Town/City: Leeds
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: 3
About the Role
This is an exciting opportunity with one of the most dynamic insurance companies in the market, experiencing 20% annual growth and planning to double in size over the next five years. The company is heavily investing in its broker distribution arm and launching a high-profile Cyber Division.
The UK SME Cyber market is a fast-growing niche, currently generating approximately £300M in gross written premiums and expected to grow by 15% annually. The creation of a standalone UK SME Cyber proposition represents a significant growth initiative for the company\’s UK Broker Channel Unit.
Position Details
The role involves working within a dedicated Cyber team supported by a scalable digital trading platform. These are home-based roles, open to applicants across the UK, with regular broker engagement and occasional office visits. The company welcomes experienced Cyber Underwriters, broker-facing Underwriters, and those from related disciplines with a passion for Cyber insurance.
Responsibilities
- Support the development plan for a panel of brokers.
- Collaborate with the Head of Trading, Head of Cyber, and Broker Development Director to meet strategic and financial goals.
- Develop and maintain strong broker relationships.
- Provide excellent service to stakeholders.
- Write complex Cyber business within authority levels and risk appetite.
Candidate Profile
- Proven track record in building broker relationships and developing business pipelines.
- Enthusiastic about engaging brokers and explaining product benefits.
Benefits
Highly competitive salary, 25% quarterly bonus, and comprehensive benefits. Opportunities for progression are significant, given the high-profile nature of the role.
Aston Charles offers a personalized service from industry experts in General Insurance and Financial Services recruitment.
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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 in the Cyber insurance market. Understanding the nuances of this rapidly evolving sector will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the Cyber insurance field. Attend industry events or join online forums to connect with others who can provide insights and potentially refer you to opportunities within the company.
✨Tip Number 3
Prepare to discuss your experience in building broker relationships. Be ready to share specific examples of how you've successfully engaged brokers and developed business pipelines in your previous roles.
✨Tip Number 4
Research the company’s growth plans and their new Cyber Division. Being knowledgeable about their strategic goals will allow you to align your skills and experiences with what they are looking for in a candidate.
We think you need these skills to ace Development Underwriter (Cyber)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Development Underwriter (Cyber) position. Familiarise yourself with the company's growth plans and the significance of the Cyber Division.
Tailor Your CV: Highlight your relevant experience in underwriting, particularly in Cyber insurance or related fields. Emphasise your track record in building broker relationships and any specific achievements that align with the role's requirements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Discuss your passion for Cyber insurance and how your skills can contribute to the company's growth and success in this niche market.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail and professionalism, which are crucial in the underwriting field.
How to prepare for a job interview at Aston Charles
✨Know Your Cyber Insurance Basics
Make sure you brush up on the fundamentals of cyber insurance. Understand key terms, current market trends, and the specific challenges faced by SMEs in this sector. This knowledge will help you demonstrate your expertise and passion during the interview.
✨Showcase Your Relationship-Building Skills
Since the role involves developing strong broker relationships, be prepared to discuss your past experiences in building and maintaining these connections. Share specific examples of how you've successfully engaged with brokers and the impact it had on your previous roles.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities and decision-making skills in underwriting scenarios. Think about potential challenges you might face in the role and how you would address them, particularly in relation to risk appetite and authority levels.
✨Demonstrate Your Enthusiasm for Growth
The company is experiencing rapid growth and is looking for candidates who are equally enthusiastic about this opportunity. Be ready to express your excitement about the potential for progression within the role and how you can contribute to the company's ambitious goals.