At a Glance
- Tasks: Develop and maintain strong broker relationships while writing complex Cyber business.
- Company: Join a rapidly growing insurance company launching a high-profile Cyber Division.
- Benefits: Enjoy a competitive salary, 25% quarterly bonus, and comprehensive benefits.
- Why this job: Be part of an exciting project with visible impact and great progression opportunities.
- Qualifications: Experience in Cyber underwriting or related insurance disciplines is essential.
- Other info: Home-based role with occasional in-person engagements; work from anywhere in the UK.
The predicted salary is between 36000 - 60000 £ per year.
Development Underwriter (Cyber) – Maidstone
Job Type: Permanent Sector: General Insurance Specialism: Underwriting Location: London & South Town/City: Maidstone 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: 6
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.
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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 current challenges and opportunities will help you engage more effectively with brokers and demonstrate your expertise during discussions.
✨Tip Number 2
Network with professionals in the Cyber insurance field. Attend industry events or webinars to connect with potential colleagues and brokers, which can give you insights into what they are looking for in a Development Underwriter.
✨Tip Number 3
Prepare to showcase your relationship-building skills. Think of specific examples where you've successfully developed broker relationships in the past, as this will be crucial in demonstrating your fit for the role.
✨Tip Number 4
Stay updated on regulatory changes and technological advancements in Cyber insurance. Being knowledgeable about these areas will not only enhance your credibility but also show your commitment to the field.
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 of a Development Underwriter (Cyber). Familiarise yourself with the key skills required, such as building broker relationships and writing complex Cyber business.
Tailor Your CV: Customise your CV to highlight relevant experience in underwriting, particularly in Cyber or related fields. Emphasise your track record of developing broker relationships and any specific achievements that align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for Cyber insurance and your understanding of the market. Mention how your skills and experiences make you a perfect fit for the role and the company's growth ambitions.
Highlight Your Achievements: In both your CV and cover letter, include quantifiable achievements that demonstrate your success in previous roles. This could be in terms of revenue generated, successful projects, or growth in broker relationships.
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 of the SME Cyber market, and be ready to discuss how these factors could impact the role.
✨Showcase Your Relationship-Building Skills
Since this role heavily involves developing and maintaining broker relationships, prepare examples from your past experiences where you've successfully built rapport and trust with clients or partners. Highlight specific strategies you used to engage brokers and how you overcame any challenges.
✨Demonstrate Your Passion for Cyber Insurance
Express your enthusiasm for the cyber insurance sector during the interview. Share what excites you about the launch of the new Cyber Division and how you see yourself contributing to its success. This will show your potential employer that you're genuinely invested in the role.
✨Prepare for Technical Questions
Be ready to answer technical questions related to underwriting complex cyber risks. Brush up on your knowledge of risk assessment, policy structures, and claims processes specific to cyber insurance. This will demonstrate your expertise and readiness for the challenges of the position.