Development Underwriter (Cyber)
Development Underwriter (Cyber)

Development Underwriter (Cyber)

London Full-Time 43200 - 72000 ÂŁ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join a dynamic team as a Development Underwriter, focusing on building broker relationships and writing Cyber business.
  • Company: Be part of a rapidly growing insurance company, doubling in size with an exciting new Cyber Division.
  • Benefits: Enjoy a competitive salary, 25% quarterly bonus, and comprehensive benefits while working from home.
  • Why this job: This role offers visibility to the Board and the chance to shape a high-profile Cyber initiative.
  • Qualifications: Experience in Cyber underwriting or related fields, with a passion for developing broker relationships is essential.
  • Other info: Home-based role with opportunities for progression in a fast-paced, innovative environment.

The predicted salary is between 43200 - 72000 ÂŁ per year.

Development Underwriter (Cyber) – London

Job Type: Permanent Sector: General Insurance Specialism: Underwriting Location: London & South Town/City: London 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

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Development Underwriter (Cyber) employer: Aston Charles

Join a rapidly growing insurance company that is at the forefront of the Cyber market, offering a dynamic work environment where your contributions will be recognised by senior leadership. With a strong focus on employee development and a competitive salary package, including a generous bonus structure, this role provides an exceptional opportunity for career advancement in a thriving sector. Enjoy the flexibility of home-based work while engaging with a dedicated team and building valuable broker relationships in a high-profile division.
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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 effectively with brokers will be crucial, as this role heavily relies on strong interpersonal skills.

✨Tip Number 4

Research the company’s current initiatives and future 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)

Cyber Insurance Knowledge
Broker Relationship Management
Underwriting Skills
Risk Assessment
Sales and Negotiation Skills
Market Analysis
Communication Skills
Customer Service Orientation
Strategic Planning
Networking Skills
Problem-Solving Skills
Attention to Detail
Adaptability
Team Collaboration

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 in previous roles that demonstrate your capability to contribute to the company's growth.

Highlight Relevant Skills: In your application, focus on skills such as relationship management, strategic thinking, and your ability to adapt to fast-paced environments. These are crucial for the Development Underwriter role.

Show Enthusiasm for the Role: Convey your excitement about the opportunity to work in a high-profile position within a growing division. Discuss how you can help the company achieve its strategic aims and income goals in the cyber market.

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 the key risks, coverages, and recent trends in the SME Cyber market. This knowledge will help you demonstrate your expertise and passion for the field during the interview.

✨Showcase Your Relationship-Building Skills

Since this role heavily involves developing 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 to face scenario-based questions that assess your problem-solving skills and decision-making abilities. Think about potential challenges you might encounter in the role and how you would address them, particularly in relation to writing complex Cyber business.

✨Express Your Enthusiasm for Growth

This company is on a growth trajectory, so it's important to convey your excitement about being part of a rapidly expanding team. Discuss how you can contribute to their ambitious plans and your willingness to adapt to the fast-paced nature of the cyber insurance market.

Development Underwriter (Cyber)
Aston Charles
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  • Development Underwriter (Cyber)

    London
    Full-Time
    43200 - 72000 ÂŁ / year (est.)

    Application deadline: 2027-08-07

  • A

    Aston Charles

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