Cyber Development Underwriter
Cyber Development Underwriter

Cyber Development Underwriter

Manchester Full-Time 36000 - 60000 Β£ / year (est.) No home office possible
Avencia Consulting

At a Glance

  • Tasks: Underwrite complex SME cyber risks and manage broker relationships.
  • Company: Join Markel, a Fortune 500 company focused on empowering people and protecting what matters.
  • Benefits: Enjoy a competitive salary, up to 16% pension, private medical cover, and 25 days holiday.
  • Why this job: Be part of a growing team in a high-profile strategic build within the exciting cyber insurance market.
  • Qualifications: Experience in cyber underwriting, strong communication skills, and a commercial attitude are essential.
  • Other info: Opportunities for career development and mentoring junior team members.

The predicted salary is between 36000 - 60000 Β£ per year.

Development Underwriter – CyberLeeds | Manchester | Birmingham

About the Team

Our UK broker channel is the largest and fastest-growing area of the business, with strong momentum across broker engagement, pipeline, and new business volumes. To support continued growth, the broker market is segmented into strategic, key, development, and connect partners-allowing for a more targeted and effective approach.

As part of this growth, we are looking to hire a Development Underwriter to support the expansion of a Cyber portfolio, working closely with senior stakeholders to deliver against ambitious income and growth targets.

The Role This is an exciting opportunity to play a key role in building and developing a growing Cyber book. You will be responsible for underwriting complex risks, managing broker relationships, and driving new business through an aligned panel of brokers.

You\’ll work closely with the Head of Trading, Head of Cyber, and Broker Development Director to execute the strategic plan, while being highly visible in the market and recognised as a trusted partner to brokers.

Key Responsibilities

  • Underwrite complex cyber risks within delegated authority, maintaining strong underwriting discipline
  • Deliver an efficient and responsive new business service to brokers
  • Build, manage, and develop relationships across a panel of brokers
  • Identify and develop new broker relationships to support growth ambitions
  • Drive pipeline development and convert opportunities into profitable business
  • Maintain accurate broker and pipeline data within CRM systems
  • Contribute to reporting on broker activity and new business performance
  • Support broker education through training sessions and external events
  • Collaborate with internal stakeholders to deliver the best outcomes for brokers and clients
  • Promote a high-performance culture through coaching, mentoring, and knowledge sharing within the team

About You

  • Proven experience in Cyber underwriting with strong technical capability
  • Demonstrated success in building and managing broker relationships
  • Commercial mindset with a track record of winning and retaining business
  • Strong communication and stakeholder management skills
  • Confident using systems including CRM and Microsoft Office tools
  • Motivated, driven, and keen to contribute to building a market-leading Cyber offering

This is a fantastic opportunity to join a growing Cyber team within a global insurer, where you can make a real impact and help shape the future of the portfolio.

Cyber Development Underwriter employer: Avencia Consulting

Markel is an exceptional employer that prioritises a people-first culture while driving innovation in the insurance sector. Based in Manchester, our Cyber Development Underwriter role offers a competitive salary, extensive benefits, and significant opportunities for professional growth within a dynamic team dedicated to shaping the future of SME cyber insurance. Join us to make a meaningful impact in a rapidly expanding market, supported by a strong commitment to employee development and well-being.
Avencia Consulting

Contact Detail:

Avencia Consulting Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Cyber Development Underwriter

✨Tip Number 1

Familiarise yourself with the latest trends in cyber insurance and underwriting. Understanding the current market dynamics and emerging risks 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, webinars, or local meetups to build relationships with potential colleagues and brokers. This can give you insights into the role and help you stand out as a candidate.

✨Tip Number 3

Prepare to discuss your experience with CRM systems and data management. Since maintaining accurate broker data is crucial for this role, being able to showcase your proficiency in these areas will be beneficial during interviews.

✨Tip Number 4

Highlight your ability to mentor and support junior team members. The role involves coaching others, so sharing examples of how you've successfully guided colleagues in the past can demonstrate your leadership potential.

We think you need these skills to ace Cyber Development Underwriter

Cyber Underwriting Expertise
Technical Risk Analysis
Broker Relationship Management
Commercial Acumen
Excellent Communication Skills
Data Management Skills
CRM System Proficiency
Microsoft Office Proficiency
Pipeline Development
Mentoring and Coaching Skills
Strategic Account Development
Collaboration and Teamwork
Problem-Solving Skills
Attention to Detail

Some tips for your application 🫑

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Cyber Development Underwriter. Familiarise yourself with the key skills mentioned in the job description, such as cyber underwriting experience and broker relationship management.

Tailor Your CV: Customise your CV to highlight relevant experience in cyber underwriting and any previous roles that involved broker engagement. Use specific examples to demonstrate your skills and achievements in these areas.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention how your background aligns with Markel's goals and values, particularly in relation to their Cyber growth strategy and commitment to broker relationships.

Highlight Technical Skills: In your application, emphasise your technical skills related to cyber risk analysis and your proficiency with CRM systems. This will show that you are well-equipped to handle the complexities of the role.

How to prepare for a job interview at Avencia Consulting

✨Understand Cyber Underwriting

Make sure you have a solid grasp of cyber underwriting principles and the specific risks associated with SMEs. Be prepared to discuss your experience in this area and how it relates to the role.

✨Showcase Broker Relationship Skills

Highlight your ability to build and maintain strong relationships with brokers. Prepare examples of how you've successfully managed broker partnerships in the past, as this is crucial for the role.

✨Demonstrate Commercial Awareness

Be ready to discuss the current trends in the cyber insurance market and how they impact underwriting decisions. Showing that you understand the commercial landscape will impress your interviewers.

✨Prepare for Technical Questions

Expect technical questions related to cyber risks and underwriting processes. Brush up on your knowledge and be ready to explain your thought process when assessing complex risks.

Cyber Development Underwriter
Avencia Consulting
Location: Manchester

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