Cyber Senior/Underwriter, Middle Market in England

Cyber Senior/Underwriter, Middle Market in England

England Full-Time 50000 - 65000 £ / year (est.) No working from home possible
Chubb

At a Glance

  • Tasks: Underwrite new Cyber business and develop strategies for market penetration.
  • Company: Join Chubb, a global leader in insurance with a collaborative culture.
  • Benefits: Competitive salary, annual bonus, private medical cover, and flexible working options.
  • Other info: Diversity and inclusion are at the heart of our values; we celebrate every individual.
  • Why this job: Make an impact in the fast-paced Cyber Insurance sector while growing your career.
  • Qualifications: Experience in Cyber or Professional Indemnity and strong communication skills required.

The predicted salary is between 50000 - 65000 £ per year.

Are you an experienced Underwriter with Cyber knowledge? If so, we would love to hear from you. We are seeking an experienced Underwriter to be a key part of Chubb's Cyber Underwriting team. This role will focus on new business development in the upper SME/lower middle‑market segment. You would be responsible for new business underwriting and trading with broker partners, including pipelining, quoting, negotiating and writing new Cyber business. This position will suit someone with experience of Cyber in the SME/lower middle‑market segment and will have a core focus on growing Chubb’s external profile in the market.

Key Responsibilities:

  • Working closely with the Regional Cyber Manager to drive development opportunities, including devising strategies to achieve depth and breadth penetration of the market in Cyber Insurance Financial Goals.
  • To underwrite new business or renewals according to defined underwriting guidelines, specified budget and local business plan.
  • To assist in formulating underwriting strategy, forecasts and portfolio management in order to achieve underwriting profitability.
  • To ensure quality control within defined area of responsibility by undertaking quantitative underwriting reviews, running regular management meetings and peer reviews.
  • To prioritise and develop products within area of specialist expertise in order to improve client retention and new business.
  • To represent and promote Chubb corporately to brokers, internal and external clients.
  • To meet company standards in respect of policy documentation, timeframe for quoting new and renewal business and compliance issues.
  • To manage junior colleagues by using peer review process as well as providing mentoring, training and coaching where appropriate.
  • To represent and promote Chubb and maintain a permanent contact with internal colleagues and clients as well as major clients.

Qualifications:

  • Experience of Cyber or Professional Indemnity lines of business as well as experience dealing directly with clients on complex matters.
  • Basic knowledge of insurance and proactive in identifying opportunities and taking initiatives to support our business goals.
  • Excellent communicator with strong influencing and negotiation skills both written and verbally.
  • Ability to build solid business relationships with brokers and customers and demonstrate general analytical and financial analysis skills.
  • Proficiency in both sales and marketing as well being a pro‑active self‑starter who is confident to make decisions, both independently and in collaboration with colleagues and/or managers.

What can you expect in return?

  • Competitive Salary, Non‑Contributory Pension & Annual Bonus Scheme
  • 25 days Annual Leave plus ability to Purchase 5 Additional Days
  • Private Medical Cover, Employee Share Purchase Plan, Life Assurance & Subsidised Gym Membership
  • Learning & Development Offerings, Networking, Mentoring & Development Opportunities.
  • 1‑day annual Charitable leave, Cycle to Work Scheme, Active Sports & Social Committee, Employee Assistance Program.

Core Values:

  • Integrity
  • Client focus
  • Respect
  • Excellence
  • Teamwork

At Chubb we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients.

Cyber Senior/Underwriter, Middle Market in England employer: Chubb

Chubb is an exceptional employer, offering a dynamic work environment that fosters collaboration and professional growth. With a strong commitment to employee well-being, we provide competitive salaries, comprehensive benefits including private medical cover and a non-contributory pension scheme, as well as ample opportunities for learning and development. Our inclusive culture values diversity and promotes mutual respect, making Chubb a rewarding place to build a meaningful career in the insurance industry.

Chubb

Contact Details:

Chubb Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Cyber Senior/Underwriter, Middle Market in England

Tip Number 1

Network like a pro! Reach out to your connections in the insurance and cyber sectors. Attend industry events or webinars, and don’t be shy about introducing yourself to potential employers. Remember, it’s all about who you know!

Tip Number 2

Prepare for those interviews! Research Chubb and its Cyber Underwriting team thoroughly. Know their products and recent developments in the cyber insurance market. This will help you stand out and show that you’re genuinely interested.

Tip Number 3

Showcase your skills! Bring along examples of your past successes in underwriting or business development. Whether it’s a case study or a project you led, having tangible proof of your abilities can make a huge difference.

Tip Number 4

Don’t forget to follow up! After an interview, send a quick thank-you email to express your appreciation for the opportunity. It keeps you on their radar and shows your enthusiasm for the role. Plus, it’s just good manners!

We think you need these skills to ace Cyber Senior/Underwriter, Middle Market in England

Cyber Insurance Knowledge
Underwriting Skills
New Business Development
Broker Relationship Management
Negotiation Skills
Analytical Skills
Financial Analysis

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to highlight your Cyber underwriting experience. We want to see how your skills align with the role, so don’t be shy about showcasing relevant achievements!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about Cyber insurance and how you can contribute to our team at Chubb. Keep it engaging and personal.

Showcase Your Communication Skills:As an Underwriter, strong communication is key. In your application, demonstrate your ability to influence and negotiate effectively. We love seeing examples of how you've built relationships with brokers or clients.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!

How to prepare for a job interview at Chubb

Know Your Cyber Stuff

Make sure you brush up on your knowledge of Cyber Insurance, especially in the SME/lower middle-market segment. Be ready to discuss specific cases or trends you've encountered and how they relate to underwriting decisions.

Showcase Your Negotiation Skills

Since this role involves a lot of trading with broker partners, prepare examples of past negotiations you've successfully navigated. Highlight your influencing skills and how you've built solid relationships with brokers and clients.

Understand Chubb's Values

Familiarise yourself with Chubb’s core values: Integrity, Client focus, Respect, Excellence, and Teamwork. Be prepared to discuss how these values resonate with you and how you’ve demonstrated them in your previous roles.

Prepare for Portfolio Management Questions

Expect questions about portfolio integrity and management strategies. Think about how you've previously managed portfolios, achieved profitability, and what strategies you would implement to ensure success in this role.