Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Assess and underwrite complex cyber insurance risks while developing tailored solutions for clients.
- Company: Join DWH Recruitment, a leader in cyber insurance underwriting in Greater London.
- Benefits: Enjoy competitive pay, professional development opportunities, and a collaborative work environment.
- Why this job: Be at the forefront of cybersecurity trends and make a real impact in the insurance industry.
- Qualifications: Bachelor’s degree and 5+ years in underwriting, especially in cyber insurance or tech risks.
- Other info: Opportunity to mentor junior underwriters and lead innovative projects in a dynamic field.
The predicted salary is between 43200 - 72000 £ per year.
Social network you want to login/join with:
Senior Cyber Security Underwriter, Greater London
Client:
DWH Recruitment
Location:
Greater London, United Kingdom
Job Category:
Other
EU work permit required:
Yes
Job Reference:
c7809c7ce37a
Job Views:
9
Posted:
03.03.2025
Expiry Date:
17.04.2025
Job Description:
Department: Cyber Insurance Underwriting
Reports To: Head of Cyber Underwriting
Position Overview:
The Senior Cyber Underwriter is responsible for assessing and underwriting complex cyber insurance risks, developing tailored solutions for clients, and driving the growth of the cyber insurance portfolio. This role involves a deep understanding of cybersecurity risks, industry trends, and regulatory requirements. The Senior Cyber Underwriter will work closely with brokers, clients, and internal teams to deliver competitive and comprehensive insurance solutions.
Key Responsibilities:
Risk Assessment and Underwriting:
- Evaluate and analyze complex cyber insurance risks presented by brokers and clients.
- Assess the client’s cybersecurity posture, including data protection practices, incident response capabilities, and overall risk exposure.
- Determine appropriate terms, conditions, and pricing based on risk assessments and market dynamics.
- Contribute to the development and management of the cyber insurance portfolio to ensure profitability and compliance with underwriting guidelines.
- Monitor portfolio performance, identify trends, and adjust underwriting strategies as needed.
- Collaborate with actuarial teams to analyze data and refine pricing models.
Market and Product Development:
- Stay informed about emerging cyber threats, technological advancements, and industry regulations.
- Assist in the development of new cyber insurance products or enhancements to existing offerings.
- Provide input into policy wording to ensure clarity and comprehensiveness for clients.
Broker and Client Engagement:
- Build and maintain strong relationships with brokers and key clients to support business development and retention.
- Provide guidance to brokers on risk mitigation and suitable coverage options.
- Attend client and broker meetings to present solutions and explain underwriting decisions.
Leadership and Mentorship:
- Act as a senior resource for junior underwriters, providing training and mentoring to develop their skills.
- Lead underwriting projects and initiatives within the team.
- Contribute to the establishment of best practices and efficient underwriting processes.
Regulatory Compliance:
- Ensure underwriting practices comply with regulatory and legal requirements.
- Maintain accurate documentation for audits and regulatory reporting.
Qualifications and Skills:
Education and Experience:
- Bachelor’s degree in Business.
- 5+ years of experience in underwriting, with a strong focus on cyber insurance or technology-related risks.
Technical Knowledge:
- Deep understanding of cyber risks, including ransomware, data breaches, business interruption, and evolving threat landscapes.
- Familiarity with cybersecurity frameworks and best practices (e.g., NIST, ISO 27001).
- Knowledge of reinsurance structures and risk transfer mechanisms.
Certifications (Preferred):
- Chartered Insurance Underwriter (CII) or equivalent certification.
- Certified Information Systems Security Professional (CISSP) or similar cybersecurity certifications.
- ARM (Associate in Risk Management) or other risk-related qualifications.
Skills and Competencies:
- Strong analytical and decision-making skills, with the ability to evaluate complex risks.
- Excellent communication and negotiation abilities.
- Proficiency in interpreting technical cybersecurity information and translating it into underwriting terms.
- Organized and detail-oriented, with the ability to manage multiple tasks effectively.
Additional Skills:
- Experience with cyber insurance pricing models and tools is highly desirable.
- Ability to work collaboratively with cross-functional teams, including actuarial, claims, and product development.
#J-18808-Ljbffr
Senior Cyber Security Underwirter employer: TN United Kingdom
Contact Detail:
TN United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Cyber Security Underwirter
✨Tip Number 1
Make sure to stay updated on the latest trends in cybersecurity and insurance. Follow industry news, join relevant forums, and participate in webinars to enhance your knowledge and demonstrate your passion for the field.
✨Tip Number 2
Network with professionals in the cyber insurance space. Attend industry conferences or local meetups to connect with brokers and other underwriters. Building these relationships can provide valuable insights and potential referrals.
✨Tip Number 3
Consider obtaining additional certifications related to cybersecurity and risk management. Credentials like CISSP or ARM can set you apart from other candidates and show your commitment to professional development.
✨Tip Number 4
Prepare to discuss specific case studies or examples of complex risks you've assessed in the past. Being able to articulate your thought process and decision-making will showcase your expertise during interviews.
We think you need these skills to ace Senior Cyber Security Underwirter
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Senior Cyber Security Underwriter position. Familiarize yourself with key terms and concepts related to cyber insurance and underwriting.
Tailor Your CV: Customize your CV to highlight relevant experience in underwriting and cyber insurance. Emphasize your analytical skills, technical knowledge, and any certifications you hold that are pertinent to the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for cyber insurance and your understanding of the industry's challenges. Mention specific experiences that demonstrate your ability to assess risks and develop tailored solutions.
Highlight Relevant Skills: In your application, be sure to highlight your strong analytical and decision-making skills, as well as your ability to communicate complex cybersecurity information effectively. These competencies are crucial for the role.
How to prepare for a job interview at TN United Kingdom
✨Showcase Your Cybersecurity Knowledge
Make sure to demonstrate your deep understanding of cybersecurity risks and trends during the interview. Be prepared to discuss specific examples of how you've assessed cyber risks in the past and how you stay updated on emerging threats.
✨Prepare for Technical Questions
Expect technical questions related to cyber insurance, such as risk assessment methodologies and pricing models. Brush up on frameworks like NIST and ISO 27001, and be ready to explain how they apply to underwriting decisions.
✨Highlight Your Communication Skills
As a Senior Cyber Underwriter, you'll need to communicate complex information clearly. Practice explaining technical concepts in simple terms, as you may need to present solutions to clients and brokers who may not have a technical background.
✨Demonstrate Leadership and Mentorship Experience
Since this role involves mentoring junior underwriters, be prepared to share examples of how you've led projects or trained others in your previous positions. Highlight your ability to foster a collaborative team environment.
