Senior Cyber Underwriter

Fidelis Partnership; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

The Fidelis Partnership is seeking a Recruitment Business Partner in London to assist in underwriting and manage relationships in their growing cyber portfolio. This mid-senior level role requires a Bachelor's Degree and a minimum of 5 years in (re)insurance, emphasizing commercial insurance knowledge and strong analytical skills. Join a leading specialty and bespoke (re)insurance business that values innovation, results, and diversity.

Qualifications

• Bachelor’s Degree or equivalent and progress towards ACII or other relevant commercial insurance industry designations.
• Minimum of 5 years’ experience in (re)insurance broking or underwriting.
• Strong existing relationships with brokers and clients.

Responsibilities

• Assist in underwriting the cyber portfolio and support multiple lines of bespoke & specialty business.
• Participate in the underwriting process, evaluation, and presentation of opportunities.
• Originate and maintain broker and client relationships.

Skills

Commercial insurance knowledge

Analytical skills

Negotiation

Relationship management

Team collaboration

Education

Bachelor’s Degree or equivalent

Tools

MS Office

Job description

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Recruitment Business Partner at The Fidelis Partnership (UK, Dublin & Bermuda)

About us

The Fidelis Partnership is a leading specialty, bespoke and (re)insurance business. We have built our name on a 40-year track record of outperformance, and we continue to beat the market in our underwriting and returns. More information on The Fidelis Partnership can be found at www.fidelispartnership.com

The Company currently writes lines of business including; specialty insurance: aviation & aerospace, energy, marine, property, terror & political violence, contingency and other specialty lines; reinsurance: property reinsurance, property retrocession, specialty reinsurance, whole account/multi-class and bespoke.

Role Overview

Reporting to the Head of Asset Backed Finance & Portfolio Credit Underwriting, the primary purpose of the role is to assist in underwriting our growing cyber portfolio of business. Additionally, you will support on multiple lines of Bespoke & Specialty business. This could be treaties, fac or binder or lineslip opportunities. Insurance, reinsurance or retro.

Role Responsibilities

• Participate in the underwriting process, triage, evaluation, and presentation of opportunities, analyzing and interpreting exposures, determining coverage and appropriate contract language with our Wordings team.
• Assist and work with Actuarial team with their risk modeling and pricing the deals.
• Originate, leverage, build and maintain broker and client relationships.
• Monitor market developments and remain current regarding knowledge of relevant classes of business and associated legislation and regulatory changes / requirements.
• Ensure accuracy and integrity of underwriting data in TFP underwriting systems.
• Assist with the preparation and issue of NBIs, line-slips, binders and treaties on an accurate and timely basis.
• Expand our existing portfolio of business by developing existing relationships and new prospective clients through visits, entertainment and conferences as appropriate.
• Share with the supervising and/or mentoring of junior members of the TFP team.
• Ensure compliance with internal and external underwriting regulations, liaising as appropriate with external bodies such as brokers, clients, auditors, and regulators as required.
• Assist with strategic initiatives as needed to promote business growth.

Skills & Experience

• Bachelor’s Degree or equivalent and progress towards ACII or other relevant commercial insurance industry designations.
• Minimum of 5 years’ in a (re)insurance broking or underwriting capacity
• Previous London Insurance Market experience highly desirable.
• Team player with the ability to work flexibly to meet business needs as required.
• Good knowledge of commercial insurance, reinsurance and regulatory requirements.
• Established (re)insurance networks and strong existing relationships with brokers and clients, and ability to independently manage meetings.
• Proficient understanding of the international underwriting marketplace.
• Excellent analytical skills, with a working knowledge of and ability to interpret the outputs of pricing models, and the statistical skills necessary to perform analyses on first principles.
• Proven negotiator, with demonstrated ability to attract new business and retain clients.
• Basic competency in MS Office applications: Word, Outlook, Excel and PowerPoint required.
• Excellent written and oral communication skills when dealing with key stake holders internally and externally.
• Strong interpersonal skills in order to work effectively and professionally with diverse groups.

The Fidelis Partnership Ethos

Our culture is defined by our ethos. It is the foundation of who we are and the core of everything we do.

• Results – We want to be the best at the things we care about, so we focus on profitability over volume, with responsive decision-making and clear prioritised accountability.
• Innovate – We aspire to lead the market in providing the services and products our clients need, and to drive change in the broader impact our industry has on human rights, society, and environmental sustainability.
• Include – We create an environment where employees can bring their whole self to work, with open communication where everyone, irrespective of gender, ethnicity, sexual orientation or background, feels able to contribute ideas and be recognised and rewarded for their contribution
• Unite – We operate as team of individual talents that actively seeks to reflect the diversity of the societies in which we operate, giving our business the widest range of inputs and perspectives.
• Respond – We work in a business exposed to sudden shocks and changes – elemental, political, economic and human – so we remain nimble and ready for change.

Diversity, Equality & Inclusion

Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We want to create an environment where all employees, regardless of who they are, are given equal opportunities for career progression and enjoy fair reward from their and The Fidelis Partnership successes. This will be driven by a workforce that embraces Diversity and Inclusion at every level, in every department across The Fidelis Partnership.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Business Development

• Industries

  Insurance

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