Senior Underwriter - Cyber

Münchener Rückversicherungs-Gesellschaft; Manchester; On-site; GBP 45,000 - 65,000; Full time

Job summary

A leading insurance company based in Manchester is seeking a professional to manage and develop their cyber product line. The role involves providing underwriting support, contributing to product strategy, and monitoring market developments. Ideal candidates should possess a professional insurance qualification and strong analytical skills, as well as knowledge of the cyber market. The position fosters collaboration and innovation in a diverse work environment.

Responsibilities

• Act as a key underwriting referral point with technical guidance.
• Support business development in shaping new opportunities.
• Assist in product strategy and innovation delivery.
• Contribute to technical training initiatives for underwriting teams.
• Monitor cyber and IT market developments and emerging risks.

Skills

Financial Analytical skills

Presentation skills

Standard Microsoft Office packages

Class of business expertise

Knowledge of cyber market trends

Education

Professional Insurance Qualification

Tools

Sharepoint

Job description

Job Purpose

To support in the active management and development of the cyber product line, with a focus on business development, underwriting support, and strategic execution. This role provides expert class-of-business leadership and acts as a key referral point for underwriting, helping drive profitable growth and product innovation.

Your Role

Key Responsibilities

• Act as a key underwriting referral point, providing technical guidance and decision support
• Collaborate closely with business development to assess and shape new opportunities as well as supporting companywide initiatives through collaboration with product governance and other internal teams
• Assist the Product Leader in delivering product strategy and innovation
• Support the development and maintenance of policy wordings, underwriting guides, and pricing tools
• Lead or contribute to technical training initiatives for underwriting teams
• Monitor cyber and IT market developments, emerging risks, and regulatory changes
• Produce and maintain marketing literature aligned with product positioning
• Represent cyber products externally with brokers, clients, and market bodies as well as contribute to proactive communications and technical alerts on cyber events
• Contribute to the ongoing monitoring and refinement of products to maintain fair value and relevance in the market.
• Provide input into lifecycle planning and product interventions based on performance insights and market developments.

Your Profile & Skills

Essential

• Some knowledge of HSB’s product lines and processes
• Class of business expertise
• Financial Analytical skills
• Drafting of policy wordings and associated documentation
• Presentation skills
• Standard Microsoft Office packages
• A sound knowledge and interest on economic, geo-political environment and cyber market, events and trends

Desirable

• Sharepoint experience
• Coaching and mentoring skills
• Familiarity with regulatory frameworks

Qualifications and Educational Requirements

• Professional Insurance Qualification#

Key Attributes

• Tenacity and ability to challenge and influence
• Strong communicator, facilitator and presenter
• Collaborative
• Self-motivated
• Confident
• Resilient

At HSB, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.

All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.