Underwriter, Cyber

Underwriter, Cyber

• Meet individual underwriting expectations to help team achieve budgeted financial objectives.
• Underwrite within agreed decision-making standards, limitations, and underwriting authority
• Assess desirability of risk through analysis of financial reports and accounts (as required); regular contact with broker; thorough review of proposal; and review of claims history and general company information
• Use designated Underwriting system(s) to streamline underwriting and information-tracking approach across Profit Centre.
• Input required data consistently and accurately.
• Provide Management information including, but not limited to, submissions, bind rate, average premium, and total premium as required.
• Provide excellent service to brokers through consistent, timely, and proactive approach to underwriting
• Exhibit sales orientated behaviours, defined by Management as: motivated, tenacious, focused, technically skilled, proactive, and accountable
• Generate new business by building on existing relationships and expanding broker network, attending broker events, market meetings, client 1 to 1’s and building new relationships across the market
• Support and contribute to the Cyber & tech PI underwriting strategy within the UK regions portfolio.
• Maintain key renewal accounts at greater than 85% retention
• Ensure all brokers and clients are treated fairly
• Ensure contract certainty
• Conduct self-audit as required
• Ensure compliance with key regulatory and risk management responsibilities

• Underwriting experience is preferred.
• The ability to analyse financial statements.
• Strong communication, networking and relationship building skills.
• Good organizational and time management skills.
• Customer-centric approach
• Customer and Sales orientated behaviours: motivated, tenacious, focused, technically skilled, proactive, and accountable.

• Additional bonus opportunities are available
• 401k matching
• Health insurance
• Flight privileges

AIG is a market leader in Cyber Insurance. Our Cyber portfolio has experienced significant growth in the last 24 months in terms of both GWP and policy count. We see the continuation of that growth as a key long-term business objective and are seeking the right individual to play a critical role in contributing to both the retention and growth of our UK Cyber and Tech PI portfolio of business.