Cyber Underwriter (Hybrid)

Are you passionate about the intersection of cybersecurity and risk management? Join our dynamic team as a Cyber Insurance Underwriter where you'll evaluate emerging digital risks, craft innovative coverage solutions, and help organizations navigate the complex cyber threat landscape. This is your opportunity to shape the future of cyber risk protection in our increasingly connected world.

About the Role

As a Cyber Insurance Underwriter, you'll be at the forefront of assessing and pricing digital risks in an ever-evolving threat landscape. You'll analyze potential clients' cybersecurity postures, determine appropriate coverage terms, and build relationships with brokers and clients while contributing to the growth and profitability of our cyber insurance portfolio.

Key Responsibilities

• Risk Assessment - Evaluate potential clients' cybersecurity controls, incident response capabilities, and overall cyber risk posture using both technical and non-technical methods
• Policy Underwriting - Determine appropriate coverage terms, conditions, limits, and pricing for cyber insurance policies based on risk assessment findings
• Relationship Management - Build and maintain productive relationships with brokers, clients, and internal stakeholders
• Portfolio Management - Contribute to the overall health and profitability of the cyber insurance portfolio in alignment with our risk appetite
• Market Analysis - Stay current on emerging cyber threats, regulatory changes, and industry trends to inform underwriting decisions
• Technical Review - Analyze security questionnaires, vulnerability scans, and other technical documentation to evaluate client security postures
• Claims Collaboration - Work with claims teams to understand loss patterns and incorporate insights into underwriting guidelines

About the Team

The Cyber Underwriting team is responsible for the profitable underwriting of cyber insurance accounts across our markets. We manage a diverse portfolio of cyber risks, carefully executing on our defined risk appetite and strategic objectives. Our team thrives on collaboration and innovation. You'll be part of a supportive environment where leadership is about empowering others and driving change. We value diverse perspectives and are committed to fostering an inclusive culture where everyone can thrive.

About You

You're an analytical thinker with excellent judgment and a passion for understanding both technical cybersecurity concepts and business risk management. You thrive in collaborative environments but can also work independently to make sound underwriting decisions. Your communication skills allow you to explain complex cyber concepts to diverse audiences, and you're committed to continuous learning in this rapidly evolving field.

We are looking for candidates who meet these requirements:

• Minimum of 2-3 years of experience in insurance underwriting, preferably in cyber
• Demonstrated understanding of cyber risk concepts, common attack vectors, and security controls
• Strong analytical skills with the ability to evaluate complex technical information and make sound risk decisions
• Excellent communication skills with the ability to explain technical concepts to non-technical stakeholders
• Bachelor's degree in a relevant field such as Risk Management, Computer Science, Information Security, or Business (or equivalent experience)

These are additional nice to haves:

• Professional certifications such as CPCU, ARM, CISSP, CISM, or other relevant credentials
• Experience with cyber insurance policy forms and coverage structures
• Knowledge of regulatory requirements related to data privacy and security (GDPR, CCPA, etc.)
• Experience with cyber risk quantification methodologies
• Background in IT security, network administration, or related technical fields
• Familiarity with cyber risk modeling tools and techniques
• Experience in broker relations or client-facing roles

Our company has a hybrid work model where the expectation is that you will be in the office three days per week.  This role is not eligible for either relocation assistance or visa sponsorship.

The estimated base salary range for this position is $120,000 to $192,000.  The specific salary offered for this, or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget.  At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.

About Swiss Re

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.
 

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