Cyber Liability Underwriter
Property & Casualty Insurance Industry
Morris County, NJ
Analyze and review the cyber security & privacy controls posture of new business clients in order to determine their eligibility for the book of business.
Determines proper insurance program including layer attachment, terms, conditions, pricing and alternatively decline or non-renewal of coverage.
Servicing of existing and / or new accounts, including quote letter, binders, policy & endorsement issuance. Achieves aggressive production and loss ratio goals by analyzing complex premium and loss results for assigned territory by line of business through sound marketing.
Promotes company products and programs. Monitors industry trends to stay well-informed of new products, distribution systems, trends and competitor offerings.
Establishes and maintains effective relationships with brokers in order to generate profitable premium dollars. Accompanies other underwriters to broker offices as required for marketing visits.
Frequently entertains brokers to market services and ensure strong relationship to write business.
Undergraduate studies with focus in finance, accounting, economics, IT, cyber security, and / or risk management. Degree preferred.
Three or more year’s related experience as cyber and / or technology E&O underwriting assistant, underwriting associate, underwriter, broker assistant, broker, or other related insurance position.
Will also consider those with the same experience in specialty financial or professional liability lines of business. Previous work with wholesale brokerages also helpful.
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