Senior Underwriter Cyber (m/f)

Whether it’s aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.

We are looking for a Senior Underwriter Cyber (m/f) based in London.

Your Team

At Allianz Commercial we specialise in offering Cyber insurance for the most complex and challenging exposures. With a focus on larger global risk portfolios and major national risks, we offer tailor made ‘All Risks’ property damage and business interruption insurance through our global network.

The Impact You Will Have

Reporting to the Head of Cyber Underwriting for the UK, you will work closely with clients and brokers to develop personalised solutions as well as developing new relationships. You will be responsible for underwriting profitable new and renewal business to meet Cyber targets regionally including global elements. Your responsibilities also include negotiating participation, pricing and terms & conditions, supporting the acquisition of new business and retaining existing business.

Some of your specific responsibilities could include:

1. Underwrite and evaluate Cyber exposures, contributing to the profitable growth of the book.
2. Actively drive involvement of functional areas in the Underwriting process, including Market Management, Risk Consulting, Claims, Operations etc.
3. Lead referrals from underwriters and re-underwrite complex business as appropriate.
4. Develop broker relationships and attend client meetings to market our offering and value proposition.

What You’ll Bring to the Role

• You have approximately 5+ years of experience underwriting profitable business in the Cyber segment of large corporate international insurance.
• Ideally you are CII qualified or equivalent or working towards it.
• You have recognised relationships with clients and brokers at peer group level and are well established within your reference market.
• You have a specialised understanding of regional / national Cyber insurance markets and the competitor landscape.
• You are able to negotiate effectively achieving the best outcome for your portfolio while maintaining positive business relationships with your clients and brokers.
• You are capable of leveraging data and analytics to make business more efficient and effective.
• You have a good understanding of the legal and regulatory framework.
• You can design, develop and implement consistent, robust wordings for contracts.

63428 | Underwriting | Professional | Allianz Commercial | Full-Time | Permanent

What’s in it for you?

Let’s care about everything that makes you, you

We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

Let’s care for your financial wellbeing

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

Let’s care for your opportunities to progress

From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Let’s care for life’s twists and turns

From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.

Let’s care for our society and our planet

With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

Care to join us?

Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.

Learn more about careers at Allianz Commercial by clicking here.

Learn more about Allianz Commercial by clicking here.

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our culture.

People with disabilities:
We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com.

Recruitment Agencies:
Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly.