Cyber Underwriter

Cyber Underwriter Would you like to help build a market-leading Cyber underwriting business? We are recruiting an underwriter to grow the MGA’s portfolio of cyber business, with the aim of producing pioneering client solutions and a sustainably profitable portfolio for our carrier partners. The MGA targets mid-market clients who are domiciled around the world. This is a pivotal initiative for Aon, with sponsorship from the highest level and will benefit from being able to draw on Aon’s extensive Cyber Solutions capabilities, broking and client knowledge, actuarial and exposure management teams as well as the opportunity to develop other proprietary tools. This is a hybrid role with the flexibility to work from our London office and virtually Aon is in the business of better decisions At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed. What the day will look like As a cyber underwriter your responsibilities will include; Help establish a market leading cyber insurance proposition Be able to understand and consistently apply the team’s cyber underwriting approach Operate within delegated authority limits Generate new business opportunities by building relationships with the wider global Aon broking teams, while ensuring the team maintains acceptable service levels Develop good working relationships with AUM’s capacity providers to ensure seamless referral processes Monitor the competitiveness of product in terms of price and scope of cover Ensure risk data is accurately recorded and reported Provide input to the development and marketing of the cyber MGA’s products, while utilising the strength of Aon’s world class cyber capabilities in placement, risk management and response Responsible for working in accordance with the Aon UK Limited Risk Management Framework How this opportunity is different The Cyber MGA is part of Aon’s UK based MGA business unit which trades as Aon Underwriting Managers (AUM). AUM is one of the largest organically grown multiline MGAs in the UK, focussing on writing specialty and P&C business on behalf of Lloyd’s and Company market capital partners. AUM has ambitious growth plans which benefit from being able to draw on Aon’s united and collaborative approach to providing the best client solutions. The international nature of this initiative gives the chosen underwriter the opportunity to work with Aon teams and clients around the globe. In addition, as you will be joining the Cyber MGA early on, there will be several opportunities for progression and career growth. Skills and experience that will lead to success Proven experience within underwriting, with experience in cyber or related classes Good understanding of cyber risks business’ face Demonstratable ability to manage multiple internal stakeholders Knowledge of MGA business including Delegated Authority management, Lloyd’s and Company markets Strong cultural awareness and experience working with or in multiple jurisdictions is an added plus Able to establish excellent working relationships with brokers and insurers Knowledge of how to profitably grow a book of insurance business Entrepreneurial attitude and self-starter #LI-SS2 2578997 Cyber Underwriter Would you like to help build a market-leading Cyber underwriting business? We are recruiting an underwriter to grow the MGA’s portfolio of cyber business, with the aim of producing pioneering client solutions and a sustainably profitable portfolio for our carrier partners. The MGA targets mid-market clients who are domiciled around the world. This is a pivotal initiative for Aon, with sponsorship from the highest level and will benefit from being able to draw on Aon’s extensive Cyber Solutions capabilities, broking and client knowledge, actuarial and exposure management teams as well as the opportunity to develop other proprietary tools. This is a hybrid role with the flexibility to work from our London office and virtually Aon is in the business of better decisions At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed. What the day will look like As a cyber underwriter your responsibilities will include; Help establish a market leading cyber insurance proposition Be able to understand and consistently apply the team’s cyber underwriting approach Operate within delegated authority limits Generate new business opportunities by building relationships with the wider global Aon broking teams, while ensuring the team maintains acceptable service levels Develop good working relationships with AUM’s capacity providers to ensure seamless referral processes Monitor the competitiveness of product in terms of price and scope of cover Ensure risk data is accurately recorded and reported Provide input to the development and marketing of the cyber MGA’s products, while utilising the strength of Aon’s world class cyber capabilities in placement, risk management and response Responsible for working in accordance with the Aon UK Limited Risk Management Framework How this opportunity is different The Cyber MGA is part of Aon’s UK based MGA business unit which trades as Aon Underwriting Managers (AUM). AUM is one of the largest organically grown multiline MGAs in the UK, focussing on writing specialty and P&C business on behalf of Lloyd’s and Company market capital partners. AUM has ambitious growth plans which benefit from being able to draw on Aon’s united and collaborative approach to providing the best client solutions. The international nature of this initiative gives the chosen underwriter the opportunity to work with Aon teams and clients around the globe. In addition, as you will be joining the Cyber MGA early on, there will be several opportunities for progression and career growth. Skills and experience that will lead to success Proven experience within underwriting, with experience in cyber or related classes Good understanding of cyber risks business’ face Demonstratable ability to manage multiple internal stakeholders Knowledge of MGA business including Delegated Authority management, Lloyd’s and Company markets Strong cultural awareness and experience working with or in multiple jurisdictions is an added plus Able to establish excellent working relationships with brokers and insurers Knowledge of how to profitably grow a book of insurance business Entrepreneurial attitude and self-starter #LI-SS2