Job Description

The main responsibility of the Cyber Underwriter - Asia is to manage the stand-alone Cyber book of business written in those countries. You will play a key role in the alignment of the Cyber risk underwriting strategies for our Underwriting teams, making sure that the Cyber book is consistent and profitable.

The responsibilities are further detailed below:

1. Portfolio Management

The Cyber Underwriter - Asia:

• will make sure that our approach in those territories is consistent with our global strategy
• in conjunction with the Financial Lines Managers, Cyber Relay and the Cyber Team, will formulate, implement and monitor local Cyber risks strategies
• will supervise technical, legal and commercial aspects regarding the development of our Cyber book in those territories
• will play a key role in providing continued training and information sharing with regards Cyber insurance
• will make sure the UW philosophy for Cyber insurance is clearly communicated internally and externally
• as a member of the underwriting team, the Cyber Underwriter - Asia will actively participate in the development of the book of business by using her/his brokers' relationships, local market expertise and language skills, taking into account B-Global and B-Smart procedures when and where applicable
• will build productive relationships with assigned field offices and business partners.

2. Underwriting Authority

The Cyber Underwriter - Asia will be part of the Cyber Risks Committee and will act as a referral authority for certain risk segments. He/she will be involved in underwriting decisions depending on the class of business/territory/limit, of liability/risk, and of exposure/claims experience (risk segments).

3. Underwriting & Reporting

The Cyber Underwriter - Asia will assist the Cyber Senior Underwriter - Northern EMEA and Asia in managing the overall Cyber portfolio and in providing management information to the Management Team for this line of business, as specified in more details below:

• perform an annual regional book analysis
• develop and enhance underwriting and risk management philosophies, underwriting tools and underwriting procedures according to the needs of the company.

More specifically the Cyber Underwriter - Asia will:

• report monthly: Cyber trends, wins and losses
• report on an annual basis on the progress made in the implementation of the Cyber local strategies in the main markets covered by the underwriting teams in Barcelona
• contribute to the annual business plans by ensuring that the company's Cyber appetite is adequately integrated in the local business plans

4. Product/Project Management

The Cyber Underwriter - Asia will be involved in specific research or product development projects that can contribute to the development and/or enhancement of new and/or existing products and market entries.

5. Relationship Management

As part of relationship management of the company the Cyber Underwriter - Asia will:

• maintain and develop relationships with key brokers, in conjunction with the Financial Lines Manager
• provide guidance, leadership and motivation to underwriters
• encourage underwriting discussion and stimulate communication between our different teams
• provide leadership to teams when in charge of a specific project
• develop a sound understanding of all products, services and solutions offered within company's Financial Lines division
• promote the company by participating in specialized forums and conferences.

Requirements:

• Experience: 3 to 5 years of insurance experience, preferably with an emphasis in underwriting along with a minimum of three years specific Cyber experience
• Technical Competencies: experienced Cyber insurance specialist with a fast ability to learn, understand and explain complex technological processes surrounding internet security and data protection. The candidate will have the technical know-how to build the company's cyber capabilities and develop the talent for the future business and organizational requirements
• Leadership. The candidate will be recognized for having the intellectual gravitas and innovative yet pragmatic entrepreneurial spirit to inspire and engage a high-level staff of exceptionally talented underwriters and product experts. The ability to embrace an idea meritocracy and to think clearly and quantitatively at a high level is critical to this role
• Fluent in English. Any other language would be an asset
• (MSc or MBA) Degree in Business Administration, Economics or Law
• Superior ability to work in a fast-paced environment, handle multiple tasks, and meet tight deadlines
• Stress resistant
• Well-spoken with strong communication and negotiation skills
• Self-motivated and eager to learn
• Willingness to travel
• Based in Singapore: Singaporean or PR holder
• Above all: an influential team player.

Get similar jobs like these by email

If you are a human, ignore this field

Create alert

By submitting your details you agree to our

Share this Job