Senior Cyber Underwriter Munich Re F&c, London - Great Lakes Insurance SE

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Description
Senior Cyber Underwriter Munich Re F&C, London


Company
Great Lakes Insurance SE

Location
London, United Kingdom

Job Title:
Senior Cyber Underwriter Munich Re F&C

  • Together, we engage with everything we have and are, to help humankind act braver and better._

About Great Lakes Insurance SE:


  • As specialty provider of primary insurance services in the UK, Great Lakes Insurance SE, UK Branch is a substantial part of our parent, Great Lakes Insurance SE in Munich. Our interlocked business model is to seize opportunities closely connected to the reinsurance core business and innovation opportunities, in our role as an integral part of the Munich Re Group. Great Lakes Insurance SE currently operates from its Head Quarter in Munich, and via branch offices in UK, Switzerland, Italy and Australia._
  • In the UK, Great Lakes is currently undergoing the authorisation process from the Prudential Regulatory Authority and Financial Conduct Authority for a Third Country Branch and a Subsidiary. These two entities will secure our future in the primary insurance service market in a postBrexit world, by enabling us to continue writing our existing business._
  • It is an exciting time to join our growing and evolving organisation, help us shape the future of primary insurance service provision_

About the role:


Underwriting of Cyber Insurance business for large and/or complex industrial accounts in accordance with Munich Re guidelines and the Cyber Solutions London Market strategy, including assisting with risk assessment and analysis, coverage evaluation, pricing and contract negotiations and account administration.


Key Responsibilities:


  • Acquiring and underwriting cyber and technology insurance risks for large industrial and corporate clients, including all tasks associated with risk and coverage analysis such as pricing and contract negotiations, in line with Munich Re guideline
  • Active contribution to and maintenance of the execution F&C Cyber Strategy in the London market on a working level by further developing a portfolio of profitable cyberrelated business and seizing new business opportunities
  • Acting as key contact to key broking relationships, actively managing broker and client relationships
  • Developing team members to advance their cyber underwriting expertise (Cyber Security and wording expertise) and meet organisational goals
  • Attending client and marketwide cyber meetings, and discussing and evaluating clients' individual cyber exposure
  • Promoting F&C and Munich Re's cyber capabilities in client and broker meetings, conferences and market events and establishing Munich Re as a reliable, responsible and knowledgeable partner
  • Collaborating with other F&C Cyber teams in Munich and the US to contribute to and execute the single global F&C Cyber Solution strategy
  • Working within a closeknit network of cyber experts in Munich Re and participating in challenging global projects with other Cyber teams and central interfaces

Competencies:

Directs work_ You provide direction and delegate to others, empowering and trusting others to get the work done. _


Ensures accountability_ You hold yourself and others accountable to take responsibility and meet commitments, creating a culture where people own their decisions and actions.

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Strategic mindset_ You look, plan and move into the future with clear intentions and purposeful actions, and make decisions today that will lead the business towards its future objectives.

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Managing complexity_ You make sense of complex and sometimes contradictory information to effectively solve problems, learning and sharing along the way.

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Being resilient_ Setbacks are unavoidable, however you recover quickly, learn and move forward with courage and commitment. _


Develops talent_ You develop the team to meet both their career goals and organisational goals, promoting a diverse and inclusive workforce.

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Key Skills & Experience:


  • Ability to build and maintain relationships with clients, brokers and internal stakeholders
  • Excellent written and oral communication skills, including presentation skills
  • Excellent negotiation and relationship skills
  • Experience in senior role including team development, collaborative and team minded work attitude, ability to work in team and independently
  • Strategic mindset that promotes and contributes to the future development of the book and position in the market
  • Ability to make decisions based on logic, risk and commercial aspects, solution based work approach, accountability
  • High level of commitment and ability to work under pressure, accuracy and Diligence
  • High degree of selfmotivation and willingness to learn

Qualifications and Educational Requirements:


  • University degree in IT security or computer sciences, other technical degree or university degree, economics, law, or other, ITsecurity certifications, e.g. CISSP, or similar
  • Alternatively several years of experience in the Londo

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