Cyber Facultative Underwriter

Cyber Facultative Senior Underwriter

Seeking a highly skilled and experienced Cyber Facultative Senior Underwriter to join a growing cyber reinsurance team. This role is pivotal in underwriting complex facultative cyber reinsurance opportunities encompassing both domestic and multinational risks. The successful candidate will collaborate with brokers cedents actuaries claims professionals risk engineers and global underwriting teams to evaluate exposures negotiate terms and drive profitable growth across the cyber portfolio.

• Base Salary: $150000 - $175000

• Underwrite complex facultative cyber reinsurance risks ensuring profitability and adherence to underwriting guidelines.
• Evaluate exposures related to ransomware privacy liability network security business interruption technology errors & omissions (E&O) and emerging cyber threats.
• Develop and maintain strong relationships with brokers cedents and clients to support portfolio growth.
• Collaborate with internal teams including actuaries claims professionals and risk engineers to assess risks and develop tailored solutions.
• Negotiate terms conditions and pricing for facultative reinsurance contracts.
• Contribute to the development and execution of strategies to expand the cyber reinsurance portfolio.
• Stay informed on emerging cyber threats market trends and regulatory developments.
• Represent the organization at industry events and client meetings as needed.

• Bachelors degree required; advanced degrees or professional designations such as CPCU ARe CISSP or CISM are preferred.
• Minimum of 5 years of experience in commercial insurance specialty insurance or reinsurance underwriting.
• Significant expertise in cyber insurance and/or cyber reinsurance with a focus on facultative reinsurance business.
• In-depth understanding of cyber exposures including ransomware privacy liability network security business interruption technology E&O and emerging threats.
• Proven experience in pricing coverage analysis and contract negotiations.
• Strong analytical and risk assessment skills.
• Excellent communication presentation and negotiation abilities.
• Demonstrated ability to build and maintain broker cedent and client relationships.
• Familiarity with multinational cyber programs and global facultative reinsurance markets.
• Ability to work effectively in a collaborative global environment.
• Willingness to travel as required.
• Must be authorized to work in the United States.

#LI-JJ1