Underwriter - Cyber

Reporting to the Head of Casualty, the Underwriter – Cyber is responsible for underwriting and managing Cyber reinsurance business within delegated authority, contributing to portfolio performance, development and delivery of the Casualty business plan. The role applies specialist Cyber market knowledge and underwriting judgement to risk selection, pricing, structuring and exposure management while supporting the continued development and growth of the Cyber portfolio.

Duties and responsibilities

• Underwrite new and existing Cyber reinsurance business within delegated authority, underwriting guidelines and risk appetite, assessing risks and determining appropriate pricing, terms, conditions and structures.
• Manage and monitor Cyber business throughout the underwriting lifecycle, considering changes in risk profile, claims developments, portfolio performance and market conditions.
• Develop and maintain strong relationships with brokers, clients and other market participants to identify and develop new business opportunities, support retention and strengthen the Cyber portfolio.
• Maintain awareness of market developments, competitor activity and emerging Cyber risks, contributing to business planning and broader Casualty business opportunities.
• Apply appropriate pricing methodologies and tools, assessing the strengths, limitations and outputs of actuarial pricing approaches to support underwriting decisions.
• Ensure Cyber exposures are controlled within established parameters, with exposure information accurately recorded in accordance with internal procedures.
• Support the Head of Casualty and Head of Underwriting Exposure Management in the development and implementation of Cyber modelling and exposure management approaches.
• Support the Head of Casualty and Head of Ceded in the development and implementation of an outward reinsurance strategy reflective of Cyber exposures and supporting sustainable, profitable growth.
• Collaborate with Actuarial, Exposure Management, Claims and other relevant functions on pricing, risk and portfolio management, while contributing to projects and cross-functional initiatives.
• Contribute to the continual improvement of the Casualty underwriting team, maintaining appropriate underwriting governance and supporting the development of less experienced colleagues.

Qualifications and experience

• Bachelor’s degree or equivalent relevant experience.
• Professional industry qualification, or progress towards a relevant designation such as ARe, CPCU or ACII, preferred.
• Minimum of seven years’ relevant insurance or reinsurance experience, with significant experience in Cyber underwriting.
• Strong knowledge of global Cyber insurance and reinsurance markets, including regional differences in pricing, modelling, contract coverage and reinsured perils.
• Demonstrated Cyber underwriting capability, including risk selection, pricing, structuring, exposure management and portfolio management.
• Strong understanding of Cyber risks, including relevant exposures, accumulation considerations and emerging risk trends.
• Working knowledge of actuarial pricing methodologies, including their strengths and limitations in the assessment of Casualty risks, specifically Cyber.
• Good knowledge of pricing methodologies, risk structuring and portfolio aggregation monitoring within Cyber reinsurance.
• Experience developing and maintaining strong relationships with brokers, clients and other market participants.
• Knowledge of Cyber modelling and exposure management approaches, reinsurance workflows, including treaty and claims processes, and relevant underwriting systems.
• Strong analytical capability, attention to detail and sound underwriting judgement, with the ability to balance risk and reward in decision-making.
• Strong communication, presentation, interpersonal and stakeholder management skills, with the ability to influence outcomes constructively.
• Strong organisational and prioritisation skills, with the ability to manage competing demands, changing priorities and multiple deadlines.
• Ability to exercise initiative, take ownership and make effective decisions within delegated authority.

Application Deadline: 30 October 2026

Conduit Services Limited is an Equal Opportunity Employer. We offer an attractive and competitive compensation package.  All applications are handled with strict confidentiality and personal data is used in accordance with our Privacy notice which Is available on our website.