Remote Insurance Underwriter (Cyber Liability)

Our client is seeking a specialized and highly motivated Remote Insurance Underwriter with expertise in Cyber Liability to join their cutting-edge team. This is a fully remote position, offering the opportunity to work from anywhere within South Africa. You will be responsible for evaluating and selecting risks associated with cyber threats for a diverse range of businesses, determining appropriate coverage terms, and ensuring the profitability of the cyber insurance portfolio. The ideal candidate possesses a deep understanding of cybersecurity risks, a sharp analytical mind, and exceptional decision-making abilities in a dynamic digital landscape. This role is crucial for expanding our client's footprint in the rapidly growing cyber insurance market.

Key Responsibilities

• Assess and underwrite complex cyber liability insurance applications, evaluating technological and operational risks.
• Develop and refine underwriting guidelines specific to cyber risks and emerging threats.
• Set competitive yet profitable premium rates and policy terms for cyber insurance coverage.
• Collaborate with brokers and clients to understand their cyber risk exposure and provide tailored solutions.
• Stay current with the evolving landscape of cyber threats, data privacy regulations, and cybersecurity best practices.
• Monitor the performance of the cyber insurance portfolio and recommend strategic adjustments.

Requirements

• Minimum of 5 years of experience in insurance underwriting, with a significant focus on cyber liability or technology E&O.
• Strong understanding of cybersecurity principles, common threats, and risk mitigation techniques.
• Proven ability to analyze technical information and translate it into underwriting decisions.
• Excellent analytical, problem-solving, and decision-making skills.
• Proficiency in risk assessment tools and methodologies relevant to cyber insurance.
• Exceptional communication and negotiation skills, with the ability to work independently.

Benefits

• A highly competitive salary package with performance-based bonuses.
• Comprehensive medical, retirement, and life insurance benefits.
• Generous allowance for home office setup and professional development.
• Fully remote work arrangement, offering unparalleled flexibility and work-life balance.
• Opportunity to work at the forefront of the rapidly expanding cyber insurance market.