Munich Re

Cyber Underwriter - West Coast (Remote)

Munich Re$84K — $124K *
US-AnywhereRemote in Hartford, CT
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Risk Management, Marketing, Computer Science, Engineering, or related field, or equivalent experience
  • Three or more years in the insurance and/or reinsurance industry
  • One or more years of cyber liability underwriting experience preferred
  • Experience in commercial underwriting and/or insurance marketing
  • Familiarity with Cyber, Technology E&O, or Management Liability preferred
  • IT or cybersecurity-related experience preferred
  • CPCU, RPLU, or relevant insurance designation preferred

Responsibilities

  • Underwrite new business and renewals for Cyber and Technology E&O risks
  • Quote, rate, bind, and issue insurance policies
  • Support execution of short- and long-term underwriting objectives
  • Monitor and recommend improvements to underwriting processes
  • Provide market insights and suggest coverage or rate changes
  • Collaborate to implement product and pricing updates
  • Manage marketing efforts for cyber-related client activities

Benefits

  • Health insurance coverage
  • Employee wellness program
  • Life and disability insurance
  • Retirement savings plan
  • Paid holidays and paid time off (PTO)
Full Job Description
About the role

The Cyber & Technology Risk Underwriter I is responsible for underwriting transactional Cyber and Technology Errors & Omissions risks while supporting the growth and profitability of the cyber portfolio. This role partners closely with agents, brokers, and internal business development teams to expand the book of business, provide market insight in a rapidly evolving segment, and support product, coverage, and rate initiatives. The position also plays a key role in supporting alternative distribution channels and strategic partnerships.

Key Responsibilities
  • Underwrite new business, renewals, and endorsements for Cyber and Technology E&O risks
  • Quote, rate, bind, and issue policies, including interim policy changes throughout the policy lifecycle
  • Support execution of short- and long-term underwriting and portfolio objectives
  • Monitor, evaluate, and recommend improvements to underwriting processes for direct cyber products and MGA partnerships
  • Provide market insight and recommend coverage or rate changes based on evolving cyber risk trends
  • Collaborate internally to implement product, coverage, and pricing updates
  • Manage marketing efforts and track cyber-related client management activities
  • Partner with internal business development teams and external agents to drive new business
  • Meet with internal stakeholders and external partners to educate and train on cyber products
  • Ensure audit compliance and adherence to underwriting guidelines, standards, and authority levels

Qualifications
  • Bachelor's degree in Risk Management, Marketing, Computer Science, Engineering, or a related discipline, or equivalent work experience
  • Three or more years of experience in the insurance and/or reinsurance industry
  • One or more years of cyber liability underwriting experience preferred
  • Experience in commercial underwriting and/or insurance marketing
  • Experience in Cyber, Technology E&O, or Management Liability (carrier or consulting environment preferred)
  • IT or cybersecurity-related experience preferred
  • CPCU, RPLU, or other relevant insurance designation preferred

Knowledge & Skills
  • Strong analytical and problem-solving abilities
  • Excellent organizational and time-management skills
  • Strong interpersonal and relationship-building capabilities
  • Ability to collaborate effectively across teams and stakeholders
  • Solid understanding of insurance concepts and underwriting principles
  • Strong verbal and written communication skills


This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.

The Company is open to considering candidates in numerous locations, including California. The salary ranged posted below applies to the Company's Hartford, CT location.
• The salary range for this position is $ 84,500 - $124,000, plus opportunity for company bonus. In addition, the company provides a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, a retirement savings plan, paid holidays and paid time off (PTO).
• The salary estimate displayed represents the typical salary range of candidates hired. Factors that may be used to determine your actual salary may include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range

About Munich Re

Munich Re is a leading global provider of reinsurance, primary insurance and insurance-related risk solutions. The company is headquartered in Munich, Germany. Munich Re operates in all lines of insurance and has a presence in all major markets worldwide. Munich Re's business model is based on the combination of primary insurance and reinsurance under one roof. The company has three business segments: reinsurance, primary insurance, and Munich Health. Munich Re's global premium income amounted to ?54.5 billion in 2020.
Learn more about Munich Re
Size
41,000 employees
Industry

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