Cyber Underwriting Manager

Posted 3 Days Ago
Be an Early Applicant
Los Angeles, CA
175K-200K Annually
Senior level
Insurance
The Role
The Cyber Underwriting Manager will manage a profitable portfolio focused on Cyber Liability and Technology Errors & Omissions coverage. Responsibilities include developing broker relationships, underwriting processes, negotiating contracts, and ensuring compliance while providing exceptional customer service.
Summary Generated by Built In

Title:

Cyber Underwriting Manager

Company:

Everest Insurance Company

Job Category:

Underwriting

Job Description:

About Everest

Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Europe, Bermuda, Canada, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people. 

At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including:

Generous tuition/continuing education reimbursement

Mentoring opportunities

Flexible work arrangements

Talent development initiatives

Networking groups

About the Role:

Everest National Insurance Company is seeking an Underwriting Manager to join our Cyber Liability group.

Responsibilities include but not limited to:

  • Growing and managing a portfolio of profitable business focused on providing Cyber Liability & Technology Errors & Omissions coverage.
  • Developing and cultivating new and existing broker and customer relationships in assigned zonal region.
  • Working with brokers and clients to create customized insurance solutions.
  • Perform all aspects of the underwriting process and due diligence including review and analysis of underwriting documents, third party vendor reports, current trends and individual risk factors.
  • Negotiate deal terms and contract language.
  • Source new business opportunities through a strong broker and client network.
  • Collaborating with other related financial lines segments along with regional colleagues and internal/external business associates.
  • Provide exceptional broker and customer service pursuant to industry leading guidelines.
  • Strong adherence to internal and external compliance as well as file documentation.
  • Collaborate with underwriting, claims, operations, marketing, and home office to achieve collective team goals.

Qualifications, Education & Experience:

  • Bachelor’s Degree in business, finance or economics with 5+ years or more of business or underwriting experience. Cyber underwriting experience preferred but not required.
  • Strong leadership, management and training skills.
  • Excellent analytical skills with a working knowledge of financial statement analysis.
  • Strong interpersonal skills including strong verbal and written communication skills.
  • Effective negotiation skills with the ability to find “win/win” solutions.
  • Ability to stay organized in a fast paced and high intensity work environment with the ability to effectively prioritize tasks.
  • Willing to take initiative, function independently and be entrepreneurial all with the highest standards of ethics and professionalism.
  • Strong attention to detail.
  • Commitment to customer service as a differentiator.

Knowledge, Skills & Competencies: 

A successful candidate will be:

  • Smart and flexible, with excellent analytical, strategic and negotiation skills.
  • Results oriented with the ability to manage multiple projects and deals simultaneously.
  • Comfortable with analyzing cyber & technology exposures across multiple industry segments.
  • A strong individual as well as a team player, capable of building effective internal and external relationships through appealing personal skills

Our Culture 

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.   

  • Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.  

  • Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.  

 

For CA only: The base salary range for this position is $175,000 - $200,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location.

 

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.  

#LI-Hybrid

#LI-AS1

Type:

Regular

Time Type:

Full time

Primary Location:

Los Angeles, CA

Additional Locations:

Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at [email protected].

Everest U.S. Privacy Notice | Everest (everestglobal.com)

The Company
HQ: Warren, NJ
3,485 Employees
On-site Workplace
Year Founded: 1973

What We Do

Everest Group, Ltd. (“Everest”) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest is in over 100 countries across 6 continents. We provide the world with protection, we underwrite more than risk, we underwrite opportunity.

Everest Group, Ltd. is listed on the New York Stock Exchange (NYSE: EG) and is a component of the S&P 500 index.

FINANCIAL STRENGTH RATINGS
A+ by A.M. Best
A+ by S&P
A1 by Moody's

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