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Attractive salary (Neg) plus market-leading bonus
RJ-3161
This is arguably the most exciting insurance company in the market right now.
Currently enjoying 20% year on year growth, and with plans to double in size over the next 5 years, this organisation is investing heavily in the growth of its broker distribution arm.
“Nationally, and internationally, this is an all-eyes-on project. The launch of our Cyber Division is the highest profile development in this business at present – these are crucial positions and your successes will be visible to the Board on both sides of the Atlantic”, so says the Director of this specialist insurer.
The UK SME Cyber market presents a compelling proposition for any dynamic insurer that is able to react quickly to changes in this fast-paced niche. The SME Cyber market currently delivers circa £300M in gross written premiums across the UK, and is anticipated to grow 15% annually over each of the next five years. As such, the creation of a standalone UK SME proposition represents a significant profitable growth initiative for this insurer’s UK Broker Channel Unit (already its largest and fastest growing Division).
This new operating model comprises a dedicated Cyber team (comprising some of the most gifted Underwriters in the niche), supported by a scalable digital trading capability.
Aston Charles is delighted to have been retained to assist in the appointment of several Development Underwriters. These are home-based roles, and you can reside anywhere in the UK – although you will need to regularly engage with an allocated panel of brokers in person and occasionally visit a local office. We welcome applications from experienced Cyber Development Underwriters, as well as Cyber Underwriters seeking a more broker-facing position, and DU’s from related insurance disciplines who can demonstrate a passion for Cyber.
In this role, you will support the development plan for a specific panel of brokers, working closely with the Head of Trading, Head of Cyber, and Broker Development Director to achieve strategic aims and income goals outlined in the Cyber financial plan.
You will be responsible for developing and maintaining strong broker relationships and providing excellent service to all stakeholders.
You will also be personally responsible for writing (often complex) Cyber business, in line with your authority level and within the business’s risk appetite.
You must have a strong track record of building broker relationships and developing a pipeline of business. You should demonstrate enthusiasm for engaging with brokers and an ability to persuade them of the benefits of this exciting new product.
Joining this Division pre-launch in such a high-profile position offers significant opportunities for progression.
You will benefit from a highly competitive basic salary, plus a 25% bonus (paid quarterly), and a comprehensive range of benefits.
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General Insurance and Financial Services Recruitment
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