Head of Cyber Underwriting Management
New York, NY  / Chicago, IL  / Atlanta, GA  / Irvine, CA  / San Francisco, CA ...View All
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Job Description
Primary DetailsTime Type: Full time

Worker Type: Employee

The Opportunity

As part of the QBE global cyber leadership team, contribute to the development, build, communication and oversight of a globally consistent cyber strategy for product and underwriting, designed to move QBE into a position as a relevant global cyber market.

Primary Responsibilities

* Develop and maintain global product offering strategy
*Develop SME strategy to sit within larger global strategy and oversee the deployment into regions.
*Build out business plan in coordination with QBE Ventures and divisional leaders.
*Responsible for account escalations, product, appetite and guideline decisions which are outside of the divisional authority.
*Manage strategic relationships/partnerships, internally and externally, that will help drive QBE's cyber underwriting strategy, including cyber vendors such as data providers, scanning vendors, technical underwriting consultants.
*Support divisions in cyber MGA/MGUs and cyber TPAs relationship and program portfolios.
*Work with key internal and external partners to measure, monitor and manage cyber aggregation and CAT exposures;
*Contribute to reinsurance agreements, submission material, market meetings and reinsurer relationships;
*Manage the continuous improvement and enhancement of the global risk assessment framework used by all cyber underwriters globally;
*Oversee the continuous improvement of the global cyber pricing tool as the global representative from leadership team, in collaboration with pricing team;
*Ensure effective and efficient access to risk assessment, pricing and efficiency tools for underwriters in every region.
*Develop, implement and maintain a training academy for underwriters across the company working closely with divisional leads and including an onboarding program for new underwriters to assure a consistent experience across divisions for new cyber joiners.
*Develop and maintain ongoing training of underwriters and brokers on product offerings as well as market trends and controls updates.
*Manage global cyber secondees
*Manage thought leadership campaigns both externally and internally to assist QBE in elevating QBE's Cyber Brand, with a focus on being visible in the market as a subject matter expert.
*Manage wording and policy changes in line with developing trends and/or where needed to satisfy regulatory and external stakeholder requirements
*Develop a reporting mechanism to cascade trends and alerts to senior executives, claims teams, underwriting teams and clients in a proactive manner
*Lead development of a formal process for claims and underwriting collaboration and information sharing.

Required Education

* Bachelor's Degree or equivalent combination of education and work experience

Required Experience

* 10+ years relevant experience

Preferred Competencies/Skills

* Influence and collaborate with people at different levels within the global organization to
*accomplish a common goal
*Lead through influence; drive execution of plans
*Utilize subject matter expertise to make sound decisions
*Create and re-engineer processes to gain efficiency and effectiveness
*Excellent interpersonal and communication skills
*Excellent negotiation skills
*Ability to analyze and use data for decision making
*Use of risk profiling, pricing tools and loss models
*Excellent networking skills
*Commercial and technical acumen
*Ability to articulate a strategic vision
*Ability to understand industry trends and competitor strategies

Preferred Experience

* Extensive experience overseeing Cyber lines of business for a national or global organization
*Experience with change management
*Line of business transformation and improvement
*Senior management experience
*Experience of working across functional teams and in a matrix management
*Extensive experience within an appropriate underwriting discipline within the insurance industry
*Proven experience of interpreting business strategy and translating into functional / portfolio strategy
*Significant experience of managing relationships with internal stakeholders and business clients
*Strong track record of delivering business plan / financial results
*Use of risk profiling and pricing tools and loss models

Preferred Knowledge


* Advanced working knowledge of Cyber insurance underwriting and products
*Advanced working knowledge of complex state and federal regulatory requirements for multiple regions
*Advanced working knowledge of business and management principles involved in strategic
*planning, resource allocation, leadership technique and coordination of people and resources
*Advanced working knowledge of project management and continuous improvement methodologies
*Advanced working knowledge of market competition and complex insurance principles, trends, best practices
*Excellent understanding of class specific underwriting and reinsurance knowledge
*Strong knowledge of statutory/ regulatory regime
*High level of understanding of relevant market and influential factors
*Suitable understanding of financial and actuarial principles to assess risk

QBE Cultural DNA

We can never really predict what's around the corner, but at QBE we're asking the right questions to enable a more resilient future by helping those around us build strength and embrace change to their advantage.

We're an international insurer that's building momentum towards realizing our vision of becoming the most consistent and innovative risk partner.

And our people will be at the center of our success. We're proud to work together, and encourage each other to enable resilience for our customers, our environment, our economies and our communities.

With more than 12,000 people working across 27 countries, we're big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.

We believe this is our moment: What if it was yours too?

Your career at QBE - let's make it happen!




US Only - Travel Frequency

* Infrequent (approximately 1-4 trips annually)

US Only - Physical Demands

* General office jobs: Work is generally performed in an office environment in which there is not substantial exposure to adverse environmental conditions. Must have the ability to remain in a stationary position for extended periods of time. Must be able to operate basic office equipment including telephone, headset and computer. Incumbent must be able to lift basic office equipment up to 20 lbs.

US Only - Disclaimer

* To successfully perform this job, the individual must be able to perform each essential job responsibility satisfactorily. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential job responsibilities.

Job Type

* Manager

Global Disclaimer

* The duties listed in this job description do not limit the assignment of work. They are not to be construed as a complete list of the duties normally to be performed in the position or those occasionally assigned outside an employee's normal duties. Our Group Code of Ethics and Conduct addresses the responsibilities we all have at QBE to our company, to each other and to our customers, suppliers, communities and governments. It provides clear guidance to help us to make good judgement calls.

Compensation

Base pay offered will vary depending on, but not limited to education, experience, skills, geographic location and business needs

Annual Salary Range: $217,000-$325,000

AL, AR, AZ, CO (Remote), DE, FL, GA, IA, ID, IL (Remote), IN, KS, KY, LA, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NV, OH, OK, OR, PA, SC, SD, TN, TX (Remote, Plano), UT, VA, VT, WI, WV and WY
* * * * *

Annual Salary Range: $239,000 - $358,000

CA (Remote, Fresno, Irvine and Woodland), Greenwood Village CO, CT, Chicago IL, MA, MD, NY (Remote), RI, Houston TX and WA
* * * * *

Annual Salary Range: $271,000 - $406,000

San Francisco CA, NJ and New York City NY

Benefit Highlights

You are more than your work - and QBE is more than a workplace, which is why QBE provides you with the benefits, support and flexibility to help you concentrate on living your best life personally and professionally. Employees scheduled over 30 hours a week will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health.

We also offer a competitive 401(k) contribution and a paid-time off program. In addition, our paid-family and care-giver leaves are available to support our employees and their families. Regular full-time and part-time employees will also be eligible for QBE's annual discretionary bonus plan based on business and individual performance.

At QBE, we understand that exceptional employee benefits go beyond mere coverage and compensation. We recognize the importance of flexibility in the work environment to promote a healthy balance, and we are committed to facilitating personal and professional integration for our employees. That's why we offer the opportunity for hybrid work arrangements.

If this role necessitates a hybrid working model, candidates must be open to attending the office 8-12 days per month. This approach ensures a collaborative and supportive work environment where team members can come together to innovate and drive success.

How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.


Equal Employment Opportunity

The companies of QBE North America are committed to equal employment opportunities. All qualified applicants will receive consideration for employment without regard to age, disability, marital or parental status, national origin, citizenship, race, color, religion, sex, sexual orientation, or veteran status. All personal information contained in this application will be kept confidential as required by law.

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full or Part Time
Required Education
Bachelor's Degree
Required Experience
10+ years
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