Senior Vice President, Cyber and Tech Underwriting

Position Summary

Tokio Marine HCC is seeking a Vice President, Cyber & Technology Underwriting to lead and manage underwriting activities within the Cyber and Technology portfolio.

Key Responsibilities

• Participate in the development of underwriting standards, appetite, guidelines, and objectives for Cyber and Technology products, and ensure they are consistently applied.
• Lead, coach, mentor, and develop a high-performing underwriting team.
• Manage underwriting workflow, referrals, authority usage, and quality review processes for the product area.
• Serve as a product expert for Cyber and Technology underwriting matters.
• Make recommendations for modifications to underwriting strategy, appetite, pricing approach, forms, and processes to support business continuity and profitable growth.
• Stay current on underwriting trends, emerging cyber and technology exposures, competitive activity, and market conditions.
• Partner with Claims, Legal, Actuarial, Product, Compliance, and other internal stakeholders to evaluate risk, manage portfolio issues, and support product development.
• Review claims activity and work with Claims and Counsel to identify trends, manage risk, and inform underwriting guidance.
• Communicate with domestic and international stakeholders as needed.
• Work with Legal on policy form, endorsement, language, intent, and filing-related matters.
• Support broker and client relationships as appropriate, including underwriting discussions, renewal strategy, and portfolio development.
• Provide leadership reporting, underwriting updates, and recommendations to senior management.
• Ensure underwriting practices align with company policies, procedures, business goals, and regulatory requirements.

Competencies

• Planning: Direct development of long-term plans for the designated underwriting area. Anticipate changes in market conditions, technology, and underwriting demand, and adjust strategy accordingly. Coordinate resources to ensure strategies are executed.
• Communication: Communicate direction, results, underwriting guidance, and portfolio strategy to all levels, internally and externally. Develop company policies and prepare internal and external reports. Present briefings and recommendations to obtain consensus and approval.
• Cost Management: Develop and manage budget accountability for one or more business units or corporate departments, as applicable. Set objectives, policies, and procedures for the area of responsibility.
• Business Controls and Policies: Comply with corporate policies and procedures. Create an environment that encourages development and implementation of effective business controls and underwriting policies. Allocate resources to ensure proper implementation, monitoring, and adherence to underwriting standards.
• People Management: Has full HR responsibility for direct reports, including hiring decisions, training, coordinating work, establishing standards, reviewing work, conducting performance appraisals, and providing coaching or counseling.

Position Knowledge, Skills, And Requirements

• Education: Minimum: Bachelor’s degree in Business, Risk Management, Insurance, Finance, Technology, Cybersecurity, or a related field, or equivalent education and/or experience. Master’s degree preferred.
• Certifications, Licenses, and Designations: Minimum: None required. Preferred: Relevant insurance, underwriting, cyber, privacy, technology risk, or professional liability designations may be beneficial.
• Experience: Minimum: 12 years of relevant and progressive underwriting experience, including cyber, technology, professional liability, specialty lines, or related underwriting experience. Leadership Minimum: 8 years of leadership experience in underwriting or a related insurance discipline.
• Other Knowledge, Skills, And Abilities: Strong underwriting judgment and demonstrated ability to evaluate complex Cyber and Technology risks. Strong operational capability with a proven track record of developing, implementing, and overseeing quality processes, procedures, and policies that improve business operations. Advanced proficiency with Microsoft Office, including Excel, PowerPoint, Word, and related business systems. Ability to partner effectively with senior leadership, brokers, claims, legal, actuarial, product, and other internal stakeholders.