Jobs · Finance · Illinois

Specialty Underwriter, Cyber and E&O

Westfield Specialty Insurance · Chicago, IL · 2 wk ago
On-siteFinanceFull-time

Responsibilities

  • Develop, grow, and manage a profitable portfolio of Cyber Liability, Technology Errors & Omissions, and Miscellaneous Professional Liability business, with a strong focus on new business production and retention of key accounts.
  • Drive underwriting profitability through disciplined risk selection, pricing, coverage analysis, and portfolio management strategies.
  • Cultivate and maintain strong relationships with retail brokers to generate new business opportunities and increase market presence within the assigned territory.
  • Actively market products through broker meetings, industry events, presentations, conferences, lunches, dinners, and other networking activities to expand distribution channels and strengthen strategic partnerships.
  • Independently evaluate and underwrite complex risks by reviewing submissions, analyzing exposures, assessing financial and operational information, and determining appropriate pricing, terms, conditions, and coverage structures.
  • Ensure compliance with underwriting guidelines, authority levels, systems, and operational procedures.
  • Collaborate with Actuarial, Claims, Legal, and Product Development teams to support pricing strategies, address emerging cyber trends, and maintain portfolio profitability.
  • Monitor industry developments, cyber threat trends, claims activity, and marketplace changes to identify opportunities and enhance underwriting strategies.
  • Provide underwriting analysis, production updates, pipeline reporting, and portfolio performance metrics to senior management.

Requirements

  • Bachelor's degree required.
  • Minimum 3+ years of Cyber Liability and/or Technology E&O underwriting experience, with demonstrated production and broker-facing responsibilities strongly preferred.
  • Proven ability to build and maintain broker relationships and successfully generate new business opportunities.
  • Solid Writing and Communication Skills.
  • Excellent organizational skills, and ability to multi-task.
  • Ability to work independently in a fast-paced environment.
  • Willingness to travel.
  • Must be able to think originally, be willing to challenge ideas and be receptive to constructive feedback.
  • Ability to be onsite in office 4 days a week, where applicable.

Qualifications

  • Must have a valid driver’s license and reliable transportation.
  • Must be able to lift up to 20 pounds.

Skills

  • Excellent communication and interpersonal skills.
  • Strong analytical and problem-solving abilities.
  • Proficiency in Microsoft Office Suite.
  • Knowledge of insurance underwriting principles and practices.
  • Ability to work effectively in a team environment.

Benefits

  • Paid time off.
  • Health, dental, and vision insurance.
  • 401(k) retirement plan.
  • Flexible work schedule.
  • Professional development opportunities.

Pay

  • Competitive salary commensurate with experience.

Schedule

  • Full-time position.

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