Underwriting Specialist, Cyber & Professional Liability

About the role

Ascot’s Cyber and Professional Liability unit is seeking a motivated Underwriting Specialist to assist in growing a diverse suite of cyber-driven products. The Underwriting Specialist will be responsible for the profitability, growth, and retention of an assigned book of business within an assigned territory. You will work in a team environment, demonstrating a strong customer focus to expand Ascot’s brand and the AscotPro Cyber and Professional Liability appetite and strategy.

Ascot Group is a modern-era specialty risk underwriting organization operating through interconnected global platforms, united by a common mission: One Ascot. The company thrives on collaboration, inclusivity, and an entrepreneurial culture, guided by The Ascot Way—a commitment to underwriting excellence, integrity, and innovation. Ascot’s Fusion Model (Client Centric, Risk Centric, Technology Centric) ensures resilience, bespoke products, and world-class service pre- and post-claims.

Responsibilities

• Manage the profitability, growth, and retention of an assigned Cyber and E&O book of business through individual risk underwriting and adherence to the unit’s strategic plan.
• Underwrite and negotiate complex customer accounts to minimize risk and maximize profitability.
• Monitor premiums, costs, and claims ratios per contract; take corrective measures to ensure long-term profitability at the account level.
• Work independently within delegated underwriting authority and make referrals as required.
• Cultivate and maintain relationships with financial lines peers, leaders, and internal partners to identify cross-selling opportunities, assist in product development, and drive operational excellence.
• Foster and maintain external relationships with brokers to market and sell Ascot’s products.
• Perform other duties as assigned.

Requirements

• Bachelor’s degree or equivalent experience.
• A minimum of 7 years of underwriting experience in the financial lines insurance industry, with experience in Cyber and Professional Liability strongly preferred.
• Deep knowledge of insurance, applicable regulations, and the insurance industry.
• Strong collaborative skills and ability to thrive in a fast-paced, entrepreneurial environment.
• Excellent organizational, desk management, and prioritization skills; ability to work independently and as part of a team.
• Strong interpersonal, communication, and presentation skills; ability to negotiate in difficult situations with agents and brokers.
• Proficient in Microsoft Office.
• RPLU, CPCU, or other relevant professional designation preferred but not required.
• Ability to travel 10-15%.

Skills

• Strong critical thinking and analytical skills.
• Solution-oriented team player with a strong relationship management skill set for internal and external stakeholders.
• Strong technical and quantitative skills.
• Excellent oral and written communication skills.

Pay

The annualized base pay range for this role is $160,000 – $175,000. Actual base pay may vary based on factors including experience, subject matter expertise, and skills. The base pay is one component of Ascot’s total compensation package, which may also include annual cash bonuses and other discretionary rewards.

Benefits

The company provides a competitive benefits package (eligibility requirements apply), including:

• Medical (including prescription coverage), dental, and vision insurance.
• Health Savings Account and Commuter Account.
• Health Care and Dependent Care Flexible Spending Accounts.
• Life insurance and AD&D.
• Work/Life Resources, including an Employee Assistance Program.