Jobs · Engineering · Illinois

VP, Cyber Broker

NFP, an Aon company · Chicago, IL · 3 days ago
On-siteEngineeringFull-time

Key Responsibilities

  • Prepare and package submissions, including applications, loss runs, ransomware and security supplementals, and narratives that position the risk favorably to underwriters.
  • Market new and renewal business to appropriate carriers; track submission status and drive to timely quote delivery.
  • Analyze and negotiate quotes on terms, limits, retentions, sublimits, coinsurance, waiting periods, and key coverage triggers.
  • Build comparison spreadsheets and proposals that clearly explain coverage differences to producers and clients.
  • Bind coverage, issue binders and certificates, review policies for accuracy, and manage endorsements and mid-term changes.
  • Advise on core cyber coverage parts: network security and privacy liability, breach response and notification costs, business interruption and contingent BI, cyber extortion and ransomware, digital asset restoration, media liability, and social engineering / funds transfer fraud.
  • Identify coverage gaps and differences in form language across carriers; flag restrictive endorsements such as war and infrastructure exclusions, widespread event language, and dependent BI limitations.
  • Support technology E&O, MPL, and related professional liability placements as needed within the MCPL practice.
  • Afford claims advocacy by coordinating between the client, carrier, and breach response resources.

Client and Producer Support

  • Serve as a technical resource to retail producers during prospecting, renewal strategy, and stewardship meetings.
  • Participate in client and prospect calls to explain coverage, market conditions, and underwriting expectations.
  • Help clients understand carrier security control requirements — MFA, EDR, backups, privileged access management, and patching cadence — and how those controls affect pricing and capacity.
  • Maintain accurate records in the agency management system and support renewal timelines, expiration reporting, and pipeline tracking.

Market and Practice Development

  • Maintain and grow relationships with cyber underwriters, wholesalers, and MGA partners.
  • Stay current on market conditions, emerging threats, regulatory developments, and form changes; contribute to internal training and client-facing thought leadership.

Required Qualifications

  • Active Property & Casualty insurance license.
  • 3–5 years of commercial insurance brokerage experience, retail or wholesale, including submission preparation, marketing, and placement.
  • Demonstrated experience placing cyber liability coverage, including familiarity with standalone cyber forms and carrier appetite.
  • Working knowledge of commercial P&C fundamentals: policy structure, limits and retentions, primary versus excess, and the renewal lifecycle.
  • Strong written and verbal communication skills, with the ability to explain technical coverage concepts to non-technical audiences.
  • Proficiency in Microsoft Excel, Word, Outlook, and PowerPoint; comfort working in an agency management system such as Epic.
  • Highly organized, deadline-driven, and able to manage multiple placements simultaneously in a fast-moving market.
  • Bachelor’s degree or equivalent professional experience.

Preferred Qualifications

  • Exposure to technology E&O, D&O, EPL, or other professional lines within a broader MCPL book.
  • Willing to become familiar with cybersecurity fundamentals and common frameworks such as NIST CSF or CIS Controls, or with cyber risk quantification and modeling tools.
  • Beginning understanding of privacy and breach notification regulation, including state notification laws, HIPAA, GDPR, and CCPA/CPRA, and industry-specific requirements such as PCI DSS.

Similar jobs

VP, Cyber Assurance & Defense

Broadview Federal Credit UnionAlbany, NY· 2 mo ago
Engineering$200k–$250k/yrapply on broadviewfcu.wd1.myworkdayjobs.com

VP of Cybersecurity

AerSale, Inc.Doral, FL· 3 wk ago
Information Technologyapply on aersale.wd5.myworkdayjobs.com