Cyber Underwriter

Gallagher isn't just a company; it's a global community driven by shared values and an unyielding commitment to excellence. With over 52,000 passionate professionals, we are the architects of the future, designing customized solutions to protect businesses and fuel their extraordinary growth. As a member of our team, you'll experience empowerment, creativity, and the exhilarating journey of making a real difference in the lives of our clients. Join us and become part of a story that transforms aspirations into reality.

We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.

Pen Underwriting is one of the UK’s leading managing general agents, offering a diverse range of insurance solutions tailored to meet the needs of our clients. We pride ourselves on our innovative approach, deep industry expertise, and commitment to delivering exceptional service. As part of our continued growth, we are seeking a talented and experienced Cyber Underwriter to join our dynamic team in London.

As a Cyber Underwriter, you will play a pivotal role in managing and growing our cyber insurance portfolio. You will be responsible for underwriting both new business and renewals, ensuring profitability and compliance with underwriting guidelines. This is an exciting opportunity for a driven professional with prior experience in cyber underwriting to make a significant impact in a fast-evolving and critical area of insurance.

Key Responsibilities:

• Underwrite and manage a portfolio of cyber insurance risks, including both new business and renewals.
• Assess and evaluate risks in line with company underwriting guidelines and appetite.
• Develop and maintain strong relationships with brokers and clients to drive business growth.
• Negotiate terms, conditions, and pricing to achieve profitable outcomes.
• Monitor market trends and emerging cyber risks to ensure our products remain competitive and relevant.
• Collaborate with internal teams, including claims and risk management, to deliver tailored solutions to clients.
• Contribute to the development of underwriting strategies and product innovation.

What We’re Looking For:

• Proven experience in cyber underwriting, with a strong understanding of the cyber insurance market.
• Expertise in underwriting both new business and renewals.
• Strong analytical and decision-making skills, with the ability to assess complex risks.
• Excellent communication and negotiation skills, with the ability to build and maintain relationships with brokers and clients.
• A proactive and results-driven mindset, with a focus on delivering exceptional service.
• Knowledge of current and emerging cyber threats and trends is highly desirable.
• Relevant professional qualifications (e.g., CII) are advantageous but not essential.

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

• Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days
• Defined contribution pension scheme, which Gallagher will also contribute to
• Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x
• Income protection, we’ll cover up to 50% of your annual income, with options to top up
• Health cash plan or Private medical insurance

Other benefits include:

• Three fully paid volunteering days per year
• Employee Stock Purchase plan, offering company shares at a discount
• Share incentive plan, HMRC approved, tax effective, stock purchase plan
• Critical illness cover
• Discounted gym membership, with over 3,000 gyms nationally
• Season ticket loan
• Access to a discounted voucher portal to save money on your weekly shop or next big purchase
• Emergency back-up family care
• And many more…

We value inclusion and diversity

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.

Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.

We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know.

Should you require reasonable adjustments to your application, please get in touch with [email protected] . If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch.

Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.

Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.