Cyber Risk Specialist
1 week ago
SCOR Reinsurance Company is seeking a highly skilled Cyber Underwriter to join our team in New York, NY. As a Cyber Underwriter, you will use your technical cybersecurity and risk assessment expertise to evaluate cyber risks for existing and prospective clients.
Key Responsibilities:- Proactively manage a portfolio of cyber risks and make necessary adjustments to ensure a long-term, profitable book of business.
- Act as a subject-matter expert and support underwriting colleagues in the assessment and selection of cyber risks.
- Provide training as needed on cybersecurity exposures and best practices.
- Provide strategic value for clients by working alongside them to identify, understand, and effectively manage their cyber risks.
- Lead the rollout of the Cyber Physical Damage product and collaborate with new and existing clients to help identify potential exposures and coverage gaps.
- Leverage expertise in the Energy Insurance Market to act as a key resource in business development efforts to raise awareness of this product to new and existing clients.
- Gather and share market intelligence with the Cyber team to influence our underwriting strategy and market positioning.
- Develop and strengthen relationships with new and existing distribution partners.
- Drive new business opportunities by regular visits with brokers in the region.
- Bachelor's degree or foreign equivalent in Mathematics, Economics, or a related field.
- One year of experience in the job offered or related occupation, analyzing technology errors and omissions (E&O) and cyber risk exposures of companies in industries including manufacturing, aerospace and defense, or financial institutions.
- Utilizing experience understanding the main driver of loss for manufacturing, aerospace and defense, and financial institutions industry segments.
- Demonstrating understanding of technology errors and omissions (E&O) and Cyber policy forms and coverage types.
- Utilizing knowledge of policy forms available in the market place from primary markets to assess if terms and conditions of the deal fall within underwriting guidelines.
- Working with pricing tools, including using and interpreting results of pricing models.
As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. We use our industry-recognized expertise and cutting-edge financial solutions to serve our clients and contribute to the welfare and resilience of society in around 160 countries worldwide.
Working at SCOR means engaging with some of the best minds in the industry - actuaries, data scientists, underwriters, risk modelers, engineers, and many others - as we work together to find solutions to pressing challenges facing societies.
We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.
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