Job Description
Key Accountabilities & Role Requirements:
- Portfolio Management: Support with the development of underwriting of Cyber Insurance ensuring profitable growth and strong portfolio performance.
- Underwriting Excellence: Assess, price, and negotiate complex risks in accordance with underwriting guidelines and Lloyd’s compliance requirements.
- Business Development: Identify and cultivate broker and client relationships, leveraging existing market networks to expand distribution and deal flow.
- Market Presence: Represent Westfield Specialty in the Lloyd’s and broader London market, including attendance at industry events, panel discussions, and broker meetings.
- Strategic Input: Contribute to the strategic direction, build out and product development of the Cyber team, aligning offerings with evolving market trend
- Risk Analysis: Conduct technical risk analysis and collaborate with actuarial, claims, legal teams and Westfield US Cyber to support underwriting decisions.
- Governance & Reporting: Maintain underwriting discipline, documentation, and reporting in line with Lloyd’s standards and internal audit requirements.
Skills & Competencies Required
- Proven experience underwriting Cyber risks in the Lloyd’s or international insurance market.
- Technical knowledge of Cyber related risk.
- Deep understanding of market cycles, broker dynamics, and regulatory environment within Lloyd’s and global energy insurance markets.
- Commercial acumen with a track record of building profitable portfolios and strong broker relationships.
- Excellent negotiation, communication, and presentation skills.
Qualifications & Experience
- Underwriting experience in Cyber Insurance.
- Educated to Degree standard.
- Desire to work towards ACII qualifications.
This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management. #WSPI
About Us
Founded in 1848, Westfield is a global leader in property and casualty insurance, delivering superior risk insights and innovative solutions to customers through a diverse portfolio of insurance products. Westfield underwrites commercial, personal, surety, and specialty lines of coverage through a network of leading independent agents and brokers in the United States and specialty products through Lloyd’s of London Syndicate 1200. As a mutual insurance company with more than 3,000 employees, Westfield has revenues in excess of $4 billion and more than $10 billion in assets.
About The Team
Westfield Specialty International Culture
Our culture is centred around three core values:
Excellence, focused on high performance, agility and embracing change;
Ambition, where inquisitiveness, challenge and a bold approach is encouraged; and
Collaboration, delivering shared goals through collective expertise,diversity of thoughtand transparency. All three are underpinned by
Reward & Recognition,where people are supported & respected, and success is celebrated.
Equal Opportunity Employer
United States: All applicants receive consideration for employment without regard to race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, or status as a protected veteran.
United Kingdom: Westfield is committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships.
