Head of Cyber Underwriting, Canada

Posted 3 Days Ago
Be an Early Applicant
Toronto, ON
Senior level
Insurance
The Role
The Head of Cyber will be responsible for managing and growing a portfolio focused on Cyber Liability and Technology Errors & Omissions coverage, developing relationships with brokers and clients, negotiating terms, ensuring compliance, and collaborating with various teams to achieve business goals.
Summary Generated by Built In

Title:

Head of Cyber Underwriting, Canada

Company:

Everest Insurance Company Of Canada

Job Category:

Underwriting

Job Description:

About Everest:
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.  

About the Role:

Everest Insurance Company of Canada is seeking a highly motivated individual to join our Company in the position of Head of Cyber Underwriting, Canada. As a key member of the Financial Lines team, reporting to the Head of Financial Lines, you will be accountable for all facets of renewal and new business production for Everest’s growing insurance group.

Responsibilities include but not limited to:

  • Growing and managing a portfolio of profitable business focused on providing Cyber Liability & Technology Errors & Omissions coverage.
  • Developing and cultivating new and existing broker and customer relationships in assigned zonal region.
  • Working with brokers and clients to create customized insurance solutions.
  • Perform all aspects of the underwriting process and due diligence including review and analysis of underwriting documents, third party vendor reports, current trends and individual risk factors.
  • Negotiate deal terms and contract language.
  • Source new business opportunities through a strong broker and client network.
  • Collaborating with other related financial lines segments along with regional colleagues and internal/external business associates.
  • Provide exceptional broker and customer service pursuant to industry leading guidelines.
  • Strong adherence to internal and external compliance as well as file documentation.
  • Collaborate with underwriting, claims, operations, marketing, and home office to achieve collective team goals.

Qualifications, Education & Experience:

  • Bachelor’s Degree is preferred, or a College Diploma with applicable work experience.
  • 8 to 10 years of underwriting experience required.
  • At least 10 years of experience in Cyber Underwriting or Brokering
  • Experience in Cyber Underwriting considered an asset.

Knowledge, Skills & Competencies: 

  • Exceptional oral and written communication with the ability to concisely provide executive summaries to senior management.
  • Strong problem-solving analytical skills, with an ability to drive data analytics and make appropriate conclusions on results.
  • Team oriented and ability to work effectively with peers.
  • Demonstrated bias for action with a high sense of urgency, strong work ethic and drive for results.
  • Comfortable with analyzing cyber & technology exposures across multiple industry segments.
  • A strong individual as well as a team player, capable of building effective internal and external relationships through appealing personal skills.

Our Culture 

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. 

  • Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.
  • Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

  

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

#LI-Hybrid

#LI-AS1

Type:

Regular

Time Type:

Full time

Primary Location:

Toronto - Insurance Canada

Additional Locations:

Everest Canada. Privacy Notice | Everest (everestglobal.com)

The Company
HQ: Warren, NJ
3,485 Employees
On-site Workplace
Year Founded: 1973

What We Do

Everest Group, Ltd. (“Everest”) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest is in over 100 countries across 6 continents. We provide the world with protection, we underwrite more than risk, we underwrite opportunity.

Everest Group, Ltd. is listed on the New York Stock Exchange (NYSE: EG) and is a component of the S&P 500 index.

FINANCIAL STRENGTH RATINGS
A+ by A.M. Best
A+ by S&P
A1 by Moody's

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