at QBE The Americas in Chicago, Illinois, United States
Job Description
Primary DetailsTime Type: Full time
Worker Type: Employee
The Opportunity
As part of the QBE global cyber leadership team, contribute to the development, build, communication and oversight of a globally consistent cyber strategy for product and underwriting, designed to move QBE into a position as a relevant global cyber market.
Primary Responsibilities
* Develop and maintain global product offering strategy
*Develop SME strategy to sit within larger global strategy and oversee the deployment into regions.
*Build out business plan in coordination with QBE Ventures and divisional leaders.
*Responsible for account escalations, product, appetite and guideline decisions which are outside of the divisional authority.
*Manage strategic relationships/partnerships, internally and externally, that will help drive QBE's cyber underwriting strategy, including cyber vendors such as data providers, scanning vendors, technical underwriting consultants.
*Support divisions in cyber MGA/MGUs and cyber TPAs relationship and program portfolios.
*Work with key internal and external partners to measure, monitor and manage cyber aggregation and CAT exposures;
*Contribute to reinsurance agreements, submission material, market meetings and reinsurer relationships;
*Manage the continuous improvement and enhancement of the global risk assessment framework used by all cyber underwriters globally;
*Oversee the continuous improvement of the global cyber pricing tool as the global representative from leadership team, in collaboration with pricing team;
*Ensure effective and efficient access to risk assessment, pricing and efficiency tools for underwriters in every region.
*Develop, implement and maintain a training academy for underwriters across the company working closely with divisional leads and including an onboarding program for new underwriters to assure a consistent experience across divisions for new cyber joiners.
*Develop and maintain ongoing training of underwriters and brokers on product offerings as well as market trends and controls updates.
*Manage global cyber secondees
*Manage thought leadership campaigns both externally and internally to assist QBE in elevating QBE's Cyber Brand, with a focus on being visible in the market as a subject matter expert.
*Manage wording and policy changes in line with developing trends and/or where needed to satisfy regulatory and external stakeholder requirements
*Develop a reporting mechanism to cascade trends and alerts to senior executives, claims teams, underwriting teams and clients in a proactive manner
*Lead development of a formal process for claims and underwriting collaboration and information sharing.
Required Education
* Bachelor's Degree or equivalent combination of education and work experience
Required Experience
* 10+ years relevant experience
Preferred Competencies/Skills
* Influence and collaborate with people at different levels within the global organization to
*accomplish a common goal
*Lead through influence; drive execution of plans
*Utilize subject matter expertise to make sound decisions
*Create and re-engineer processes to gain efficiency and effectiveness
*Excellent interpersonal and communication skills
*Excellent negotiation skills
*Ability to analyze and use data for decision making
*Use of risk profiling, pricing tools and loss models
*Excellent networking skills
*Commercial and technical acumen
*Ability to articulate a strategic vision
*Ability to understand industry trends and competitor strategies
Preferred Experience
* Extensive experience overseeing Cyber lines of business for a national or global organization
*Experience with change management
*Line of business transformation and improvement
*Senior management experience
*Experience of working across functional teams and in a matrix management
*Extensive experience within an appropriate underwriting discipline within the insurance industry
*Proven experience of interpreting business strategy and translating into functional / portfolio strategy
*Significant experience of managing relationships with internal stakeholders and business clients
*Strong track record of delivering business plan / financial results
*Use of risk profiling and pricing tools and loss models
Preferred Knowledge
* Advanced working knowledge of Cyber insurance underwriting and products
*Advanced working knowledge of complex state and federal regulatory requirements... For full info follow application link.
Equal Employment Opportunity
The companies of QBE North America are committed to equal employment opportunities. All qualified applicants will receive consideration for employment without regard to age, disability, marital or parental status, national origin, citizenship, race, color, religion, sex, sexual orientation, or veteran status. All personal information contained in this application will be kept confidential as required by law.
