Full-Time
AVP/VP Cyber Underwriter
Confirmed live in the last 24 hours
Resilience Cyber Insurance
201-500 employees
Cyber risk management and insurance solutions
Compensation Overview
$125k - $180kAnnually
Senior
New York, NY, USA
This is a hybrid position located in New York.
- 5+ years’ experience as a cyber underwriter/broker with a proven track record of growth.
- Established network of broker and underwriting relationships.
- Passion for collaboration and the future of cyber insurance.
- Prior consulting or customer facing experience.
- Deep knowledge of the cyber insurance markets across assigned territory.
- Technical fluency in G-Suite.
- Partner with the security teams to develop and execute client engagement strategies.
- Demonstrate sound risk and pricing decision making, incorporating technology/security resources and traditional underwriting principles.
- Maintain an updated understanding of the cyber insurance market landscape within the designated territory.
- Implement business plans, ensuring growth that's both successful and sustainable.
- Collaborate with the team to formulate and execute strategies, igniting growth for both primary and excess cyber business.
- Develop relationships and educate brokers to maximize opportunities and achieve profitable growth.
- Achieve set targets for new business premium, security engagement, renewal premium retention and rate change.
- Adhering to company guidelines and underwriting authority, evaluate new and renewal accounts to determine risk acceptability, contractual terms, and pricing.
Resilience Cyber provides a solution that combines cyber insurance with real-time data and analytics to help businesses manage cyber risks. Their platform allows insurers to better assess and underwrite cyber risks by offering tools for loss prevention, cyber risk quantification, and simulations of breaches and attacks. This approach helps organizations improve their cybersecurity measures and prepares them for potential cyber threats. Unlike many competitors, Resilience Cyber focuses on integrating proactive risk management with insurance, aiming to enhance the overall cyber resilience of their clients. The goal is to empower businesses to effectively navigate the complexities of cyber threats and minimize their impact.
Company Stage
Series D
Total Funding
$211.1M
Headquarters
St. Louis, Missouri
Founded
2016
6 month growth
↑ 11%1 year growth
↑ 14%2 year growth
↑ 30%
Simplify's Take
What believers are saying
- The $100MM Series D funding round led by Intact Ventures and Lightspeed Venture Partners provides significant capital for global expansion and scaling.
- The addition of Technology E&O coverage broadens Resilience's market reach, particularly among mid-sized and large enterprises.
- Strategic hires like Dan Rance and senior appointments in underwriting, claims, distribution, and security bolster the company's expertise and operational capacity.
What critics are saying
- The increasing frequency of cyber attacks, such as those by Scattered Spider, poses a constant threat to the company's clients and could impact its reputation.
- The competitive landscape in cyber insurance and risk management is intense, with many players vying for market share.
What makes Resilience Cyber Insurance unique
- Resilience Cyber Insurance uniquely combines cyber insurance with cyber risk management solutions, offering a holistic approach to managing cyber threats.
- The company's recent launch of Technology Errors & Omissions (E&O) coverage sets it apart by addressing a historically challenging area for the insurance market.
- Resilience's acquisition of BreachQuest enhances its incident preparedness capabilities, making it a more comprehensive solution provider in the cyber insurance space.
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