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Cyber Underwriter

Location Milan, Italy Job type Full-Time Work mode Hybrid Job level Professional Job ID 9533 Company Munich Re Employment type Regular Area of expertise Claims & Underwriting
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Role: Cyber Underwriter 

Location: Milan 

The Cyber Underwriter will be part of a team dedicated to maintaining and advancing underwriting excellence at Munich Re Italia. As a Corporate Underwriting team member, the Cyber Underwriter will contribute to growing a profitable portfolio of personal and commercial cyber products and participate in challenging projects. You will support all the activities related to the management and development of the Cyber Portfolio.

Your Job: 

  • Ongoing development of the company’s cyber proposition along the entire value chain of our cyber products, including close collaboration with underwriters and representatives across the organization; 
  • Monitoring trends in cyber insurance market and their strategic implications on our proposition; 
  • Assessing the expected risks and exposures in IT/cyber infrastructures and ecosystems; 
  • Risk-related supervision of the insured IT infrastructures, including conducting inspections and putting together loss prevention measures; 
  • Obtaining new business, upholding and extending upon client contacts with brokers and insurance companies; 
  • Working within a close-knit network of cyber experts in the group and with the claims units regarding the insured risks, transferring own experience into product innovations; 
  • Advising, supporting, and training the clients in cyber topics; 
  • Actively promoting capabilities in the area of cyber risks within the group and externally in client and broker meetings, conferences, and market events; 

Your Profile: 

  • University degree in Scientific area, IT or Computer Sciences;
  • 3 years or plus of related professional experience;
  • Basic understanding of cyber insurance with a willingness to specialize in this class of business;
  • Preferably basic knowledge of liability and/or property insurance;
  • Great team player and high communication skills with strong ability to transfer knowledge;
  • Analytical/out of the box mindset and solution-oriented approach;
  • Willingness to take responsibility and make decisions;
  • Customer-focused and excellent negotiation skills;
  • Fluent oral and written business English is essential;

About Us: 

At Munich Re, embracing the power of differences is at the core of who we are. We believe diversity fosters resilience and innovation and enables us to act on our purpose of helping humankind act braver and better. We recognize diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.

If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!

For this selection process we are supported by See True Partners.

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Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.

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