Cyber Facultative Senior Underwriter

Cyber Facultative Senior Underwriter Locations: Chicago, IL or New York, NY AI Powered. Human Driven. HDI Global Insurance Company is a commercial property and casualty insurer headquartered in Chicago, IL. As a wholly owned subsidiary of HDI Global SE, we manage the industrial lines division of the Talanx Group. Our extensive portfolio of products and services, combined with an international network of local insurers, enables us to offer comprehensive domestic and global insurance solutions for U.

S.-based multinational companies. With Xcelerate29, HDI is shaping its future by becoming a Trusted Global Player, achieving Next-level Excellence, and building a Forward-thinking Organization. This direction helps HDI Global lead the profitable growth game as a globally connected business, raise the bar every day through stronger underwriting, claims, and investment performance, and win tomorrow by starting today with a lean, fast, resilient, and future-ready organization.

Together, these priorities support profitable growth, sustainable profitability, global consistency, digital transformation, AI acceleration, smart cost leadership, and stronger collaboration across teams and markets. They also reflect our focus on being a workplace of choice by building future-ready workforce where people.

We are currently seeking a seasoned Cyber Facultative Senior Underwriter to join our team. This role is responsible for underwriting complex facultative cyber reinsurance opportunities, managing broker relationships, and contributing to the profitable growth of our cyber reinsurance portfolio.

Key Responsibilities

Underwrite facultative cyber reinsurance submissions, including large and complex domestic and multinational risks. Evaluate individual cyber reinsurance opportunities by analyzing cedent information, underlying insurance programs, cyber security controls, loss history, and accumulation exposures. Structure and negotiate facultative reinsurance terms, conditions, pricing, and capacity deployment in accordance with underwriting guidelines and profitability objectives.

Build and maintain strong relationships with brokers, cedents, and strategic business partners to support portfolio growth and market presence. Collaborate with global underwriting, actuarial, claims, risk engineering, and accumulation management teams on complex cyber exposures. Monitor emerging cyber threats, industry trends, legal and regulatory developments, and market conditions to inform underwriting strategy and portfolio management.

Maintain underwriting discipline while achieving production, retention, and profitability goals. Participate in client and broker meetings, industry events, and market presentations to strengthen HDI's facultative cyber reinsurance presence.

Qualifications

Bachelor's degree required; CPCU, ARe, CISSP, CISM, or other relevant professional designations are a plus. 5+ years of commercial insurance, reinsurance, or specialty underwriting experience, with significant experience in cyber insurance and/or cyber reinsurance. Strong knowledge of cyber risk exposures, including ransomware, privacy liability, network security, business interruption, technology errors and omissions, and emerging cyber threats.

Demonstrated experience underwriting facultative reinsurance business, including pricing, coverage analysis, and contract negotiations. Strong analytical skills with the ability to assess complex cyber risks and make sound underwriting decisions. Excellent communication, presentation, and negotiation skills with a strong broker and client-focused approach.

Proven ability to develop and manage senior-level broker, cedent, and client relationships. Familiarity with global cyber insurance and reinsurance programs, multinational placements, and facultative market practices. Ability to manage multiple priorities and work effectively in a collaborative, global environment. Willingness to travel as needed for broker, cedent, and client meetings.

Eligibility to work in the United States.

Compensation

Base salary range for this position is $150,000-175,000 plus eligibility for a performance-based annual bonus. Actual compensation will be based on a variety of factors including experience, education, and location. We offer a competitive benefits package, including: 401(k) with company match, Paid Time Off, Sick Leave, Medical, Health Reimbursement Arrangement (HRA), Telemedicine, Wellness Program, Employee Assistance Program (EAP), Dental, Vision, Accident & Critical Illness Insurance, Flexible Spending Account (FSA), Dependent Care FSA, Group and Voluntary Life Insurance, Short- and Long-Term Disability, Pet Insurance, Transit and Parking benefits.

Additional Information HDI Global Insurance Company is an Equal Opportunity Employer. We consider applicants without regard to race, color, religion, national origin, age, sex, marital status, ancestry, disability, veteran status, gender identity, or sexual orientation. Applicants must be legally authorized to work in the United States.

Recruitment Agencies: All resumes submitted without prior HR authorization will be considered unsolicited. HDI Global Insurance Company is an Equal Opportunity Employer and participates in E-Verify. Employment is contingent upon successful completion of a background check. Attention California Applicants: Click here to view HDI's California Personnel Privacy Notice