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Pen Underwriting UK

Pen Underwriting UK

www.penunderwriting.co.uk

1 Job

304 Employees

About the Company

Welcome to Pen Underwriting. Here at Pen, we've come a long way in a short space of time. And exciting new chapters keep being written as we constantly strive to deliver more for brokers and their customers. Over the past decade, we've built a multi-class, muti-territory virtual insurer, able to offer all the capabilities you'd expect from an insurance company but with the entrepreneurial energy, niche expertise and flexibility that MGAs are known for. Already one of the largest MGAs headquartered in the UK, responsible for managing around PS1bn gross written premium (GWP), we have a bold '2030 Vision' - to become a PS1.75bn GWP underwriting and distribution business and the leading MGA in the UK and wider EMEA region with the best products, people and culture. Only by continuing to deliver the underwriting expertise, product relevance and responsive service brokers and customers need will we achieve that. So, we will listen, learn, enable brokers to trade with us in multiple ways and continue adding real value for customers at every step of their journey with us. Our specialisms range from professional indemnity, property owners and the public sector to cyber, marine, specialist household risks and hazardous & environmental industries. With a huge amount in between. And more than 30% of the business we write now emanates from outside of the UK. We've also expanded our physical presence into Europe, adding teams in Norway and the Republic of Ireland- and we remain focused on bringing quality underwriting businesses and strategic hires with complementary specialisms and cultural alignment into the Pen family. With a collaborative culture, we're proud to be an underwriting and distribution business with quality underwriting at its heart, led by an energetic executive team. A business that demonstrates every day the added value it brings to customers, colleagues, brokers and capacity providers alike.

Listed Jobs

Company background Company brand
Company Name
Pen Underwriting UK
Job Title
Assistant Cyber Underwriter
Job Description
**Job Title:** Assistant Cyber Underwriter **Role Summary:** Support the cyber underwriting team in evaluating and pricing cyber insurance policies, assisting brokers and clients, and contributing to product development and risk research. Maintain accurate underwriting documentation while building relationships and ensuring compliance with company guidelines. **Expectations:** - Demonstrate genuine interest in cyber risk and insurance. - Apply analytical skills to assess submissions and identify exposures. - Communicate complex risk concepts clearly to brokers and clients. - Proactively collaborate with team members and pursue continuous learning. - Adhere to UK work‑authorization requirements. **Key Responsibilities:** - Assist in underwriting cyber insurance policies, including risk assessment and pricing. - Gather and analyse client information, loss histories, and cyber threat data. - Support broker and client interactions, providing tailored advice and solutions. - Research emerging cyber threats and assist in the development of new cyber products. - Ensure underwriting activities comply with internal guidelines and regulatory standards. - Maintain accurate records and documentation of all underwriting actions. **Required Skills:** - Basic knowledge of cyber threats, cyber security concepts, and risk management practices. - Strong analytical and quantitative assessment abilities. - Effective written and verbal communication skills. - Ability to work collaboratively in a fast‑moving team environment. - Proactive attitude with a willingness to learn and develop underwriting expertise. **Required Education & Certifications:** - Minimum: Bachelor’s degree or equivalent in Business, Finance, Risk Management, Cyber Security, or a related field. - Relevant certifications (e.g., CISSP, CISA, CRISC, or underwriting qualifications) are advantageous but not mandatory.
London, United kingdom
On site
03-03-2026