Junior Cyber Underwriter - Iberian Market

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world.  Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.

Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for a Junior Cyber Underwriter – Iberian Market, with a focus on the Spanish and Portuguese Markets, in our Financial Lines team in Spain.

The Junior Cyber Underwriter will be contributing to the growth and development of a book of profitable and diversified Cyber insurance business and he/she will also assist the current Cyber Product leader in achieving top and bottom-line goals. This new hire is aligned with the anticipated growth of the Financial Lines segment in 2026 and reflects the strategic direction of our team. As we aim to position ourselves as a leading company in the market, this role will play a key part in issuing policies, delivering superior service to stakeholders, and setting ourselves apart from competitors.

Location: This position will be based out of our Barcelona or Madrid offices. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

Our business, Your impact, Shared opportunity

What you’ll be doing:

• Contribution to growth and profitability (bottom line) of Sompo International’s portfolio by sourcing submissions, underwriting, pricing, marketing, and managing Cyber Insurance business and territories with the goals of maximizing the expected profitability and risk-adjusted return on capital.
• Assist Cyber product leader managing existing relationships with clients and brokers while also developing new business opportunities. Contribute to build a well-diversified and balanced book in terms of risk profile and segmentation.
• Analyse underwriting information and ensure appropriate terms and conditions are secured and aligned with our underwriting guidelines.
• Perform contract negotiation, attending and travelling to brokers meetings and conducting underwriting reviews.
• Proactively promote the Sompo Cyber footprint and increase our recognition in Spain and Portugal.
• Cross sell other Sompo International Specialty Lines products, in particular identifying insurance needs that evolve out of an insured transaction.

What you’ll bring:

• A recognised qualification in law, economics, finance and/ or IT engineering.
• 1-3 years in in Cyber Insurance underwriting.
• Some experience in building and growing a profitable Cyber Insurance book in the European markets.
• Proven disciplined approach to underwriting.
• Knowledge of the Cyber Insurance market, regulation and products
• Excellent networking skills and relationships with clients and brokers in Iberia.
• Analytical, energetic, creative, meticulous, driven, determined self-starter, smart, hardworking, resilient, ambitious, good team player
• Strong presentation and negotiation skills
• Flexibility and willingness to travel and offer top service quality
• Spanish and English at working level

Our Benefits

We continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents.  Below are a few highlights of our inclusive benefit programs:

• Expansive Health & Wellness Benefits
• Generous Retirement & Savings Plans
• Global Parental Leave & Adoption Assistance

In today’s world, what do we stand for?

We strive to create exceptional value for our clients and shareholders while maintaining Sompo as an attractive place to work. We foster an environment of ongoing, open dialogue between managers and their direct reports, and believe in an organizational environment where everyone belongs. We proudly are a multi-racial, multi-cultural, global enterprise. We reject all forms of racism, bigotry, prejudice and injustice and continue to invest in building out an inclusive and diverse work environment.

About Us

Expert Partners.
Clarity in complexity.
Unwavering commitment.

We’re Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. Building on Sompo Holdings’ 130 years of innovation, we’re committed to applying all of our experience to simplify yours.

Our dedication to you shows up in the care we put in every detail, working to create a frictionless risk management journey for everyone we serve.

We lead with your priorities, meticulously crafting solutions, sharing insights, and understanding your needs.

Around the world, our 9,000+ employees use their expertise to learn, improve and find clear answers for your complex challenges.

Because when you choose Sompo, you choose the ease of expertise.

Sompo is an equal opportunity employer committed to a diverse workforce.

To learn more about visit our website at www.sompo-intl.com

Valoramos positivamente las solicitudes de personas con certificado de discapacidad igual o mayor al 33%, en cumplimiento de la legislación vigente, Ley General de Derechos de las Personas con Discapacidad y de su inclusión social (LGD).