About the Role
Serve as a technical expert supporting underwriting teams, clients, and the broader cyber re-insurance strategy. Responsibilities include risk assessment, methodology development, incident response, advisory services, and underwriting to enhance the cyber underwriting approach.
Responsibilities
- Conduct in-depth assessments of cyber and IT-related risks across industries, using independent research on emerging technologies, threat landscapes, and market developments.
- Inform underwriting decisions and promote subject matter expert services to business partners, ensuring alignment with end-customer needs, market trends, and underwriting guidelines.
- Deliver high-quality cyber underwriting by translating complex risk assessment outcomes into actionable recommendations, including appropriate (re)insurance terms and conditions.
- Identify, evaluate, and benchmark the effectiveness of security controls against evolving threats, attack vectors, and mitigation strategies.
- Continuously enhance cyber risk assessment methodologies, frameworks, and questionnaires.
- Provide analytical support on cyber coverage language and its alignment with current threat trends, loss scenarios, and portfolio exposures.
- Collaborate with global cyber experts and cross-functional teams to deliver cutting-edge underwriting expertise and drive local partner growth.
- Support internal training and knowledge-sharing initiatives to build cyber underwriting capabilities across the region.
- Deliver cyber security guidance, training, and strategic advice to internal stakeholders and external clients.
- Represent Munich Re at industry events and conferences; conduct trend scouting and publish topic papers on emerging threats and technologies.
- Evaluate emerging solutions like inside-out scanning and open-source threat intelligence to support data-driven underwriting practices.
Requirements
- Degree in IT Security, Computer Science, Electrical Engineering, or a related technical field.
- Familiarity with major cyber risk frameworks (e.g., NIST CSF, MITRE ATT&CK, ISO 27001) and relevant regulatory requirements.
- Multiple years of experience in security consulting, cyber risk management, cyber insurance, or cyber incident response.
- Ability to contextualize cyber threats by region and industry, factoring in geopolitical risk, regional regulation, and local IT maturity.
- Ability to translate threat intelligence into insurance-relevant impact scenarios.
- Minimum 5 years of client-facing experience with a strong client-centric approach to business development.
- Proven ability for proactive self-learning and adaptability to new technologies and emerging risks.
- Hands-on experience in driving innovation and product development.
- Strong teamwork skills and knowledge-sharing mindset.
- Willingness to travel internationally.
- Fluent in spoken and written business English and Mandarin.
Skills
- Cyber risk assessment
- Methodology development
- Incident response
- Advisory services
- Underwriting
- Risk management
- Security consulting
- Cyber insurance
- Cloud Security
- Threat intelligence analysis
- Trend scouting
- Product development
Location
- Sydney
Work Type
- Full-time
Experience Level
- Senior
- Minimum 5 years
Education Level
- Degree in IT Security, Computer Science, Electrical Engineering, or a related technical field
- Relevant certifications (e.g., CISSP, CISA, ISO 27001 Lead Auditor) preferred
About the Company
- Munich Re's Cyber team is a leading provider of cyber re-insurance solutions, overseeing markets across Australia, New Zealand, Greater China, and Africa.
- The team develops and drives cyber reinsurance solutions across commercial and personal lines, covering both portfolio-based and single-risk business.
- The company aims to shape the future of cyber insurance in these markets and reinforce Munich Re’s position as a trusted, forward-thinking partner.
Equal Opportunity
- Munich Re embraces and values the interaction of diverse backgrounds, experiences, perspectives, and thought.
