Business Development Underwriter - Cyber | Cylo Insurance

💰 $4,200 - $6,720 (Est.) 📍 Melbourne 🕐 3 days ago

Job Description

Create meaningful impact with Cylo Insurance, backed by CGU and powered by IAG.Cylo is a specialist underwriting agency, 100% owned by IAG. Were dedicated to helping SMEs safely navigate the digital world by combining innovative cyber insurance products with deep cyber risk expertise and leading incident response capability.

At Cylo, our strategic approach to cyber risk management underpins how we design products and engage clients. As a Business Development Underwriter Cyber, youll help deliver this mission by underwriting complex cyber risks and supporting broker distribution, sales, and retention activity across the Southern Region. Youll manage key broker relationships, support onboarding and education, and maintain Salesforce to ensure clear pipeline visibility. Youll act as both a technical expert and a market-facing representative, providing insights and training that strengthen broker capability. Working closely with the Head of Underwriting, youll contribute to referrals, renewals, quality assurance, and Cylos future assurance and digital distribution strategies. A company car is provided, and interstate travel is required. This is a permanent full-time role based in Naarm (Melbourne).

What Youll Do

Underwrite complex and emerging cyber risks to drive profitable growth and strong portfolio performance. Lead broker engagement across the Southern Region, strengthening strategic relationships to support growth, sales, and retention. Deliver broker distribution strategies, including pipeline development, lead management, and Salesforce opportunity conversion. Support broker onboarding and capability uplift through training, insights, and value aligned propositions. Manage key broker accounts and ensure delivery of Broker Partnership Agreement commitments. Provide technical underwriting guidance and partner with the Head of Underwriting on referrals, renewals, and risk selection. Identify opportunities to enhance digital distribution and contribute to Cylos future state assurance strategy, while representing Cylo at industry and broker events.

What Youll Bring

5+ years senior underwriting experience in cyber insurance or related financial/professional lines. Strong technical knowledge of cyber risk pricing, selection, and product design. Proven success building and managing broker relationships. Commercially minded, with experience delivering retention and growth strategies. Proficient in Salesforce CRM and confident using data to support decisions. Tertiary qualifications or cyber insurance accreditations preferred. Commitment to ongoing technical and professional development.

What We Offer
Boosted superannuation with 13% as standard. 20 days annual leave + 5 days MyLeave (extra leave for whats important to you). Work from home and many more flexibility options with myFlex. Up to 50% off personal insurance, including home and motor insurance. Partner discounts on private health insurance, tech& appliances, and many more. Industry-leading 20 weeks paid parental leave. Access to LinkedIn Learning, the award-winning IAG Academy, study assistance and secondment opportunities.*employment type eligibility criteria apply

Applications close: Monday 30th March 2026 11:59PM AEDT

Adjustments and SupportIf you require any support or adjustments to participate equitably in our recruitment process, we encourage you to reach out to [email protected] for a confidential conversation.

More About Us
As part of IAG you'll enjoy a world of career opportunities, a purpose-led place focused on creating connection and belonging, and where you can create meaningful impact every day and grow your career beyond the expected. Thats not just words. Its our people promise. We're ready for you with unexpected opportunities for your career, your work-life and your ability to make a difference. We celebrate all viewpoints shaped by life experiences and culture, and are guided by the knowledge and voice of Aboriginal and Torres Strait Islander peoples, businesses, and communities. We collaborate on Indigenous-led solutions that enable growth and create meaningful change for our customers and employees.
Learn more atwww.cylo.ai
 

💡 Quick Summary

Seeking a career-building opportunity? The Business Development Underwriter - Cyber | Cylo Insurance position is now open for candidates interested in the Insurance sector. This role in Melbourne offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Insurance is a plus.

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The expected salary for Business Development Underwriter - Cyber | Cylo Insurance in Melbourne is $4,200 - $6,720 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Business Development Underwriter - Cyber | Cylo Insurance is an on-site position based in Melbourne. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Business Development Underwriter - Cyber | Cylo Insurance. Previous experience in Insurance is a plus. Freshers may also apply depending on the employer's requirements.
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