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Cyber Insurance Broker Jobs (NOW HIRING)

Munich Re

Cyber and Tech Risk UW SR

Arvada, CO · On-site +1

$100K - $119K/yr

Commercial underwriting and/or insurance marketing experience * Established broker relationships within an assigned territory * Experience underwriting Cyber, Technology E&O, or other Management ...

Munich Re

Cyber and Tech Risk UW SR

Portland, OR · On-site +1

$103K - $122K/yr

Commercial underwriting and/or insurance marketing experience * Established broker relationships within an assigned territory * Experience underwriting Cyber, Technology E&O, or other Management ...

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How much do cyber insurance broker jobs pay per year?

As of Jun 29, 2026, the average yearly pay for cyber insurance broker in the United States is $122,108.00, according to ZipRecruiter salary data. Most workers in this role earn between $100,500.00 and $149,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the Cyber Insurance Broker position, and why are they important?

To thrive as a Cyber Insurance Broker, you need a deep understanding of cybersecurity risks, insurance products, and risk assessment, often supported by a degree in business, finance, or IT-related fields. Familiarity with insurance management software, CRM systems, and relevant industry certifications such as Certified Insurance Counselor (CIC) or Certified Information Systems Security Professional (CISSP) can be highly beneficial. Strong negotiation, relationship-building, and clear communication skills set top performers apart in this client-focused field. These competencies are vital to effectively match complex cyber risk profiles with suitable insurance solutions and maintain trusted client relationships.

What are some common challenges faced by Cyber Insurance Brokers and how do they overcome them?

Cyber Insurance Brokers often face the challenge of keeping up with rapidly evolving cyber threats and changing regulatory requirements, which can impact risk assessment and policy recommendations for clients. To overcome this, they regularly attend industry trainings, collaborate closely with underwriters and IT security experts, and stay updated on emerging trends through ongoing education. Building trust with clients, clearly explaining complex technical risks, and tailoring policies to fit unique business needs are also critical. Proactive communication and continuous learning help brokers deliver the best service and maintain strong, long-lasting client relationships.

What does a Cyber Insurance Broker do?

A Cyber Insurance Broker helps businesses assess cybersecurity risks and secure appropriate insurance coverage to protect against cyber threats like data breaches, ransomware, and business interruptions. They analyze a company's risk profile, recommend policies from various insurers, and negotiate terms to ensure comprehensive protection. Additionally, they assist clients in understanding policy details, exclusions, and claims processes. Their expertise bridges the gap between cybersecurity and insurance, ensuring businesses have the necessary financial safeguards in place.

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Cyber Insurance Broker jobs near you
Business Development Manager

Business Development Manager

Converge Insurance

New York, NY

$145K - $200K/yr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 10 days ago

Key responsibilities

  • Develop regional business plans and strategies to drive growth, optimize products and programs, generate new opportunities, and retain renewals.

  • Conduct planned brokerage visits within an assigned territory to develop new accounts, service existing accounts, review broker performance, and improve broker relationships.

  • Support the Head of Distribution and Underwriting team by reinforcing product appetite, coverage options, pricing, claims handling, and security service capabilities to brokers.

Job description

About Converge

Converge fuses cyber insurance security and technology to provide businesses with clear, confident cyber protection. Deploying a proprietary data ecosystem underpinned by expert underwriting, it provides risk solutions that deliver high value strategies with improved outcomes. Our team is composed of top-tier professionals across underwriting, technology, and claims who share a passion for driving the future of cyber risk management.

Position Overview

In this role the BDM will report directly to the Head of Distribution. This role will also work closely with the Underwriting team and the Director of Cyber Risk Solutions, aligning strategy, engagement, and connectivity focused on Converge' s wholesale and partnered insurance strategy, identifying new opportunities, building out relationships and driving strategic engagement primarily in the West region. We are looking for seasoned sales professionals in the territory to help us develop and empower the success of our partners by aligning our product, technology and capabilities in support of our broker's business goals.

Key Responsibilities

The Business Development Manager will work with the Head of Distribution and Underwriting team to develop regional business plans that drive growth, optimize our products and programs, generate new opportunities, and retain renewals.

The Business Development Manager will conduct planned brokerage visits within an assigned territory to develop new accounts, service existing accounts, review broker performance and improve the broker relationship with Converge.

The Business Development Manager supports the Head of Distribution and Underwriting team by reinforcing Converge's product appetite, coverage options, pricing, claims handling, and security service capabilities.

Responsible for brokers' satisfaction with Converge products/capabilities and connecting brokerage contacts to the appropriate Converge resources including underwriting, claims, and security services.

The Business Development Manager will monitor performance and identify trends, partner alignment, and provide guidance to brokers as part of their periodic reviews.

The Business Development Manager supports the Head of Distribution and Director of Cyber Risk Solutions on the success of the partnered insurance program initiatives, from lead generation to Go-to-Market strategy.

Up to 25% of travel required (depending on location)

Qualifications & Experience

5+ years of experience in sales & underwriting, placing commercial cyber insurance and/or technology or cybersecurity

Self-motivated and entrepreneurial spirit

Comfortable working in a fast-paced, dynamic environment

Strong interpersonal communication skills (verbal & written)

Strong presentation skills

Aptitude to learn technical concepts and terms

Ability to manage multiple tasks/projects simultaneously

Education

Bachelor's degree.

Physical Requirements

Prolonged periods sitting at a desk and working on a computer.

Ability to lift up to 15 pounds occasionally.

Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Compensation & Benefits

Pay Range: $145,000 - $200,000 annually (commensurate with experience and location).

Total Compensation Context: This role may be eligible for annual performance bonuses and equity participation.

Benefits Overview: Converge provides comprehensive health benefits (medical, dental, vision), a 401(k) plan with employer contribution, and flexible paid time off (PTO).

EEO Statement

Converge Insurance is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Employment decisions are made without regard to race, color, religion, sex (including pregnancy, gender identity, or sexual orientation), national origin, age, disability, veteran status, or any other legally protected characteristic.

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