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Cyber Insurance Jobs in Chicago, IL (NOW HIRING)

With 98% of cyber insurance claims in the past five years coming from small and mid-size businesses with revenue under $2B, providing an integrated solution to help manage risk is more critical than ...

With 98% of cyber insurance claims in the past five years coming from small and mid-size businesses with revenue under $2B, providing an integrated solution to help manage risk is more critical than ...

With 98% of cyber insurance claims in the past five years coming from small and mid-size businesses with revenue under $2B, providing an integrated solution to help manage risk is more critical than ...

Cyber and E&O Broker

Chicago, IL · On-site

$70K - $90K/yr

Demonstrate detailed knowledge of Cyber/E&O insurance marketplace and our team's products and services * Demonstrate ability to place a layered program ($50M+) from start to finish * Own all aspects ...

Cyber and E&O Broker

Chicago, IL · On-site

$70K - $90K/yr

Demonstrate detailed knowledge of Cyber/E&O insurance marketplace and our team's products and services * Demonstrate ability to place a layered program ($50M+) from start to finish * Own all aspects ...

Cyber and E&O Broker

Chicago, IL · On-site

$70K - $90K/yr

Demonstrate detailed knowledge of Cyber/E&O insurance marketplace and our team's products and services * Demonstrate ability to place a layered program ($50M+) from start to finish * Own all aspects ...

Cyber and E&O Broker

Chicago, IL · On-site

$70 - $90/hr

Demonstrate detailed knowledge of Cyber/E&O insurance marketplace and our team's products and services * Demonstrate ability to place a layered program ($50M+) from start to finish * Own all aspects ...

New

We are seeking an exceptional VP, Management Liability & Cyber Claims Advocate to join our nationally recognized claims advocacy practice. This is not a traditional insurance company claims handling ...

We are seeking an exceptional VP, Management Liability & Cyber Claims Advocate to join our nationally recognized claims advocacy practice. This is not a traditional insurance company claims handling ...

We are seeking an exceptional VP, Management Liability & Cyber Claims Advocate to join our nationally recognized claims advocacy practice. This is not a traditional insurance company claims handling ...

We are seeking an exceptional VP, Management Liability & Cyber Claims Advocate to join our nationally recognized claims advocacy practice. This is not a traditional insurance company claims handling ...

... cyber insurance carriers, law enforcement, and third-party stakeholders during incidents. • Experience developing incident response programs, tabletop exercises, and cyber resilience strategies ...

Company Details Berkley Technology Underwriters is a global insurance provider offering property, casualty, professional and cyber insurance coverage for technology companies. Responsibilities As a ...

About TMHCC Tokio Marine HCC (TMHCC) brings 50 years of service to the specialty insurance industry ... This role evaluates complex cyber exposures, delivers timely and market-facing underwriting ...

About TMHCC Tokio Marine HCC (TMHCC) brings 50 years of service to the specialty insurance industry ... This role evaluates complex cyber exposures, delivers timely and market-facing underwriting ...

Cyber Claim Counsel

Chicago, IL · On-site

$111K - $184K/yr

Bond & Specialty Insurance (BSI) provides management and professional liability, cyber, crime insurance, and surety bonds to or on behalf of businesses of all sizes. The BSI Claim Counsel team ...

Cyber Claim Counsel

Naperville, IL · On-site

$111K - $184K/yr

Bond & Specialty Insurance (BSI) provides management and professional liability, cyber, crime insurance, and surety bonds to or on behalf of businesses of all sizes. The BSI Claim Counsel team ...

Showing results 21-40

Cyber Insurance information

See Chicago, IL salary details

$30.4K

$125.9K

$203.6K

How much do cyber insurance jobs pay per year?

As of Aug 22, 2026, the average yearly pay for cyber insurance in Chicago, IL is $125,888.00, according to ZipRecruiter salary data. Most workers in this role earn between $103,600.00 and $154,100.00 per year, depending on experience, location, and employer.

What is a cyber insurance?

A Cyber Insurance job involves assessing, underwriting, and managing policies that protect businesses from financial losses due to cyber threats like data breaches, ransomware, and hacking. Professionals in this field analyze cybersecurity risks, determine coverage terms, and work with clients to mitigate potential threats. They may also handle claims and collaborate with cybersecurity experts to evaluate incidents. Roles in cyber insurance can include underwriters, claims analysts, risk assessors, and consultants.

What are the typical challenges faced by professionals working in cyber insurance?

Professionals in Cyber Insurance often face the challenge of keeping up with the rapidly changing landscape of cyber threats and evolving regulations. Assessing and pricing cyber risk requires continuous learning and close collaboration with both cybersecurity experts and corporate clients. Workdays can include analyzing client security measures, crafting customized policy terms, and responding quickly to active cyber incidents. Success in this role often depends on the ability to adapt quickly and communicate complex concepts clearly to clients and team members.

What are the key skills and qualifications needed to thrive in cyber insurance, and why are they important?

To thrive in Cyber Insurance, a strong foundation in cybersecurity risk assessment, insurance underwriting, and knowledge of cyber threats is essential, typically supported by a degree in finance, risk management, or information security. Familiarity with risk modeling tools, claims management software, and certifications such as CISSP or CPCU are highly valuable. Exceptional analytical thinking, communication, and negotiation skills help professionals stand out in navigating complex cyber risks and policy terms. These competencies are critical to accurately assess client risks, tailor coverage, and effectively respond to emerging threats in a rapidly evolving digital landscape.

What are the most commonly searched types of Cyber Insurance jobs in Chicago, IL?

The most popular types of Cyber Insurance jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Cyber Insurance jobs?

Cities near Chicago, IL with the most Cyber Insurance job openings:

Infographic showing various Cyber Insurance job openings in Chicago, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 74% In-person, 6% Hybrid, and 20% Remote job distribution, with an average salary of $125,888 per year, or $60.5 per hour.

Actuary / Senior Actuary

At-Bay

Chicago, IL • On-site

Full-time

Re-posted 5 days ago


Job description

Actuary / Senior Actuary, Pricing
DRIVE PROFITABLE GROWTH FOR THE BUSINESS
About At-Bay
At-Bay is the world's first InsurSec provider designed from the ground up to help businesses tackle cyber risk head on. By combining industry-leading insurance with world-class cybersecurity technology, At-Bay offers end-to-end prevention and protection for the digital age. With 98% of cyber insurance claims in the past five years coming from small and mid-size businesses with revenue under $2B, providing an integrated solution to help manage risk is more critical than ever.
At-Bay helps its 35,000+ customers close their security technology and skills gap - all through their cyber insurance policy - making them less likely to be hit with a ransomware attack. As a full-stack insurance company, At-Bay offers multiple lines of specialty insurance, including Cyber, Tech E&O, and Miscellaneous Professional Liability (MPL) policies.
Why you should join our Actuarial Pricing team:
As an Senior Actuary on the Pricing team, you will be working under the risk function with talented team members in modeling, risk analytics, decision engine, insurance and tech product. The Pricing team has helped At-Bay launch new products, secure reinsurance capacity, quantify and manage risk related KPIs and adjust pricing to drive profitable growth.
You'll join a growing team of actuaries and actuarial analysts of diverse backgrounds and report to our Director, Pricing (Eric Murphy). You'll be surrounded by a team that loves what they do, leverages technology to improve efficiency & minimize duplicative work, and recognizes the enormous responsibility that they have - to support key business decisions with data backed insights and a deep understanding of insurance risk.
Role overview:
Your work will directly contribute to At-Bay's risk assessment framework that helps with data-driven decisions involving millions of dollars of exposure. This is a multidisciplinary role that includes developing deep professional lines knowledge, business acumen, research, and analytical skills. This is also a hands-on operational role where you'll see in house submission, quotes and binds and understand how each risk decision will impact on the business.
You will lead the development of pricing models for new professional & general liability products and work cross-functionally with Insurance & Tech Product, Underwriting, Claims, and Decision Engine teams on the implementation of those products. You will be responsible for driving At-Bay's professional lines product related initiatives and lead a wide variety of pricing projects, from inception to implementation, to understand the impacts and implications of pricing and underwriting initiatives on the business. As a Senior Actuary you will also be expected to manage up and cross functionally across various teams.
How you'll make an impact:
By 3 months...
  • You'll understand At-Bay's internal data structure and develop key relationships across the business
  • You'll have utilized the existing Cyber and Tech E&O rate plans, rater, forecasting tools and related data sources to analyze product performance and recommended actions to leadership based on your findings
  • You'll have a strong understanding of internal KPIs, developed benchmarks, and reviewed existing pricing segmentation and the overall rate adequacy of all products
  • You'll identify areas of improvement in our systems and processes and suggested solutions

By 6 months...
  • You'll have proposed and implemented changes to the Cyber and Tech E&O rate plan, detailed rating rules and associated business logic for the new product and achieved alignment from key stakeholders
  • You'll have worked with the Insurance Product head and other Tech Product, Underwriting, Claims, and Decision Engine teams to develop new product(s), support new product implementation and developed new tools to measure performance
  • You'll have collaborated with our Cyber Research team to identify and analyze potential new features to be introduced to the rate plan, shared your research with key stakeholders and implemented it into our production risk model
  • You'll help coach individuals and managers to understand actuarial analytics, Cyber pricing and risk, and how it differs from traditional pricing and other lines of business

What you've accomplished already:
  • You have experience analyzing profitability of developing personal and/or commercial lines products
  • You've evaluated the profitability of a portfolio of insureds using actuarial techniques and presented the results to senior leaders from multiple disciplines
  • You've lead pricing projects from end to end, collaborating and communicating cross functionally to ensure success
  • You've achieved your ACAS or FCAS
  • You've achieved proficiency with Excel and SQL, and have experience with Python and/or R
  • You've created and presented actuarial insights and recommendations to senior leadership, translating complex insurance analysis into clear, actionable strategies.

Our estimated base pay range for this role is $150,000-$185,000 per year. Base salary is determined by a variety of factors including but not limited to market data, location, internal equitability, domain knowledge, experiences and skills. In general, if the position sparks your interest we encourage you to apply - our team prioritizes talent.