Cyber Facility Program Manager

Aon • New York, NY

68d • $140,000 - $180,000

About The Position

Aon Reinsurance Solutions is a leading Cyber Reinsurance Intermediary dedicated to delivering innovative risk transfer solutions for cyber exposures. We operate at the intersection of reinsurance, risk management, and data-driven decision making to support our clients and partners. We are seeking a cyber underwriting professional to serve as the lead administrator for a Cyber (re)insurance facility. The successful candidate will function as a senior manager, administrator, and underwriter for this facility, ensuring that each submission aligns with the facility's risk appetite, while supporting facility governance, oversight, stewardship, and reporting obligations.

Requirements

• Bachelor's degree.
• Advanced degree or professional designations (e.g., CPCU, ARe, ARM, CFA) are a plus.
• 7+ years of underwriting experience, with at least five years of dedicated cyber underwriting experience insurance and of direct experience with program administration and portfolio governance is also highly valued.

Nice To Haves

• Demonstrated ability to interpret complex risk information, perform data-driven analyses, and assess cyber insurance policy language.
• Strong understanding of the cyber peril, current cyber threat landscapes, and key underwriting controls.
• Proven track record of making sound, governance-focused decisions with an emphasis on prudent risk-taking.
• Excellent collaboration and communication skills, with the ability to influence stakeholders at multiple levels.
• Detail-oriented with strong organizational and documentation capabilities.
• Proficiency with Microsoft Excel, Word, PowerPoint, etc.

Responsibilities

• Conduct careful underwriting diligence on cyber submissions submitted to the Facility.
• Assess deal fit against the facility's defined risk appetite, guidelines, and governance criteria.
• Review and validate proposed terms, limits, retentions, pricing signals, and structure to ensure consistency with the program's objectives.
• Collaborate with internal and external team members to gather pertinent information and clarify key information.
• Maintain and reference a formal decision framework (e.g., risk appetite matrix, approval thresholds, and policy manuals) for deal evaluations.
• Raise complex or borderline cases to senior leadership with well-supported recommendations.
• Ensure completeness and quality of submissions, including risk assessments, incident history, controls, and remediation plans.
• Steward the integrity and accuracy of program data, ensuring consistent and reliable encoding into internal systems.
• Ensure the delivery of timely, high-quality reporting to external facility partners.
• Monitor portfolio concentration, exposure limits, and aggregation across the Facility; propose adjustments as needed.
• Facilitate governance review processes, including documentation of approvals, exceptions, and rationale.
• Provide guidance on how proposed arrangements align with regulatory and contractual requirements.
• Support continuous improvement initiatives for the program, including updates to policy language, templates, and risk assessment methodologies.
• Maintain up-to-date understanding of cyber risk trends, threat landscapes, and technological developments relevant to the Facility.

Benefits

• 401(k) savings plan with employer contributions
• Employee stock purchase plan
• Medical, dental and vision insurance
• Various types of leaves of absence
• Paid time off, including 12 paid holidays throughout the calendar year
• 15 days of paid vacation per year
• Paid sick leave as provided under state and local paid sick leave laws
• Short-term disability and optional long-term disability
• Health savings account
• Health care and dependent care reimbursement accounts
• Employee and dependent life insurance and supplemental life and AD&D insurance
• Optional personal insurance policies
• Adoption assistance
• Tuition assistance
• Commuter benefits
• Employee assistance program that includes free counseling sessions

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Professional, Scientific, and Technical Services
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees