Cyber Risk Engineer

Are you looking for your next opportunity? 

Sompo has a unique opportunity for a Cyber Risk Engineer as part of our Sompo Pro team.  

Our Sompo Pro Underwriting team offers Cyber, Tech E&O, Miscellaneous Professional Liability, Insurance Agents E&O, and Architects and Engineers E&O for primary and excess risks. The Cyber Risk Engineer will support & collaborate with our cyber underwriting group by providing technical assessments of the vulnerabilities, cybersecurity defenses, business continuity preparedness, and other critical security risk management practices of our customers and prospect customers.  

Location: This position supports our Sompo Pro business across the US and is able to sit in any of the following US Locations: Alpharetta, GA; Dallas, TX; Denver, CO; Chicago, IL; Los Angeles, CA; Conshocken, PA; Boston, MA. 

Our business, your impact, our opportunity: 

What you’ll be doing: 

• Support Risk Analysis objectives 

• Works with leadership team to ensure Cyber Underwriters have a thorough understanding of cyber risk before they make decisions on pricing and terms 

• Designs and supports cyber risk engineering workflows between underwriters, claims, and partners 

• Develops and delivers technical cyber trainings to underwriters, claims, and other personnel 

• Support Loss Control objectives 

• Develops and maintains a system to analyze application and claims information to correlate program performance 

• Reports on areas of concentrated and emerging risk according to appetite 

• Brief underwriting leadership on relevant portfolio risk and recommended courses of action 

• Support customer and partner relationship growth objectives 

• Manages third-party technical vendors that partner with Sompo to deliver additional value to our customers 

• Meets with customers and broker partners to explain our risk engineering methodology/underwriting support and value-added cyber services.  Through in person or remote consultations, may recommend and coordinate the delivery of those services (i.e. Tabletops, Pen tests and other security services).  

• Engages in thought leadership initiatives (claims studies, blogs, podcasts, articles, presentations) 

Additional responsibilities: 

• Support international cyber underwriting teams 

• Support cyber CAT-modeling scenario development 

• Other Duties as assigned 

What you’ll bring: 

• Bachelors degree or 4+ years Intelligence Community or cyber-related MOS experience (MOS incl. but not limited to: 17A, 17C, 35-series, 184X, 1N0X1) 

• 5+ combined years in a technical role with customer-facing responsibilities such as a cybersecurity consultant, SOC Manager, incident responder, or Sales Engineer 

• Working knowledge of enterprise security tools, their capabilities, and configuration (incl. but not limited to: attack surface management, identity security, backup & recovery, EDR/XDR/MDR) 

• Strong written and verbal communication abilities to convey complex technical topics to non-technical individuals 

• Strong knowledge of cybersecurity risk management frameworks and standards (MITRE, NIST CSF, NIST 800-53, etc...) 

• Broad understanding of cybersecurity software capabilities, architecture, and risk management principles 

• Experience leading information security related working groups, steering committees, or cross-functional teams is a plus 

• Experience analyzing technical and business data and recommending courses of action for risk mitigation 

• Basic understanding of the role of cyber insurance as a risk transfer solution 

Definitions: 

Risk Engineering: The process of supporting insurers and insured parties by identifying potential risks, evaluating the likelihood and impact of losses, and recommending measures to reduce risks. This process helps insurers set appropriate policy terms and assists businesses in improving safety and loss prevention. 

Loss Control (AKA Risk Control): A proactive risk management strategy designed to reduce the likelihood and severity of potential losses for both the insurer and policyholders by assessing active portfolio-wide risk exposure against historical claims and business data to institute reasonable and appropriate changes to appetite and underwriting guidelines. 

Salary Range: $160,000 - $190,000 Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.  At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees. 

Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.  

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs: 

• Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution 

• Pharmacy benefits with mail order options 

• Dental benefits including orthodontia benefits for adults and children 

• Vision benefits 

• Health Care & Dependent Care Flexible Spending Accounts 

• Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children 

• Company-paid Disability benefits with very competitive salary continuation payments 

• 401(k) Retirement Savings Plan with competitive employer contributions 

• Competitive paid-time-off programs, including company-paid holidays 

• Competitive Parental Leave Benefits & Adoption Assistance program 

• Employee Assistance Program 

• Tax-Free Commuter Benefit 

• Tuition Reimbursement & Professional Qualification benefits 

In today’s world, what do we stand for? 

Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success, and that when relationships are held in the highest regard, there is nothing that cannot be accomplished. At Sompo, our ring is more than a logo, it is a symbol of our promise. Click here to learn more about life at Sompo. 

Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone’s unique contributions – we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.