Assistant Vice President, Underwriting
: Job Details :


Assistant Vice President, Underwriting

At-Bay

Location: all cities,IL, USA

Date: 2024-12-18T04:02:53Z

Job Description:

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 5X 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.

Role Overview:

At-Bay has established itself as the cyber underwriting leader in the SMB space. As we continue to move up market, you'll underwrite high value and complex cyber risk coverage specifically targeting middle market risks. In this role you'll focus on new business. You'll build long-term relationships that continue to provide value and service by offering solutions to the most challenging problems. You can expect to work closely with underwriting leadership, business development and insurance product teams. Your feedback and business expertise will help establish a strong presence for the middle market.

Responsibilities

  • Build and manage At-Bay's core broker base and GWP in the middle market, ensuring our brokers receive world-class service at all times.
  • Propose and negotiate price, coverage, and terms for insurance policies, actively identifying account rounding opportunities.
  • Solicit and analyze risk within At-Bay's guidelines, ensuring proper documentation for existing renewals and new business portfolio.
  • Collaborate with cyber analytics, product, marketing, and other parts of At-Bay to ensure brokers receive the best At-Bay has to offer.
  • Work with technology and data teams to create tools that enhance the underwriting process.
  • Engage in regional travel to participate in company events and foster relationships with brokers.

    • Attributes and Qualifications

  • About 10+ years of proven experience as an underwriter or account executive in cyber liability and Tech E&O, with solid knowledge of specialty commercial underwriting and insurance industry theories and practices.
  • Strong technology affinity and ability to work with advanced analytics software.
  • Amazing team player; you make everyone else on the team better and don't let your ego get in the way.
  • Driven individual who finds deep satisfaction in getting things done, not afraid to cross the t's and dot the i's.
  • Comfortable working in a fast-paced, dynamic tech environment.
  • Clear, concise communication style.
  • As a seasoned Underwriter, you will actively participate in mentoring fellow Underwriters, leveraging your extensive experience to foster their professional development and contribute to the overall success of the team.

    • Our estimated base pay range for this role is $140,000-170,000 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.

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