What are the responsibilities and job description for the Insurance Product Counsel - Cyber position at At-Bay?
Insurance Product Counsel - Cyber
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 and innovative security solutions — 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.
Why you should join our Insurance Product team
The team that you’ll be a part of impacts the company’s core insurance products and growth across all distribution channels. In the past six months we’ve helped the company achieve strong underwriting results in a dynamic risk environment, developed new insurance and security products to enhance our value proposition in a constantly evolving marketplace, and partnered with underwriting leadership to execute on the strategic vision of the business.
We value speed to market and setting up our internal/external customers for success. You’ll be surrounded by a team that recognizes the enormous responsibility that they have – to build great products and skillfully manage risk on the frontiers of commercial insurance.
Role Overview:
We are seeking an experienced Underwriting Product Counsel to join our Insurance Product team. In this pivotal role, you will leverage your expertise in cyber and professional liability insurance to develop and manage policy forms, coverage enhancements, and manuscript endorsements. You will collaborate closely with underwriting, claims, and legal teams to ensure our products meet market demands while aligning with regulatory standards. This position will drive strategic initiatives to enhance At-Bay’s market presence and support profitable growth.
How You'll Make an Impact in 3 Months:
- Gain a comprehensive understanding of our current insurance products and their positioning in the market.
- Establish relationships with key internal stakeholders across Underwriting, Claims, and Legal to facilitate effective collaboration.
- Begin evaluating existing policies and endorsements, identifying initial opportunities for updates or enhancements based on market trends and feedback.
How You'll Make an Impact in 6 Months:
- Lead the development and launch of new policy forms and coverage enhancements that address emerging risks and client needs in the cyber and professional liability landscape.
- Implement a structured approach to managing the policy form library, ensuring timely updates and compliance with regulatory requirements.
- Provide training and resources to underwriting staff, enhancing their understanding of policy language and improving their ability to respond to client inquiries.
What You've Already Accomplished:
- Demonstrated expertise in cyber and professional liability insurance, with a proven track record of developing and implementing insurance products from concept to launch.
- Successfully managed complex insurance transactional matters and provided strategic advice to senior business partners.
- Cultivated strong relationships within cross-functional teams, ensuring seamless collaboration and communication to achieve business objectives.
Location:
- 1 Post Street, San Francisco
- Hybrid work model with two to three designated in-office days per week
Our estimated base pay range for this role is $165,000-$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.
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Salary : $165,000 - $185,000
