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Underwriter / Senior Underwriter, Professional Liability (MPL)
At-Bay · Atlanta, Georgia, United States
Pay
$90k–115k
Setting
Remote
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Underwriter / Senior Underwriter, Professional Liability (MPL)
Atlanta, Georgia, United States; New York, New York, United States; Remote - Northeast
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About At-Bay
At-Bay is the insurance provider for the digital age. On a mission to build the next generation of insurance, At-Bay combines world-class technology with industry-leading insurance expertise to protect close to 40,000 businesses from Cyber, Tech E&O and Miscellaneous Professional Liability (MPL) risks.
At-Bay’s MPL line utilizes technology and automation to improve efficiencies in the underwriting process so that our dedicated PL team can focus on what matters the most - leaving their personal mark on our next major product, driving innovation, and contributing to the budding success of a leading InsurTech. With a core value of At-Bay’s to “Drive for Impact”, someone who has an entrepreneurial spirit and interest in working with senior leadership and product to develop the growing line will excel in this role.
Role Overview:
As an Underwriter / Sr. Underwriter, Professional Liability you’ll build out a new book of business centered around MPL and additional lines as they open up. Your impact goes beyond production–you’ll have influence over our GTM strategy, represent At-Bay at various marketing events and act as an SME to our internal teams. You will be responsible for reviewing and underwriting complex Professional Liability risks, developing pricing and risk strategies, and building and maintaining strong relationships with brokers and clients.
Responsibilities:
Executing marketing plans to increase market share with preferred brokers. Includes new business and retention goals.
Manage and grow At-bay’s core broker base and GWP, making sure our brokers are getting world-class service at all times.
Propose & negotiate price, coverage, and terms for insurance policies, and actively identify account rounding opportunities
Solicit and analyze risk within At-bay’s guidelines and ensure proper documentation. service existing renewals and new business portfolio
Collaborate with cyber analytics, product, marketing and other parts of At-bay to make sure brokers are getting the best At-bay has to offer
Work with technology and data teams to create tools to enhance the underwriting process
Attributes and Qualifications:
Hands-on experience with MPL/ professional liability insurance underwriting fundamentals and principles.
You possess solid knowledge of specialty commercial underwriting, and insurance industry theories and practices
Strong technology affinity, ability to work with advanced analytics software
You’re an amazing team player; you make everyone else on the team better and you don’t let your ego get in the way
You are a driven person who gets a deep satisfaction from getting things done, and is not afraid to cross the t’s and dot the i’s
You are comfortable working in a fast paced, dynamic tech environment
You have a clear, concise communication style
What you'll get
A competitive salary, benefits and options package
An amazing role and professional growth opportunity
Passionate, smart, and fun people to work with
Location: Preference will be given to candidates who can work a hybrid schedule in our NYC office
Our estimated base pay range for an Underwriter is $90,000-$115,000 per year and a Senior Underwriter role is $110,000-$145,000 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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Actuary / Senior Actuary (Remote)
At-Bay · Remote (US)
Pay
$150k–185k
Setting
Remote
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Actuary / Senior Actuary (Remote)
Remote (US)
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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.
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General Insurance Opportunities
At-Bay · Atlanta, Georgia, United States
Pay
Not listed
Setting
Remote
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General Insurance Opportunities
Atlanta, Georgia, United States; Chicago, Illinois, United States; New York, New York, United States; Remote - West; San Francisco, California, United States
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General Application
We are always looking for talented people to join our team! If you don't see a role that matches your skills and interests, please submit a general application, and we will contact you if a suitable opportunity arises.
About At-Bay:
At-Bay combines world-class technology with industry-leading insurance to help clients meet risk head-on. Partnering with brokers and business owners alike, we provide modern insurance products and active risk monitoring services for companies of every size and in every industry. Our team boasts many backgrounds and skills, from analysts and developers to designers and underwriters and everything in between — all working together to redefine what it means to be an insurance company.
We’re proud to be a diverse company and to have expertise from multiple industries driving our culture. At-Bay is expanding rapidly, and as we grow, we prioritize inclusive hiring practices and supportive team environments. We’re committed to building a company culture where people of all identities and backgrounds are empowered to thrive, develop their careers, and bring their full selves to work.
At-Bay is a globally distributed company with hubs in Atlanta, New York City, San Francisco, and Tel Aviv. To date, we have raised $292 million in funding from Acrew Capital, Glilot Capital, Icon Ventures, ION Crossover Partners, Khosla Ventures, Lightspeed Venture Partners, M12, entrepreneur Shlomo Kramer, and Qumra Capital.
At-Bay's Growing Teams:
Underwriting
Our Underwriting Team has helps brokers navigate complex cyber and specialty insurance products. The team has skilled underwriters in every major U.S. region, plus the technology, tools and resources to help deliver top-tier service. At-Bay offers up to $5M in limits to businesses up to $5B in revenue for both primary and excess Cyber and Technology E&O coverage, and up to $5m in limits to business up to $100M in revenue for primary Miscellaneous Professional Liability coverage. Sold exclusively through wholesale brokers, our industry-leading policies go beyond the basics to ensure exceptional coverage when needed the most!
Claims
The Claims Team works closely with our Security Team to provide active risk monitoring for our insureds and with our Product and Underwriting Teams to improve At-Bay’s ability to underwrite cyber risk. Each team member may handle roughly 80-120 1st and 3rd-party complex claims at any time. Examples of claims include data breaches, ransomware, and financial fraud. As proud ambassadors of At-Bay, the Claims Team is an incredibly collegial, collaborative, and high-performing team with a desire to have an impact far deeper than claims management.
Strategy
The Corporate Strategy Team is responsible for setting and aligning our Executive Team on the company direction, driving the execution of key strategic initiatives and incubating new business areas.
Risk
The Risk Team ensures the production quality of our core underwriting engine, which directly impacts billions of dollars of exposure. They guard our underwriting performance by enabling effective pricing and automatic decision rules. The Risk Team is responsible for crafting risk hypotheses and developing and tracking appropriate metrics. This team collaborates with cross-functional teams to push insights to production at a record speed.
Office Locations:
Atlanta
Chicago
New York
San Francisco
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We’d love to make sure we’re aligned — what salary range would you feel comfortable with for this position?
Will you now or in the future require At-Bay to commence or sponsor an immigration case in order to employ you? (for example, H-1B or other employment-based immigration cases)
Select...
Are you able to comply with our 3x per week hybrid reporting structure in one of our offices (New York City, San Francisco, Chicago, or Atlanta)?*
Select...
U.S. Standard Demographic Questions
We invite applicants to share their demographic background. If you choose to complete this survey, your responses may be used to identify areas of improvement in our hiring process.
How would you describe your gender identity? (mark all that apply)
Select...
How would you describe your racial/ethnic background? (mark all that apply)
Select...
How would you describe your sexual orientation? (mark all that apply)
Select...
Do you identify as transgender?
Select...
Do you have a disability or chronic condition (physical, visual, auditory, cognitive, mental, emotional, or other) that substantially limits one or more of your major life activities, including mobility, communication (seeing, hearing, speaking), and learning?
Select...
Are you a veteran or active member of the United States Armed Forces?
Select...
Submit application
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