Cyber Underwriter (Wholesale)

At-Bay; New York (NY); On-site; USD 100,000 - 120,000; Full time

Job summary

A cutting-edge insurance tech firm seeks an Underwriter to manage and grow their wholesale broker base in New York. The successful candidate will leverage their expertise in specialty commercial insurance lines, particularly in cyber liability. Responsibilities include portfolio management, negotiating prices, and enhancing the underwriting process with technology teams. The estimated base pay for this role is between $100,000 and $120,000 annually, reflecting its importance within the organization.

Qualifications

• 1-3 years of experience as an underwriter in specialty insurance.
• Strong affinity for technology and analytics.
• Knowledge of DNS, IP addresses, ports, and databases is a plus.

Responsibilities

• Manage and grow the core wholesale broker base.
• Closely manage and monitor SMB book of business.
• Propose and negotiate terms for insurance policies.
• Solicit and analyze risk within guidelines.
• Collaborate with departments to enhance broker experience.
• Work with technology teams to improve underwriting tools.

Skills

Underwriting in cyber liability

Knowledge of specialty commercial underwriting

Advanced analytics software

Networking concepts

Job description

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.

Responsibilities

• Manage and grow At-bay’s core wholesale broker base and GWP, ensuring brokers receive world-class service at all times.
• Portfolio Management: closely manage and monitor an SMB book of business, ensuring financial targets are met and implementing strategies to optimize profitability.
• 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 for existing renewals and new business portfolio.
• Collaborate with cyber analytics, product, marketing, and other departments to make sure brokers receive the best At-bay has to offer.
• Work with technology and data teams to create tools to enhance the underwriting process.

Attributes and Qualifications

• Approximately 1-3 years of experience as an underwriter in cyber liability, Tech, Media E&O, Miscellaneous E&O, or other specialty commercial insurance lines.
• Solid knowledge of specialty commercial underwriting, insurance industry theories, and practices.
• Strong technology affinity and ability to work with advanced analytics software.
• Technical background; knowledge of DNS, IP addresses, ports, databases, and other software/computer networking concepts is a plus.
• Exceptional team player with a collaborative mindset and a modest ego.

Our estimated base pay range for this role is $100,000-$120,000 per year.

As set forth in At-Bay’s Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.