Full-Time

Insurance Product Counsel

Cyber

Posted on 11/19/2024

At-Bay

At-Bay

201-500 employees

Provides insurance and cybersecurity solutions

Cybersecurity
Financial Services

Compensation Overview

$165k - $185kAnnually

Senior, Expert

San Francisco, CA, USA

Hybrid work model with two to three designated in-office days per week.

Category
Legal
Legal & Compliance
Requirements
  • 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.
Responsibilities
  • 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.
  • 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.

At-Bay provides businesses with solutions to manage cyber risk by combining insurance and cybersecurity technology. The company offers various types of specialty insurance, including Cyber, Tech Errors and Omissions (E&O), and Miscellaneous Professional Liability (MPL). At-Bay's approach integrates these insurance products with advanced cybersecurity services, allowing clients to address their cyber risk comprehensively. Unlike many traditional insurance providers, At-Bay focuses specifically on the intersection of insurance and cybersecurity, which sets it apart from competitors. The goal of At-Bay is to help businesses effectively manage and mitigate cyber risks while fostering an inclusive workplace and expanding its global presence.

Company Stage

Series D

Total Funding

$284M

Headquarters

San Francisco, California

Founded

2016

Growth & Insights
Headcount

6 month growth

8%

1 year growth

8%

2 year growth

28%
Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion of Cyber and Tech E&O coverage to larger enterprises opens new revenue streams and market opportunities.
  • Innovative solutions like At-Bay Stance™ and partnerships with industry leaders like CrowdStrike position the company as a pioneer in the InsurSec space.
  • Recent funding rounds and strategic hires, such as the appointment of Martina Trucco as CMO, indicate strong growth potential and a solid leadership team.

What critics are saying

  • The shutdown of Relay could indicate potential operational or strategic challenges within the company.
  • The rapidly evolving cyber threat landscape requires continuous innovation, which can strain resources and impact profitability.

What makes At-Bay unique

  • At-Bay uniquely integrates cybersecurity services with insurance, offering a comprehensive InsurSec solution that combines risk management and insurance coverage.
  • Their partnership with CrowdStrike enhances their cybersecurity capabilities, providing SMBs with advanced AI-driven threat detection and response.
  • At-Bay's focus on real-time risk assessments and AI-driven insights sets them apart in the cyber insurance market, enabling more accurate underwriting and proactive risk management.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health, dental, & vision

20 days paid vacation

401k

Paid parental leave

Quarterly wellness days & mental health resources

Flexible working hours & remote work

Investment in learning & development

Life insurance & disability