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Full-Time

Affinity & Partnerships Business Development Manager

Confirmed live in the last 24 hours

At-Bay

At-Bay

201-500 employees

Cybersecurity-focused insurance underwriting services

Cybersecurity
AI & Machine Learning
Financial Services

Compensation Overview

$110k - $120kAnnually

Senior

Chicago, IL, USA

Category
Business Development
Business & Strategy
Requirements
  • Minimum of 5 to 7 years experience in the US commercial insurance industry
  • Knowledge and established relationships within the US commercial insurance industry - with a preference towards candidates in carrier roles responsible for API-integrations, digital distribution solutions, and managing affinity and programmatic trading opportunities
  • Candidate should have working knowledge of commercial underwriting, pricing and coverages prevalent in SMB and middle market professional lines products including cyber, MPL, and Tech E&O
  • The ideal candidate will have an exceptional reputation in the market with wholesale and retail brokers, and other relevant stakeholders
  • Strategic mindset to assess how At-Bay can differentiate from its competitors and an open-minded approach to considering and developing alternative and non-traditional distribution opportunities
  • The ideal candidate is a self-starter, who maintains the highest-level of personal accountability. Equally as important, this person must have the charisma and executive presence to influence and build meaningful relationships with a broad and diverse set of wholesale and retail brokers
  • Passionate about the business and takes a sincere interest in the success of customers and partners
  • This candidate must be a phenomenally effective communicator, with outstanding experience calling on and negotiating with the brokerage community
  • Recognize development needs and coach to improve performance - and ensure that colleagues and teams have the support and resources needed to be successful
  • Candidate should be able to effectively build commitment and excitement and win support and resources for initiatives at multiple levels both inside and outside the organization
  • An ability to inspire trust and followership in others through compelling influence, powerful charisma, passion in their beliefs, and active drive
  • Team player with the ability to influence in the absence of authority
  • Comfort working in a start-up environment where the pace of change is fast and teams are continuously evolving
  • You own the outcomes of your role. Having the ability to work independently with minimal supervision and oversight are critical in this role.
Responsibilities
  • The successful candidate will be proactive in building relationships with wholesale and retail brokers to develop and manage new affinity, association, bulk quoting, white-label, and program management relationships which leverage At-Bay’s API-driven digital distribution tools, investments and capabilities
  • Ideal candidate will assist At-Bay in developing strategies and tactics to engage industry-focused affinity opportunities in areas such as professional and trade associations, hospitality & leisure, non-profits, restaurants, retailers, sharing economy, and other homogeneous risk pools
  • Collaborate with the Head of National Broker Relations, Head of Field, and Partnerships verticals at At-Bay to develop penetration strategies for new and existing affinity arrangements to drive revenue for both At-Bay, our broker partners, and sponsors
  • Develop a pipeline of prospective opportunities, hold meetings, seminars/webinars - and manage outbound email and social media campaigns to source partnership opportunities
  • Work with At-Bay’s Regional Managers and underwriters to develop national and regional business plans that drive the sales and development of new and existing affinity opportunities
  • Project manage all RFP/RFI requirements which result from sales and business development activities
  • Ensure strong execution and management of sales process including memorializing contacts, competitive intelligence, and market engagement via the use of At-Bay’s CRM systems
  • Maintain strong relationships and rapport with senior level professional counterparts at wholesale and retail brokerages, clusters, aggregators, rating platforms, AMS, and adjacent affinity partners
  • Attend and participate in industry events and conferences to build up a strong professional network, maintain proximity to the market and represent At-Bay as a thought leader in affinity and digital distribution solutions
  • Ensure that the Partnerships team is staging the sales experience consistently and effectively, and provide customer success feedback and guidance to the broader At-Bay leadership team
  • Maintain seamless alignment with At-Bay’s other market-facing executives throughout the development and execution of strategic broker initiatives
  • Strive to always 'deliver the firm' by aligning client strategies and needs to At-Bay’s capabilities in digital distribution, underwriting, security, and claims

At-Bay is well-regarded for seamlessly blending cutting-edge cyber security technology with robust insurance services, setting a high standard in risk management and data protection. The company's advanced automated underwriting platform facilitates efficient processes, delivering immediate, bindable quotes which streamlines the client experience. Coupled with actionable security insights provided to brokers, At-Bay fosters a proactive work environment and industry leadership in cyber risk mitigation.

Company Stage

Series D

Total Funding

$275.7M

Headquarters

San Francisco, California

Founded

2016

Growth & Insights
Headcount

6 month growth

6%

1 year growth

4%

2 year growth

33%
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.

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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