At-Bay

Claims Specialist

At-Bay$80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years in insurance claims handling, with 30% in cyber insurance
  • Licensed claims adjuster, ideally with multiple state licenses
  • College degree or equivalent experience
  • Insurance practice experience as a paralegal may be accepted
  • Strong interpersonal and organizational skills

Responsibilities

  • Collaborate with internal teams and vendors to resolve cyber incidents
  • Evaluate coverage for claims and draft coverage letters
  • Build relationships and act as advisor for underwriting on claims trends
  • Foster feedback loops with underwriting and security teams
  • Cultivate strong relationships with brokers and insureds
  • Evaluate and manage exposure from cyber incidents
  • Report significant claims to management

Benefits

  • Supportive team culture valuing collaboration and feedback
  • Opportunity to directly impact underwriting technology and products
  • Recognition for service excellence and industry-leading loss ratio
  • Room for personal development and growth within the role
  • Encouragement for ongoing learning in the field of cyber insurance
Full Job Description
The team

The cyber claims team is the voice of our insured! At-Bay claims works closely with our security, cyber research, product and underwriting teams to connect the dots across rich data and improve At-Bay's ability to underwrite cyber risk. As a member of our cyber claims team you'll be surrounded by people that love what they do and a company that recognizes the value our team brings to the business. Our team is known for its industry leading loss ratio and service excellence which translates to helping our customers in time of need.

Your impact
  • Collaborate with internal team and external vendors to chart the best course for resolving cyber incidents
  • Evaluate coverage for claims and draft coverage letters
  • Build strong relationships across the company and act as trusted advisor for underwriting and risk function with regard to claims trends and development
  • Foster feedback loop with underwriting and security team to fuel the improvement of our products and automated UW engine
  • Cultivate strong relationships with brokers and insureds and deliver the excellent service for which At-Bay is distinguishing itself
  • Evaluate and manage exposure for cyber incidents
  • Report on significant claims to management
  • Evaluate and proactively set reserves
  • Focus on continuous improvement for everything we do from a claims perspective and in connection with UW and security feedback loop

In this role we value
  • Coachability to learn the dynamics of cyber insurance coverage
  • A sense of humor and a healthy dose of humility
  • Desire to have an impact far deeper than just the claims that you manage by collaborating across the company to understand the risks our insureds face and consistently improve our underwriting technology and products
  • Excellent communication skills and capable of credibly speaking to clients and partners regarding cyber incidents and At-Bay's value
  • Experience partnering with external stakeholders

Knowledge & experience
  • 3-5 years of insurance claims-handling experience; at least 30% of the claims you currently handle are in cyber insurance, including ransomware, business email compromise, business interruption, and financial fraud
  • Strong interpersonal skills
  • Strong organizational and multitasking skills
  • Dedication to delivering exceptional service to our customers

Education & qualifications
  • Licensed claims adjuster (good to have licenses in multiple states, and willingness to obtain more)
  • College degree or equivalent experience/education
  • Insurance practice experience as a paralegal also could be considered

Pay transparency paragraph: Our estimated base pay range for this role is $80,000-95,000 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.

About At-Bay

At-Bay is a San Francisco-based insurance company that specializes in cyber insurance. The company was founded in 2016 by Rotem Iram and Roman Itskovich, both of whom have backgrounds in cybersecurity. At-Bay offers a range of insurance products to protect businesses against cyber threats, including data breaches, ransomware attacks, and other forms of cybercrime. The company uses a combination of data analytics and risk assessment to provide customized insurance policies to its clients. At-Bay has partnerships with a number of leading cybersecurity companies, including CrowdStrike and SentinelOne.
Learn more about At-Bay
Size
100 employees
Industry

Similar Jobs

More Jobs at At-Bay

More Finance & Insurance Jobs

Find similar Claims Specialist jobs: