Cyber Claims Counsel

Position Overview

• Location Type: Remote
• Employment Type: Full-time
• Salary: Not specified

At-Bay is seeking a Cyber Claims Counsel to join their team. This role focuses on collaborating with internal and external vendors to resolve cyber incidents, evaluating coverage, and building relationships with brokers and insureds. The ideal candidate will have a strong understanding of current cyber trends and a desire to improve At-Bay’s underwriting technology and products.

Requirements

• Knowledge of current cyber trends
• Strong communication skills (written and verbal)
• Ability to build and maintain relationships with brokers and insureds
• Humility and a sense of humor
• Desire to have an impact beyond individual claims

Responsibilities

• Collaborate with internal teams 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 a trusted advisor for underwriting and risk function regarding claims trends and development.
• Foster feedback loop with underwriting and security teams to fuel the improvement of At-Bay’s products and automated underwriting engine.
• Evaluate and manage exposure for cyber incidents and third-party litigation.
• Develop strategy for handling third-party litigation for cyber and technology claims.
• Report on significant claims to management.
• Evaluate and proactively set reserves.
• Continuously improve claims processes and collaborate with underwriting and security teams.

Company Information

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. 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.