Affinity & Partnerships Business Development Manager
At-BayAbout the role
About 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 5X 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.
Role Overview:
In this role you will report directly to the Head of National Broker Relations and help At-Bay focus on partnering with new affinity, association, bulk quoting, white-label, and program management opportunities across numerous industry verticals. This role will also work closely with the Field Leadership Team and Regional Managers aligning strategy, engagement, and connectivity across the US Market - amplifying At-Bay’s wholesale and retail strategy, enhancing existing relationships, identifying new opportunities, and driving strategic growth. You will ensure end-to-end success from sales, on-boarding, launch, and relationship management of new affinity opportunities - and ensure that partnerships scale and succeed over time.
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 form 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
Attributes and Qualifications
- 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 who
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