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Senior Risk Analyst

2 months ago


San Francisco, California, United States At-Bay Full time

Reinventing Cyber Insurance through Innovative Actuarial Approaches

Join At-Bay, a pioneering InsurSec provider dedicated to empowering businesses to proactively manage cyber risks. By fusing top-tier insurance with cutting-edge cybersecurity technology, At-Bay delivers comprehensive prevention and protection tailored for the digital era. In a world where over 98% of cyber insurance claims in recent years arise from small to midsize enterprises generating revenue under $2B, offering an integrated risk management solution has become paramount.

Here's why becoming a part of our Risk Analytics team makes sense:

  • Collaborate with a dynamic group of creative and tech-savvy professionals hailing from diverse backgrounds
  • Contribute to shaping strategic decisions by leveraging advanced analytics skills to interpret market trends and risk dynamics
  • Report directly to the Senior Manager of Risk Analytics, receiving mentorship and an opportunity to make a real impact

As a Senior Risk Analyst at At-Bay, your role involves:

  • Utilizing your actuarial expertise to devise original methods for assessing cyber risks and translating them into actionable insights
  • Exploring unconventional applications of traditional actuarial methods to manage risks in the ever-evolving cyber landscape
  • Fostering innovation through research and experimentation with statistical and mathematical techniques

Your anticipated contributions within the first months:

  • Gain insights into the cyber risk landscape and insurance market nuances
  • Experiment with advanced statistical models to dissect components of cyber risk, such as frequency and severity drivers
  • Develop a solid understanding of At-Bay's operational structure and data infrastructure
  • Conduct risk analysis to inform strategic decisions balancing profitability and growth

Expectations by the sixth month:

  • Synthesize individual elements of cyber risk to craft a holistic risk management strategy employing statistical models
  • Continue exploring novel techniques and models to address the complex cyber risk environment
  • Establish working relationships with key stakeholders to drive meaningful impact on the business
  • Collaborate with the Insurance Product Team to recommend risk actions based on data insights
  • Contribute to enhancing the Risk team's operational efficiency through automation and optimization

Key qualifications we seek:

  • Bachelor's Degree or higher in Mathematics, Actuarial Science, Statistics, Data Science, or related fields
  • Substantial actuarial experience, preferably with ACAS to FCAS or equivalent designation
  • Minimum of 3 years of Property & Casualty (P&C) experience in insurance, tech, insurtech, or consulting sectors
  • Hands-on experience in statistical modeling and data manipulation using SQL and Python

At-Bay offers a competitive base salary ranging from $140,000 to $160,000 annually, reflective of market standards and individual qualifications. If you are driven by innovation and seeking a rewarding opportunity, we invite you to explore this role with us.