Job Description

WHO WE ARE

Based in Bermuda, Relm is the first IIGB (Innovative Insurer General Business) insurer regulated by the Bermuda Monetary Authority (“BMA”). Since inception, Relm has remained focus on its Vision of “Making Innovation Resilient” by providing insurance to companies pioneering new horizons in technology in more than 35 countries around the world. Relm’s dynamic global team has executed market-leading insurance solutions for companies operating in Alternative Therapeutics, Cannabis, Web3, AI, fintech, biotech and other important emerging sectors.

WHAT WE ARE LOOKING FOR

At Relm, our Mission is “To contribute to the building of the future by creating solutions for complex risks in innovative markets.” In our pursuit to lead the market in these emerging areas of innovation, we're in search of a dynamic and exceptional Senior Underwriter to join our Cyber team. This high-impact and Senior Underwriting role offers an extraordinary opportunity for a goal-driven, innovative, and creative individual to be challenged and contribute to the building of a high-growth portfolio.

WHAT YOU WILL DO:

• Underwrite, price, and negotiate complex and emerging Cyber risks in a manner that is consistent with Relm’s risk appetite to ensure profitability, retention, and written premium goals are achieved
• Negotiate, prepare, and draft policy and endorsement wording
• Create and develop relationships with brokers and policyholders to establish new distribution relationships and sales channels
• Attend and occasionally present at industry conferences, as needed and as the opportunity presents itself
• Collaborate with colleagues to achieve company goals and drive cross-sell opportunities
• Assist with strategic underwriting planning by developing and maintaining suitable management information to effectively evaluate the portfolio
• Maintain compliance with all internal and external underwriting and regulatory guidelines, standards, and legal requirements
• Engage in ad-hoc projects and tasks as assigned to contribute to the continuous improvement and growth of Relm

Requirements

• Minimum of 5 years of Cyber insurance underwriting and/or broking experience
• A bachelor’s degree, or equivalent, in business, insurance, cyber security, or a related discipline
• Robust relationships with key BDA, US and UK wholesale and retail brokers
• Experience with policy and endorsement wording negotiation, preparation, and drafting
• Exceptional organizational and time management skills
• Creative problem-solver with strong critical thinking skills, an ethical approach to getting things done, and an ability to apply different perspectives across the spectrum
• Ability to work in a fast-paced and dynamic work environment
• A confident communicator who can clearly and authentically convey a written and verbal message, skillfully persuade, and craft a constructive argument
• Advanced skills across all Microsoft Office applications (familiarity with Mac OS is a plus)
• Excellent interpersonal skills and comfort with leading client and broker meetings
• Exceptional attention to detail and work ethic
• Ability to work outside of core hours and travel overseas, as required

NICE TO HAVE QUALIFICATIONS, SKILLS, AND EXPERIENCE:

• Professional designation in insurance underwriting, such as CPCU, ACII, AU, or similar
• Strong interest and conceptual comprehension in Blockchain, Alternative Therapeutics, Biotech, Autonomous Vehicles, Cannabis, or AI will be a differentiator

The annual salary for this role is structured within a range of USD$130,000 to USD$170,000, depending on experience and qualifications.

Benefits

WHAT WE OFFER 

• A comprehensive benefits package, including medical, dental, vision, life insurance, long-term and short-term disability, all paid at 100% for employees.
• Up to 5% of salary 401(k) employer match
• Competitive compensation
• 28 Days of PTO

• Training and mentorship opportunities
• Educational stipend
• An environment where you opinion is not only heard but crucial to our teams’ success
• A multitude of growth

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