Senior Underwriter, Cyber and Tech E&O - Relm Insurance : Job Details

WHO WE ARE:

Domiciled in Bermuda, with offices in London, Miami, New York and Dubai, Relm Insurance Ltd. (“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 web3, AI, financial technology, biotech and other important emerging sectors.

WHAT WE ARE LOOKING FOR:

At Relm Insurance Ltd, our Mission is “To contribute to the building of the future by creating solutions for complex risks in innovative markets.” As part of our journey to lead the market in emerging sectors, we are looking for an experienced Senior Underwriter, Cyber and Tech E&O to join our dynamic team.

At Relm, we believe in fostering a diverse and inclusive culture, where everyone is empowered to bring their unique perspectives and ideas. Our core values of Accountability, Collaboration, Curiosity & Creativity, and Courage & Optimism are central to who we are, and we strive to bring these values to life every day.

At all times this individual must embody Relm's Core Values of Accountability, Collaboration, Curiosity & Creativity, and Courage & Optimism and continually reinforce the importance of these values with all team members.

WHAT YOU WILL DO:

• Underwrite, price, and negotiate complex and emerging Technology and 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

WHAT YOU'LL BRING TO THE TABLE:

• Minimum of 5 years of emerging Technology and 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
• 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

Benefits

WHY YOU'LL LOVE WORKING WITH US

At Relm, we are not just another insurance company – we are a team of innovators, creators, and collaborators who are shaping the future of insurance. We value each individual's unique skills and experiences and offer a workplace where creativity, innovation and diversity are at the heart of everything we do.

We are deeply committed to building an inclusive culture, where every team member feels supported and empowered to do their best work. At Relm, you will have the opportunity to grow in your career, be part of an exciting industry transformation, and contribute to a team that celebrates creativity, collaboration, and innovation.

The annual salary for this role is structured within a range of USD $160,000 to USD $180,000, depending on experience and qualifications.

WHAT WE OFFER

• Paid Public Holidays: Enjoy ten (10) paid public holidays each year, giving you the opportunity to unwind and recharge.
• Generous Paid Time Off (PTO): You'll receive 28 days of Paid Time Off (PTO) annually, giving you the flexibility to take care of personal matters, vacation, or sick days.
• Full Health Coverage: The company fully covers your medical, dental, vision, life, and disability insurance to ensure you and your family are well taken care of.
• 401K Program with Company Match: Plan for your future with access to the company's 401K program, including a 5% company match.
• Professional Development & Mentorship: We invest in your growth through professional development opportunities, training, and mentorship programs, helping you advance in your career.
• Wellness Stipend: Take care of yourself with a monthly wellness stipend to support your health and well-being.
• Commuting & Travel Reimbursement: We offer a commuting reimbursement to help with transportation costs, including parking, making your daily commute easier.
• Wellness Benefits: Stay healthy and active with access to gym memberships, exercise classes, and other wellness perks that promote a balanced lifestyle.
• Your Voice Matters: Work in an environment where your opinions and ideas are valued and play a crucial role in driving the success of our team.
• Endless Growth Opportunities: Enjoy a multitude of career growth opportunities, ensuring that you have the resources to thrive and advance within the company.

At Relm, you won't just join a company - you'll be part of a team that's shaping the future. If you're ready to make an impact, we'd love to hear from you.