Senior Underwriter, Financial Lines (VP)

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 Financial Lines VP 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.  

WHO WE ARE LOOKING FOR

As the Financial Lines, you will play a critical role in leading our Financial Lines underwriting team. You will be responsible for evaluating and underwriting complex risks within the financial sector, including Directors and Officers (D&O) liability, Professional Liability (E&O), Cyber Liability, and Employment Practices Liability (EPL). Your strategic insight, underwriting expertise, and leadership skills will drive profitable growth and ensure the delivery of exceptional service to our clients.

WHAT YOU WILL DO

• Evaluate and underwrite complex risks within the financial sector, including D&O liability, E&O liability, Cyber Liability, and EPL.
• Conduct thorough risk assessments and analysis to determine appropriate coverage and pricing strategies.
• Review and analyze underwriting data, market trends, and industry developments to identify emerging risks and opportunities.
• Build and maintain strong relationships with clients, brokers, and industry partners.
• Collaborate with the sales and marketing teams to develop and execute effective client engagement strategies.
• Provide expert advice and solutions to clients, addressing their unique insurance needs and requirements.
• Manage and optimize the Financial Lines underwriting portfolio, ensuring a balanced and profitable book of business.
• Monitor portfolio performance and trends, making recommendations for portfolio adjustments as needed.
• Implement risk mitigation strategies and loss prevention measures to minimize exposure and maximize profitability.

• Bachelor's degree in Business, Finance, Risk Management, or related field; Master's degree preferred.
• Minimum of 5 years of experience in underwriting leadership roles within the insurance industry, with a focus on Financial Lines.
• Extensive knowledge of Financial Lines products and coverages, including D&O liability, E&O liability, Cyber Liability, and EPL.
• Strong analytical skills and ability to evaluate complex risks and underwriting data effectively.
• Excellent leadership, communication, and interpersonal skills.
• Professional designations such as CPCU, RPLU, or ARM preferred.

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$250,000 to USD$280,000, depending on experience and qualifications.

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

·       Professional development, training and mentorship opportunities

·       Wellness stipends

·       An environment where you opinion is not only heard but crucial to our teams’ success

·       A multitude of growth  

·       Flexible and family friendly with a hybrid approach