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Vice President, Cyber Underwriting

Vice President, Cyber Underwriting

Arora StrategiesNew York, NY, US
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Relm Insurance Ltd. Job Posting

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 focused on its Vision of "Making Innovation Resilient" by providing insurance to companies pioneering new technology frontiers in over 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.

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 we continue leading the way in emerging industries, we're looking for a Vice President, Cyber to join our team and play a key role in this mission.

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.

We bring these values to life every day whether by collaborating on innovative solutions, tackling challenges with optimism, or pushing boundaries with creativity and courage.

What You Will Do :

  • Direct the underwriting strategy, process, planning, reporting, forecasting, business development and innovation for the Cyber insurance book of business
  • Underwrite, price, and negotiate risks in a manner that is consistent with Relm's risk appetite to ensure profitability, retention, and written premium goals are achieved
  • Provide a professional layer of leadership, mentorship, and management to the underwriting team, fostering a high-performance culture and promoting continued growth, training, and development of junior underwriting and administrative staff
  • 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
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