Senior Underwriter

6 days ago


New York County New York, United States Relm Insurance Full time

About Relm Insurance

Relm Insurance is a dynamic and innovative insurer based in Bermuda, regulated by the Bermuda Monetary Authority. Our mission is to contribute to the building of the future by creating solutions for complex risks in emerging markets.

Job Summary

We are seeking a highly skilled and experienced Senior Underwriter to join our Cyber team. As a Senior Underwriter - Cyber Risk Specialist, you will be responsible for underwriting, pricing, and negotiating complex and emerging Cyber risks in a manner that is consistent with our risk appetite.

Key Responsibilities

  • Underwrite, price, and negotiate complex and emerging Cyber risks 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 Insurance.

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.

What We Offer

We offer a comprehensive benefits package, including medical, dental, vision, life insurance, long-term and short-term disability, all paid at 100% for employees. We also offer up to 5% of salary 401(k) employer match, competitive compensation, 28 Days of PTO, training and mentorship opportunities, educational stipend, and an environment where your opinion is not only heard but crucial to our teams' success.


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