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Relm Insurance

Specialty insurer for emerging high-risk sectors

Senior Underwriter - Financial Lines & Cyber, Assistant Vice President

UnderwritingPosted on Nov 11
Full-timeHamilton, BermudaNo salary listedIn-person

About the Job

Requirements

  • At least 7 years of relevant underwriting experience, ideally in Financial Lines, Cyber, or related specialty insurance classes.
  • Strong technical understanding of underwriting principles, policy wordings, pricing, risk assessment, and portfolio management.
  • Ability to evaluate and negotiate complex risks while balancing commercial opportunities with disciplined underwriting decisions.
  • Established broker relationships and confidence in developing new business opportunities and long-term market partnerships.
  • Strong commercial judgment and analytical skills, with the ability to make sound, independent underwriting decisions.
  • Ability to communicate and build relationships with brokers, clients, and internal stakeholders.
  • Experience mentoring or supporting junior colleagues, with an interest in contributing to team development.
  • A bachelor's degree or equivalent professional experience.

Responsibilities

  • Independently evaluate, price, negotiate, and underwrite complex Financial Lines and Cyber risks, making commercially sound decisions within established underwriting authority.
  • Contribute to developing and executing underwriting strategies that drive profitable growth, portfolio diversification, and long-term performance.
  • Monitor portfolio trends, emerging exposures, and underwriting results, using data and market insights to identify opportunities and manage risk.
  • Support the development of insurance solutions for emerging industries and evolving risk landscapes.
  • Build and strengthen relationships with brokers, clients, and key market partners, positioning Relm as a trusted and responsive underwriting partner.
  • Identify and pursue new business opportunities while maintaining a focus on retention, portfolio quality, and sustainable growth.
  • Represent Relm in broker meetings, industry events, and relevant market forums, strengthening its presence in Bermuda and internationally.
  • Provide guidance, coaching, and technical support to junior underwriters and underwriting support colleagues.
  • Partner with senior underwriting leadership to shape portfolio priorities and contribute to business planning and performance discussions.
  • Work with colleagues across Product, Claims, Legal, Compliance, and Risk to deliver effective underwriting solutions.
  • Contribute ideas to improve underwriting processes, operational efficiency, and the use of technology and data.
  • Maintain underwriting discipline, documentation standards, and regulatory compliance.

Desired Qualifications

  • Insurance qualifications such as CPCU, ACII, AU, or RPLU.
  • A proactive, adaptable, and solutions-focused mindset, with an interest in emerging risks and evolving insurance markets.

About the Company

Relm Insurance

Specialty insurer for emerging high-risk sectors

Relm Insurance provides specialty coverage for emerging and high-risk sectors, focusing on digital assets, Web3, AI, space economy, fintech, cannabis, and alternative therapeutics. It underwrites policies by using analogous data and deep, sector-specific risk knowledge to tailor coverages such as staking/slashing, smart contract failures, crypto theft, and D&O for token issuers, while adapting core lines like cyber, crime, and professional liability; Relm II, a collateralized reinsurance facility launched in 2022, accepts fiat and digital-asset collateral to increase crypto capacity. The company differentiates itself by filling gaps where historical data is scarce, holding an A, Exceptional rating from Demotech and a Bermuda Monetary Authority license with the Innovative Insurer designation, backed by a bespoke, risk-focused approach. Its goal is to enable growth in cutting-edge industries by providing tailored, capacity-backed insurance where traditional markets cannot.

Company size
51-200
Company stage
Not listed
Total funding
Not listed
Headquarters
Hamilton, Bermuda
Founded
2019

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