Vice President, Cyber Underwriting
About the role
Relm is the only specialty insurer dedicated to supporting the world’s most innovative industries. This role is part of Relm's U.S. Cyber team and plays a key role in the company's next phase of growth.
Responsibilities
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
Requirements
Minimum of 10 years of Cyber insurance underwriting and/or broking experience
A bachelor’s degree, or equivalent, in business, cyber security, computer science, insurance, actuarial science, or a related discipline
Robust relationships with key US and UK wholesale and retail brokers
Experience with policy and endorsement wording negotiation, preparation, and drafting
Exceptional organizational and time management skills
Superb leadership qualities with the capability to build comradery in a global team
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, setting an example for others
Ability to work outside of core hours and travel overseas, as required
Qualifications
Experience with policy and endorsement wording negotiation, preparation, and drafting
Exceptional organizational and time management skills
Superb leadership qualities with the capability to build comradery in a global team
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, setting an example for others
Ability to work outside of core hours and travel overseas, as required
Skills
Strong technical underwriting expertise
Commercial acumen
Proactive, market-facing mindset
Strategic thinking
Broker relationship building
Policy and endorsement drafting
Collaborative work environment
Ad-hoc project management
Compliance with internal and external guidelines
Benefits
Paid Public Holidays: Enjoy ten (10) paid public holidays each year
Generous Paid Time Off (PTO): You’ll receive 28 days of Paid Time Off (PTO) annually
Full Health Coverage: The company fully covers your medical, dental, vision, life, and disability insurance
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
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
Wellness Benefits: Stay healthy and active with access to gym memberships, exercise classes, and other wellness perks
Your Voice Matters: Work in an environment where your opinions and ideas are valued
Endless Growth Opportunities: Enjoy a multitude of career growth opportunities
Pay
The annual salary for this role is structured within a range of USD $225,000 to USD $250,000, depending on experience and qualifications.
Schedule
Not specified