At a Glance
- Tasks: Lead the Financial Lines underwriting team and evaluate complex financial risks.
- Company: Relm Insurance is an innovative insurer based in Bermuda, focused on emerging technologies.
- Benefits: Enjoy 28 days of leave, comprehensive health coverage, and flexible work arrangements.
- Why this job: Join a diverse team redefining insurance with creativity and innovation at its core.
- Qualifications: Bachelor's degree required; 5+ years in underwriting leadership preferred.
- Other info: Be part of a company that values your voice and offers endless growth opportunities.
The predicted salary is between 43200 - 72000 ÂŁ per year.
Join to apply for the Vice President, Financial Lines role at Relm Insurance. Domiciled in Bermuda, with offices in London, Miami, New York and Dubai, Relm Insurance Ltd. is the first IIGB (Innovative Insurer General Business) insurer regulated by the Bermuda Monetary Authority. 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 VP, Financial Lines to join our team and play a key role in this mission. 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.
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.
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.
WHAT YOU'LL BRING TO THE TABLE
- 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’re a team of innovators, creators, and collaborators who are redefining what’s possible in the industry. 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 fostering an inclusive culture where every team member feels valued, supported, and empowered to do their best work. At Relm, you will have the opportunity to grow in your career, play a role in an industry transformation, and contribute to a team that celebrates creativity, collaboration, and innovation.
WHAT WE OFFER
- Comprehensive Health & Wellness Coverage: We fully cover 100% of your supplemental health, dental, vision, disability, and life insurance plans.
- Generous Pension Plan: Enjoy peace of mind with a 10% employer contribution to your pension.
- 28 Days of Paid Annual Leave: Take time to recharge with 28 days of vacation.
- Professional Growth & Development: We invest in your growth through continuous training, development programs, and mentorship opportunities.
- Travel & Commuting Perks: Benefit from travel incentives, including commuting and parking support.
- Wellness & Fitness Benefits: Stay fit and healthy with gym memberships and access to exercise classes.
- Your Voice Matters: Work in an environment where your ideas and opinions are valued.
- Endless Growth Opportunities: We offer multiple pathways for career advancement and personal development.
- Flexible Work Arrangements: Enjoy a hybrid work environment that supports your career while offering flexibility.
At Relm, you won’t just join a company - you’ll be part of a team that’s shaping the future. If you’re ready to make an impact, we’d love to hear from you.
Vice President, Financial Lines employer: Relm Insurance
Contact Detail:
Relm Insurance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Vice President, Financial Lines
✨Tip Number 1
Network with professionals in the insurance and financial sectors. Attend industry events, webinars, or conferences where you can meet potential colleagues or mentors who might provide insights into Relm Insurance's culture and expectations.
✨Tip Number 2
Familiarise yourself with the latest trends in Financial Lines insurance, especially in areas like Cyber Liability and D&O liability. Being well-versed in current market developments will help you stand out during discussions with the hiring team.
✨Tip Number 3
Prepare to discuss your leadership style and how it aligns with Relm's core values of Accountability, Collaboration, Curiosity & Creativity, and Courage & Optimism. Think of examples from your past experiences that demonstrate these qualities.
✨Tip Number 4
Consider reaching out directly to the Global Talent Acquisition Partner at Relm Insurance via LinkedIn. A thoughtful message expressing your interest in the role could make a positive impression and potentially open doors for further conversation.
We think you need these skills to ace Vice President, Financial Lines
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in underwriting and financial lines. Use specific examples that demonstrate your expertise in D&O liability, E&O liability, Cyber Liability, and EPL.
Craft a Compelling Cover Letter: Write a cover letter that reflects your understanding of Relm Insurance's mission and values. Emphasise how your skills align with their goals, particularly in evaluating complex risks and leading teams.
Showcase Leadership Skills: In your application, provide examples of your leadership experience in the insurance industry. Highlight how you've successfully managed teams and driven profitable growth in previous roles.
Highlight Analytical Abilities: Demonstrate your strong analytical skills by discussing specific instances where you conducted thorough risk assessments or developed pricing strategies. This will show your capability to evaluate complex risks effectively.
How to prepare for a job interview at Relm Insurance
✨Understand the Financial Lines Landscape
Before your interview, make sure you have a solid grasp of the various Financial Lines products, such as D&O liability, E&O liability, Cyber Liability, and EPL. Being able to discuss these topics confidently will demonstrate your expertise and readiness for the role.
✨Showcase Your Leadership Skills
As a VP, you'll need to lead a team effectively. Prepare examples from your past experiences where you've successfully managed teams, driven growth, or implemented innovative solutions. This will highlight your leadership capabilities and alignment with Relm's values.
✨Prepare for Risk Assessment Questions
Expect questions that assess your analytical skills and ability to evaluate complex risks. Be ready to discuss your approach to conducting thorough risk assessments and how you would determine appropriate coverage and pricing strategies in various scenarios.
✨Emphasise Cultural Fit
Relm values diversity, collaboration, and creativity. During the interview, share how your personal values align with theirs and provide examples of how you've contributed to an inclusive culture in previous roles. This will show that you're not just a fit for the job, but also for the company culture.