Vice President, Cyber Underwriting
Relm Insurance
- New York City, NY
- Permanent
- Full-time
- 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
- 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
- Perceived as a thought leader within the cyber insurance market
- 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
- Experience managing and underwriting a predominately primary book of business
- The ability to perform data analytics within MS Excel or Power BI, including functions such as Tables, Pivot Tables, formulae (VLOOKUP, IF, SUM) etc.
- Professional designation in insurance underwriting, such as RPLU, CPCU, ACII, AU, or similar
- Strong interest and conceptual comprehension in Web3., Digital Assets, Blockchain, Cannabis, AI, or Financial Markets will be a differentiator
- Paid Public Holidays: Enjoy ten (10) paid public holidays each year, giving you the opportunity to unwind and recharge.
- Generous Paid Time Off (PTO): You’ll receive 28 days of Paid Time Off (PTO) annually, giving you the flexibility to take care of personal matters, vacation, or sick days.
- Full Health Coverage: The company fully covers your medical, dental, vision, life, and disability insurance to ensure you and your family are well taken care of.
- 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, helping you advance in your career.
- 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, making your daily commute easier.
- Wellness Benefits: Stay healthy and active with access to gym memberships, exercise classes, and other wellness perks that promote a balanced lifestyle.
- Your Voice Matters: Work in an environment where your opinions and ideas are valued and play a crucial role in driving the success of our team.
- Endless Growth Opportunities: Enjoy a multitude of career growth opportunities, ensuring that you have the resources to thrive and advance within the company.