AVP, Reinsurance

Job Description

Job Description

WHO WE ARE

Domiciled in Bermuda, with offices in London, Miami, New York and Dubai, Relm Insurance Ltd. (“Relm”) is the first IIGB (Innovative Insurer General Business) insurer regulated by the Bermuda Monetary Authority (“BMA”). 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.

WHAT WE ARE LOOKING FOR

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 AVP, Reinsurance to join our team and play a key role in this mission.

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.

We bring these values to life every day — whether by collaborating on innovative solutions, tackling challenges with optimism, or pushing boundaries with creativity and courage.

Requirements

WHAT YOU WILL DO

ASSUMED -

The AVP, Reinsurance will ultimately be responsible for identifying opportunities for Relm to gain incremental traction and eventual scale as a credible reinsurance partner. In this role, you will :

• Execute strategic underwriting plans aligned with premium and profitability objectives, as well as service excellence;
• Underwrite and maintain / service profitable new and renewal business exercising independent judgment based on comprehensive analysis of reinsurance submissions including terms, conditions and coverage intent;
• Broadly explore business development opportunities to identify the most productive use of capacity, including treaty and facultative opportunities; fronted business, program business, traditional cedants and captives; commutations / novations and loss portfolio transfers; property, casualty specialty lines; and participation on product development initiatives;
• Effectively communicate with Underwriting, Actuarial, Claims, Legal, Accounting on issues that involve pricing, contract wording, premium & loss bookings and claims, to ensure profitability of accounts and compliance with corporate guidelines;
• Provide top quality customer service to brokers and cedants;
• Assist in development of internal pricing and modeling tools in order to establish appropriate pricing options on accounts in various structures, lines of business, and currencies, including digital assets;
• Negotiate competently with brokers and clients, providing constructive feedback and offering alternative risk solutions when needed;
• Assist in executing alternative reinsurance strategies
• Assist in constructing a risk managed and diversified portfolio of reinsurance business that is considerate of correlation to Relm’s directly written business;

CEDED -

The AVP, Reinsurance will contribute to Relm’s ceded strategy across all lines, assist in coordination of the reinsurance submission process for both new and renewal ceded reinsurance treaties, and facultative placements. They will also be heavily involved with Relm’s expansion strategies – working with capacity providers in various new jurisdictions, enabling Relm Insurance to enter new markets.

GENERAL

WHAT YOU BRING TO THE TABLE :

PHYSICAL REQUIREMENTS

Benefits

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

The annual salary for this role is structured within a range of USD $ to USD $, depending on experience and qualifications.

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.