Take your career to a new Relm

WHAT YOU WILL DO

• Serve as a liaison with the IT department to ensure timely provision of necessary tech assets to new hires, oversee appropriate setups, and manage asset retrieval upon termination.
• Input new hire information into all HR platforms promptly.
• Coordinate training and development initiatives by assigning, scheduling, and monitoring online and live training sessions, as well as managing associated training materials.
• Maintain the accuracy and confidentiality of HR records and databases.
• Assist in implementing and upholding HR policies and procedures.
• Handle paperwork for new hires, including employment agreements and other relevant documentation.
• Manage exit procedures, ensuring the proper documentation for departing employees is completed.
• Provide assistance to employees encountering HRIS and other HR platform access issues, as well as facilitating access to Insurance IDs.
• Support the planning and execution of employee engagement activities and events.
• Collaborate with the company's graphic designer to create high-quality internal communications.
• Provide coverage for recruitment administrator, which involves crafting and posting job listings across diverse platforms, scheduling interviews, communicating with candidates, and managing the applicant tracking system.
• Collaborate with HR team members to support department initiatives and projects.
• Act as a liaison between HR and other departments to facilitate effective communication and coordination.
• Maintain and update HR documents, such as employee handbooks, policies, and procedures.
• Willingness to assist as needed beyond the scope of typical HR support duties.

Please note this is a remote role with the exception of coming into Metro Manila once a month or once a quarter for team engagement activities.

WHO WE ARE

Based in Bermuda, Relm is the first IIGB (Innovative Insurer General Business) insurer regulated by the Bermuda Monetary Authority (“BMA”). Since inception, Relm has remained focus on its Vision of “Making Innovation Resilient” by providing insurance to companies pioneering new horizons in technology in more than 35 countries around the world. Relm’s dynamic global team has executed market-leading insurance solutions for companies operating in Alternative Therapeutics, Cannabis, Web3, AI, fintech, biotech and other important emerging sectors.

WHAT WE ARE LOOKING FOR

At Relm, our Mission is “To contribute to the building of the future by creating solutions for complex risks in innovative markets.” In our pursuit to lead the market in these emerging areas of innovation, we're in search of a dynamic and exceptional Senior Underwriter to join our Cyber team. This high-impact and Senior Underwriting role offers an extraordinary opportunity for a goal-driven, innovative, and creative individual to be challenged and contribute to the building of a high-growth portfolio.

WHAT YOU WILL DO:

• Underwrite, price, and negotiate complex and emerging Cyber risks in a manner that is consistent with Relm’s risk appetite to ensure profitability, retention, and written premium goals are achieved
• 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

WHO WE ARE LOOKING FOR

As the VP- Financial Lines, 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.

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.

The annual salary for this role is structured within a range of USD$250,000 to USD$280,000, depending on experience and qualifications.

WHO ARE ARE LOOKING FOR

We are expanding our FinPro underwriting team and seeking a dynamic, goal-oriented Underwriter with a passion for innovation. If you are entrepreneurial, driven, adaptable, and eager to make a meaningful impact in a creative, collaborative environment, we’d love to hear from you!

WHAT WILL YOU DO

• Source, underwrite, price, and negotiate Financial Lines accounts (D&O, EPL, Fiduciary, etc.) in alignment with our strategy and risk appetite to achieve profitability, retention, and premium targets.
• Analyze and evaluate risks using discretion and independent judgment to deliver optimal underwriting outcomes.
• Negotiate and draft policy and endorsement wordings as needed.
• Cultivate and maintain strong relationships with brokers and policyholders.
• Stay ahead of industry trends by actively participating in market discussions, conferences, and roundtables.
• Promote Relm’s value proposition and product offerings to brokers and clients.
• Collaborate with colleagues to drive cross-selling opportunities and contribute to shared objectives.
• Enhance underwriting processes through efficiency improvements, leveraging data and technology.
• Ensure compliance with internal and external underwriting guidelines and legal requirements.
• Support special projects and take on additional responsibilities as needed.

The Reinsurance Analyst will be responsible for supporting the Reinsurance team with Relm’s Inwards and Outwards Reinsurance strategies, as well as providing support for Relm’s alternative reinsurance strategies.

This role will require a solution-oriented individual who approaches problems not just analytically, but also creatively and enthusiastically. Relm is a growing organisation that relies on collaboration across our different departments and functions, the ideal candidate must be comfortable interacting effectively with other departments in a professional and efficient manner.

WHAT YOU WILL DO

• Reinsurance pricing analysis of individual new and renewal Inwards Reinsurance Accounts
• Engage with reinsurance broker partners on new and renewal business submissions
• Monitor individual performance of existing bound Inwards transactions quarterly
• Profitability analysis and monitoring of whole Relm Re Inwards portfolio (AvE, portfolio management modelling, etc.)
• Support the build-out of reporting MI tools to deliver accurate and timely Inwards portfolio data and analytics to internal and external partners (management, board, reinsurers)
• Effectively communicate complex analytics in a digestible format to internal stakeholders
• Work with senior members of the team to identify the most optimal use of RELM reinsurance capacity, deployed via treaty and facultative opportunities; fronted business, program business, traditional cedants and captives; commutations/novations and loss portfolio transfers
• Participate in new product development initiatives, alternative reinsurance solutions

OUTWARDS

The Reinsurance Analyst/Actuary will contribute to Relm’s Outwards strategy across all insurance lines (both on new and renewal ceded reinsurance treaties, and facultative placements).

In this role you will:

• Support data preparation and analysis for Relm’s reinsurance submission
• Perform statistical optimization analysis on Relm’s Insurance portfolio, ensuring our reinsurance strategy (and alternative risk transfer solutions) support the overall business strategy and goals
• Facilitate or participate in quantitative actuarial profitability and impact analyses, across all lines of business
• Develop an understanding of catastrophe modelling concepts (to the extent applicable for Relm’s portfolio)
• Assist in maintaining updated contract documentation and reinsurance bordereaux for external partners and distribute appropriately

GENERAL

• Remain current with insurance product/line of business changes and reinsurance industry trends
• Understand and monitor (re)insurance market trends, risk landscape and regulatory developments that may affect business and pricing
• Understand and monitor key opportunities for Relm as an IIGB licence holder and how the use of digital assets can create new opportunities (pricing of new products, alternative reinsurance structures, collateralized reinsurance backed by digital assets)
• All other duties as required

WHO WE ARE LOOKING FOR

The Senior Accountant will be a key member of the finance team, responsible for managing and overseeing the company’s financial activities, ensuring compliance with industry standards, and providing strategic financial insights.

WHAT YOU WILL DO

• Lead the preparation of monthly, quarterly, and annual financial statements in compliance with IFRS or other relevant accounting standards.
• Oversee the month-end and year-end close processes, ensuring timely and accurate reporting of financial data.
• Provide detailed financial analysis, including performance variance analysis, cash flow management, and financial forecasting to support decision-making.
• Ensure the integrity of financial records, maintaining compliance with local and international accounting regulations, as well as insurance industry-specific requirements.
• Manage and optimize accounting processes, identifying areas for improvement and implementing best practices for operational efficiency.
• Oversee tax compliance and assist with the preparation of tax filings, ensuring timely and accurate submission in line with tax laws and regulations.
• Lead the coordination and completion of external audits, liaising with auditors and ensuring that all audit requirements are met.
• Collaborate closely with cross-functional teams, such as underwriting, claims, and product development, to ensure alignment of financial reporting with business operations.
• Provide mentorship and guidance to junior members of the finance team, fostering a collaborative and high-performance culture.
• Support the Finance Manager / Financial Controller in strategic planning, budgeting, and financial forecasting processes.
• Monitor and manage financial risks, ensuring the business remains compliant with financial regulations and best practices.
• Contribute to the development of financial strategies that align with the company’s goals and objectives.

WHAT YOU WILL DO:

• Serve as the main point of contact for clients utilizing captive insurance solutions.
• Develop and maintain strong relationships with clients, understanding their needs and providing tailored insurance solutions.
• Facilitate regular communication with clients, including providing updates on captive performance, regulatory compliance, and strategic opportunities.
• Support clients in evaluating their risk management strategies and identifying ways the captive can enhance their overall risk management program.
• Oversee the day-to-day operations of captives, including underwriting, claims management, and financial reporting.
• Coordinate with internal and external stakeholders to ensure timely and accurate completion of financial statements, regulatory filings, and other compliance requirements.
• Collaborate with actuaries, auditors, tax advisors, and legal counsel to ensure captives operate within all applicable regulations and best practices.
• Develop annual business plans and budgets for captive entities, ensuring alignment with client and company objectives.
• Ongoing review, update, development and implementation of policies and procedures to ensure the organization remains compliant with local regulatory requirements and industry best practices  governing captives, including financial reporting, solvency requirements, and corporate governance.
• Develop periodic management metrics/reports including key risk indicators (KRIs) and key performance indicators to identify, mitigate and escalate risks, deficiencies and potential breaches.
• Ensure that appropriate due diligence documentation is obtained and any required sanctions screening is performed prior to execution of agreement.
• Collaborate with Product development team to review and ensure that captive solutions offered align with BMA license conditions.
• Monitor incoming transfers and payments requests within captive cells to identify any transactions requiring escalation to Compliance. 
• Collaborate with the business development team to promote captive insurance solutions to prospective clients.
• Provide insights and recommendations on captive formation, feasibility studies, and structuring options based on client needs and risk profiles.
• Identify opportunities to enhance the captive’s value proposition, including exploring reinsurance options, multi-line or multi-year structures, or portfolio diversification.
• Monitor the financial performance of captives, ensuring profitability, adequate reserving, and capital adequacy.
• Oversee premium collection, claims payments, and investment activities within the captive structure.
• Provide regular reports and analysis to clients and internal stakeholders regarding financial results and trends.
• Collaborate with the Finance team to provide required information to ensure timely and accurate periodic financial reporting and annual audited financial statements.

WHAT YOU WILL DO

Manage High-Exposure and Complex Claims: 

• Handle claims across Financial Lines (D&O, E&O, Cyber, Crime, Tech Liability) with high financial impact, ensuring efficient resolution while mitigating company exposure. 

Conduct Coverage Analysis: 

• Review and interpret policy language, assess coverage applicability, and provide coverage determinations in alignment with legal and regulatory requirements. 

Litigation and Dispute Management: 

• Oversee litigation strategies, work closely with external defense counsel, and participate in mediation, arbitration, and settlement negotiations. 

Regulatory and Compliance Oversight: 

• Ensure claims handling practices comply with state, federal, and international regulations, particularly in emerging sectors such as blockchain and digital assets. 

Collaborate with Underwriting and Risk Teams: 

• Provide insights on claims trends, risk assessments, and policy wording recommendations to enhance underwriting strategies and product development. 

Work with External Partners: 

• Liaise with brokers, third-party administrators (TPAs), coverage counsel, and forensic investigators to facilitate claims investigations and resolutions. 

Lead Claims Investigations: 

• Conduct in-depth claim assessments, including gathering evidence, interviewing key parties, and analyzing loss data to make well-informed claims decisions. 

Develop and Implement Claims Strategies: 

• Establish proactive claims-handling strategies to optimize financial outcomes and improve policyholder experiences. 

Provide Thought Leadership on Emerging Risks: 

• Stay ahead of market trends, regulatory developments, and industry best practices, particularly in financial lines and blockchain-related risks. 

Deliver Reports and Stakeholder Communications: 

• Prepare detailed claim summaries, risk analyses, and reports for senior management, reinsurers, and regulatory bodies, ensuring transparency and strategic alignment.