Take your career to a new Relm

Reporting to the VP of Claims, the Coverage Counsel will play a pivotal role in providing legal counsel for guidance to all matters related to coverage disputes and coverage initiatives. Responsibilities of this role will involve analyzing insurance policies, investigating claims, providing legal opinions, and representing clients in litigation when necessary. The ideal candidate will possess a strong background in insurance law, excellent analytical skills, and the ability to communicate complex legal concepts effectively. 

This position is currently remote but will transition to a hybrid role in the future, based in New York. Occasional travel to attend meetings, depositions, hearings, and other legal proceedings is required. We are also open to candidates relocating to Miami for this position.

What You Will Do

• Review insurance policies to assess coverage and identify potential issues or ambiguities that may arise in coverage disputes.
• Conduct legal research on relevant statues, case law and regulations pertaining to insurance coverage matters. 
• Investigate claims to gather necessary facts and evidence to evaluate coverage and liability. 
•  Provide legal opinions and recommendations regarding coverage issues, including the interpretation of policy language and potential exposure.
• Manage coverage litigation, including drafting pleadings, motions and other legal documents and representing the company in court proceedings and alternative dispute resolution forums. 
• Negotiate settlements and participate in mediation or arbitration proceedings to resolve coverage disputes efficiently and effectively.
• Advise the underwriting team on risk management strategies, potential exposure, and best practices to mitigate future coverage disputes.
•  Advise the underwriting team on coverage requests and manuscript wordings initiatives.
• Support the Product Innovation Team on product development initiatives.
• Ensure compliance with all relevant laws, regulations, and industry standards in insurance coverage matters.
• Collaborate with internal stakeholders, including claims team members, underwriters, and other legal professionals, to achieve optimal outcomes for the company.

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

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 Casualty 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 Casualty 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

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 Vice President, Senior Underwriter - Financial Lines to take the lead in revolutionizing our Financial Lines US insurance offerings, both on a product and strategic front. This high-impact and leadership-level position offers an exceptional opportunity for an individual driven to establish pioneering industry standards, further empowering Relm's journey in reshaping the insurance landscape. Below is an enhanced job description tailored to reflect this mission and the unique qualities of Relm.

What You Will Do:

• Direct the US underwriting strategy, process, planning, reporting, forecasting, business development and innovation for the Financial Lines 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 US Financial Lines 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

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 Vice President, Senior Underwriter - Casualty to take the lead in revolutionizing our US Casualty insurance offerings, both on a product and strategic front. This high-impact and leadership-level position offers an exceptional opportunity for an individual driven to establish pioneering industry standards, further empowering Relm's journey in reshaping the insurance landscape. Below is an enhanced job description tailored to reflect this mission and the unique qualities of Relm.

What You Will Do:

• Direct the US underwriting strategy, process, planning, reporting, forecasting, business development and innovation for the Casualty 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 US Casualty 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

WHO WE ARE 

Arora Strategies LLC. is a Florida-based company providing consulting and administrative support services to specialty insurance and reinsurance companies. We are a team of dedicated and motivated professionals, highly experienced in servicing new and emerging businesses in niche marketplaces. We specialize in the delivery of sophisticated insurance and risk management strategies to businesses operating in emerging sectors with a focus on crypto/blockchain and cannabis operations. 

Working in unison with our Bermuda-based client, Relm Insurance Ltd., Arora offers integrated and efficient solutions in a customized and effective manner. Our range of services includes underwriting support, policy administration, research and analysis to accounting and human resource functions, among other areas. We operate in a dynamic market that requires flexibility, creativity, critical thinking, excellent customer service, and the ability to execute. 

WHAT WE ARE LOOKING FOR 

We operate in a dynamic market that requires flexibility, creativity, critical thinking, excellent customer service, and the ability to execute. We are looking for highly organized, flexible, energetic and enthusiastic Human Resources Generalist to join our growing HR department. 

WHAT WE ARE LOOKING FOR

In a rapidly evolving market landscape, agility, innovation, analytical prowess, top-tier client service, and effective execution are paramount. We seek a meticulously organized, adaptable, enthusiastic, and results-oriented Assistant Controller to bolster our expanding Accounting division. This role entails spearheading our accounting operations within the United States.

WHAT YOU WILL DO

• Preparation of financial statements for Relm Insurance Solutions Ltd in accordance with GAAP
• Help manage day-to-day accounting operations, including accounts payable, accounts receivable, and general ledger
• Reconcile insurance premium receivables and payables to ensure accuracy and completeness
• Prepare, submit and maintain state surplus line tax filings
• Calculate annual U.S. income taxes. 
• Perform monthly and year-end close procedures
• Assist in the development and monitoring of internal controls
• Prepare and analyze financial reports for management
• Assist in budgeting and forecasting processes
• Ensure compliance with accounting standards and regulations
• Collaborate with other departments to gather financial data and provide support as needed
• Participate in audits and provide documentation as requested
• Stay informed about changes in accounting standards and regulations
• Coordinate with external tax advisors to optimize tax strategies and minimize tax liabilities
• Conduct tax research and analysis to stay current with changes in tax laws and regulations
• Prepare and maintain documentation for tax audits and inquiries from tax authorities
• Collaborate with underwriting and claims departments to analyze and report on insurance related financial metrics
• Stay abreast of developments in insurance accounting standards and ensure compliance with regulatory requirements
• Assist in the preparation of statutory financial statements and filings for insurance regulators

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.” The Compliance Analyst will play a vital role in assisting the Chief Compliance Officer in the implementation and maintenance of the Compliance Program/framework and in promoting a culture of Compliance within the Company.

What You Will Do

• Support and assist the CCO in managing the day-to-day operation of the Company’s Compliance program/framework.

• Assists in enhancing awareness of and compliance with relevant legislative and regulatory requirements including but not limited to the Bermuda Insurance Act 1978, the Insurance Code of Conduct and Cyber Security Code of Conduct for Insurers, the Bermuda Sanctions Regime.
• Identifies and/or receives compliance issues and investigate and escalates to the CCO for resolution.
• Conducts or coordinates training to ensure internal policies and procedures and best practices are understood and implemented.
• Develops, initiates, maintains, and revises policies and procedures and standards/codes of conduct to support for the general operation of the Compliance Program and its related activities to prevent illegal, unethical, or improper conduct including but not limited to anti-money laundering, terrorist financing, proliferation financing, economic sanctions, entity due diligence, complaints, gifts and entertainment, fraud, business continuity management and data privacy.
• Review of Know-Your-Customer (KYC), Customer Due Diligence (CDD) documentation and sanctions screening results during the account opening process and as appropriate on an ongoing basis.

• Respond to alleged violations of rules, regulations, policies, procedures, and standards of conduct by evaluating or recommending the initiation of investigative procedures. 
• Performs compliance monitoring and testing to identify potential breaches and areas of compliance vulnerability.
• Assist in the development/implementation of corrective action plans (CAPs) for resolution of problematic issues, situations in the future.
• Assist in the management of regulatory onsite examinations including any resulting corrective action plans.
• Assist in the management and coordination of internal/external auditors including any resulting corrective action plans.
• Complete reports on a regular basis, and as directed or requested by the CCO, to assist in ensuring proper reporting to the board and senior management of violations or potential violations and the results of compliance monitoring and testing.
• Assist the CCO in ensuring that all regulatory reporting is completed within required timeframes.
• Assist in the documentation and tracking of all complaints, internal suspicious activity reports and reportable gifts and entertainment.
• Assist in the development, conduct and/or coordination of compliance training for all applicable employees/parties including the board and senior management to ensure an understanding of relevant legislation, regulations, code of practice and company policies/procedures.
• Other responsibilities as may be required by the CCO from time to time in execution of the Compliance Plan/Framework.