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Arora Strategies

Underwriter, Financial Lines

Arora Strategies, New York, New York, United States, 10001

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Relm Insurance Ltd Job Posting

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 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 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 part of our journey to lead the market in emerging sectors, we are looking for an experienced Underwriter, Financial Lines to join our dynamic team. 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. As the Senior Underwriter, you will play a critical role in 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.