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Underwriting Assistant, Financial Lines

1 week ago

London, Greater London, United Kingdom TN United Kingdom Full time

Social network you want to login/join with:

Underwriting Assistant, Financial Lines, LondonClient:Location:

London, United Kingdom

Job Category:

Finance

EU work permit required:

Yes

Job Reference:

f206dab1d204

Job Views:

8

Posted:

22.03.2025

Expiry Date:

06.05.2025

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 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.

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 part of our journey to lead the market in emerging sectors, we are looking for an experienced Underwriting Assistant to join our dynamic team.

As an Underwriting Assistant for Financial Lines, you will provide support to the Underwriting team in the assessment, processing, and administration of financial lines insurance products, including but not limited to Directors & Officers (D&O) Liability, Professional Indemnity, and Cyber Insurance. You will be working in a fast-paced environment where attention to detail and strong communication skills are key.

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.

At all times this individual must embody Relm's Core Values of Accountability, Collaboration, Curiosity & Creativity, and Courage & Optimism and continually reinforce the importance of these values with all team members.

Requirements

WHAT YOU WILL DO

  • Assist underwriters in the assessment and processing of new and renewal business for financial lines products including D&O liability, E&O liability, Cyber Liability, and EPL.
  • Prepare and review policy documentation, endorsements, and schedules to ensure accuracy.
  • Monitor and track submission statuses, ensuring timely responses and follow-ups with brokers and clients.
  • Maintain up-to-date records in underwriting systems and databases.
  • Provide administrative support with quotes, proposals, and risk assessments.
  • Liaise with brokers, clients, and internal stakeholders to gather necessary information.
  • Assist with the preparation of reports and underwriting files for internal and regulatory purposes.
  • Support the team with any ad hoc tasks as needed.
  • Review and analyze underwriting data, market trends, and industry developments to identify emerging risks and opportunities.

WHAT YOU BRING TO THE TABLE:

  • Strong analytical skills and ability to evaluate underwriting data effectively.
  • Previous experience in an underwriting assistant or similar role within insurance is preferred.
  • Excellent communication and interpersonal skills to engage effectively with brokers, clients, and team members.
  • Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and underwriting software.
  • High attention to detail with excellent organizational skills.
  • Ability to prioritize and manage multiple tasks in a fast-paced environment.
  • A team player with a proactive, positive attitude and willingness to learn.

WHAT WE OFFER

  • Comprehensive Health & Wellness Coverage: We fully cover 100% of your supplemental health, dental, vision, disability, and life insurance plans, so you can focus on what matters most—your health and well-being.
  • Generous Pension Plan: Enjoy peace of mind with a 10% employer contribution to your pension, securing your future while you excel in your role.
  • 28 Days of Paid Annual Leave: Take time to recharge with 28 days of vacation, because we believe in work-life balance.
  • Professional Growth & Development: We invest in your growth through continuous training, development programs, and mentorship opportunities to help you reach your full potential.
  • Travel & Commuting Perks: Benefit from travel incentives, including commuting and parking support, so you can get to work with ease.
  • Wellness & Fitness Benefits: Stay fit and healthy with gym memberships and access to exercise classes—because we care about your well-being.
  • Your Voice Matters: Work in an environment where your ideas and opinions are not just heard but valued—helping shape the success of our team.
  • Endless Growth Opportunities: We offer multiple pathways for career advancement and personal development, ensuring you have the resources to grow within the company.
  • Flexible Work Arrangements: Enjoy a hybrid work environment that supports your career while offering the flexibility you need for a family-friendly lifestyle.

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.

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