Biotechnology jobs in United States

Based in Bermuda, Relm Insurance Ltd. ("Relm") is the first IIGB (Innovative Insurer General Business) insurer regulated by the Bermuda Monetary Authority ("BMA"). Relm focuses on its Vision of “Making Innovation Resilient” by providing insurance to companies pioneering new horizons in technology in more than 35 countries. Relm’s global team has delivered insurance solutions for companies operating in web3, AI, fintech, biotech and other 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.” We are seeking a dynamic and curious individual for the role of Underwriter, Space Economy to help redefine the insurance landscape by creating and pricing pioneering risk solutions. The role requires professional insurance experience along with creativity, critical thinking, problem-solving, and a solution-oriented approach to underwriting and product development. The Underwriter must embody Relm’s Core Values of Accountability, Collaboration, Curiosity & Creativity, and Courage & Optimism and reinforce these values with the team.

Requirements

• Underwriting the Space Economy – Source, underwrite, price, and negotiate commercial risks in the Space Economy including technology risks in the supply chain and downstream providers, as well as launch and in-orbit risks, aligning with the company’s strategy and risk appetite to achieve profitability, retention, and written premium goals.
• Exercise discretion and independent judgment in risk analysis and evaluation to achieve optimal outcomes.
• Negotiate and draft insurance products and endorsements.
• Develop relationships with brokers and policyholders to establish new distribution relationships and organic growth opportunities.
• Conduct market research to identify new product development opportunities and more effective underwriting methods.
• Assist with strategic planning by developing and maintaining suitable management information to evaluate the portfolio.
• Market and articulate the company’s value proposition and product offering to brokers and clients.
• Collaborate with colleagues to achieve goals and drive cross-sell opportunities.
• Communicate directly and proactively with clients to understand and underwrite their innovative technologies.
• Work with clients, brokers, and third parties to develop tailored insurance solutions to mitigate risks arising from these technologies.
• Contribute to the development of groundbreaking insurance products, including creating new concepts, designing features and endorsements, and tailoring products to evolving client needs.
• Liaise with internal stakeholders (Distribution, Underwriting, Actuarial, Claims, Reinsurance, Technology, among others) to research, evaluate and underwrite complex risks with a balanced approach between risk-taking and profitability.
• Collaborate with actuaries to develop rating models reflecting risks of emerging technologies in the Space Economy for competitive pricing.
• Prepare detailed risk exposure reports and recommend mitigation strategies.
• Research emerging trends, technologies, and regulatory changes in the Space Economy to inform product development and underwriting decisions.
• Conduct market analysis and competitor assessments to identify gaps and opportunities to inform product development and underwriting strategies.
• Represent the company at industry events as a subject matter expert on insuring emerging technologies; contribute to white papers, blogs, and thought leadership.
• Seek opportunities to enhance underwriting processes and product offerings by integrating new technologies and methodologies.
• Ensure underwriting activities comply with regulatory requirements and internal policies.

• Collaborate with internal departments on strategic initiatives for the business that may not be owned by Product Innovation but require support.
• Mentor and guide other Product Innovation team members and Underwriting staff as required.
• Contribute to business-wide KPIs, including GWP targets, CSR requirements, and CPD requirements.

• Minimum of 3 years of underwriting experience in commercial insurances for innovative and fast-moving technology sectors. Experience in insuring the Space economy and its emerging technologies is a distinct advantage.
• Bachelor's degree in aerospace engineering or related field. Professional Insurance qualifications (e.g., ACII, CPCU) are highly desirable.
• Strong analytical and critical-thinking skills with the ability to assess complex risks and problem solve.
• Experience in developing rating models in collaboration with actuaries.
• Experience in developing product wordings through collaboration.
• Expertise in preparing risk exposure reports and presenting findings to senior management.
• Entrepreneurial mindset with a passion for innovation and staying ahead of industry trends.
• Excellent communication and interpersonal skills, with the ability to build strong relationships with internal and external stakeholders.
• Proven ability to work in a fast-paced, dynamic environment and manage multiple priorities.
• Strategic thinking with strong business acumen and a results-oriented approach.
• Effective project management skills, with the ability to work across functions to meet deadlines and deliverables.
• Effective communication and presentation abilities, with a knack for conveying complex ideas clearly and persuasively.
• Strong organizational and time management skills.
• Advanced skills across all Microsoft Office applications (Mac OS familiarity is a plus).
• Ability to work outside core hours and travel overseas, as required.

• Comprehensive Health & Wellness Coverage: 100% coverage of supplemental health, dental, vision, disability, and life insurance plans.
• Generous Pension Plan: 10% employer contribution to your pension.
• 28 Days of Paid Annual Leave
• Professional Growth & Development: ongoing training, development programs, and mentorship opportunities.
• Travel & Commuting Perks: commuting and parking support.
• Wellness & Fitness Benefits: gym memberships and access to exercise classes.
• Your Voice Matters: an environment where ideas and opinions are valued.
• Endless Growth Opportunities: multiple pathways for career advancement.
• Flexible Work Arrangements: hybrid work environment.

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.