AVP, Product Innovation: Lead Emerging Insurance Solutions

Relm Insurance; New York (NY); On-site; USD 160,000 - 180,000; Full time

Benefits offered by this job

Paid holidays

PTO 28 days

Health coverage

401K match

Professional development

Wellness stipend

Commuting reimbursement

Wellness benefits

Voice matters

Career growth

Job summary

Relm Insurance is seeking an Assistant Vice President, Product Innovation to turn emerging risks and new industries into scalable insurance products. You’ll own complex product development workstreams from idea to launch, collaborating with Underwriting, Legal, Compliance and Distribution to ensure technical robustness and regulatory compliance.

You will translate strategic priorities into policy wordings and product frameworks, research market developments, and provide evidence-based

Qualifications

• Around 8 years’ experience within insurance product development, underwriting, wordings or a closely related specialty insurance discipline.
• Strong technical knowledge of insurance products, policy wordings, coverage structures and market dynamics.
• Experience independently managing complex product or underwriting workstreams with limited supervision.
• Experience working collaboratively across Underwriting, Legal, Compliance, Distribution and other business functions.
• Curiosity for emerging industries such as digital assets, fintech, biotech, gambling and other rapidly developing sectors.

Responsibilities

• Own key product innovation workstreams from concept through development, launch and ongoing lifecycle management.
• Translate strategic priorities into tangible insurance products, including policy wordings, endorsements, coverage structures and product frameworks.
• Identify and assess opportunities within emerging and rapidly evolving sectors, building clear, evidence-based recommendations for senior leadership.
• Research market developments, competitor activity and sector trends to help ensure Relm remains ahead of the curve.
• Lead the development of products designed for new and emerging industries, from initial sector research through to go-to-market.
• Work closely with Underwriting, Legal, Compliance and Distribution to ensure products are commercially relevant, technically robust and regulatory compliant.
• Review and approve product documentation, including policy wordings, product guides and positioning materials.
• Build relationships with brokers, clients, industry bodies and businesses operating within target sectors to understand where insurance solutions are needed most.
• Act as a senior subject matter expert across the business on product, wording and emerging-sector matters.
• Provide day-to-day guidance and support to junior members of the Product Innovation team.

Skills

Insurance product development

Wordings knowledge

Strategic thinking

Communication skills

Stakeholder engagement

Job description

Relm Insurance is seeking an Assistant Vice President, Product Innovation to turn emerging risks and new industries into scalable insurance products. You’ll own complex product development workstreams from idea to launch, collaborating with Underwriting, Legal, Compliance and Distribution to ensure technical robustness and regulatory compliance.

You will translate strategic priorities into policy wordings and product frameworks, research market developments, and provide evidence-based