Relm Insurance Ltd.
Hamilton, Lanarkshire
Relmis the only specialty insurer dedicated to supporting the world's most innovative industries. Whetherit'swithstartupsharnessing zero-gravity conditions on the ISStomanufacture blindness-curing retinas,global crypto exchanges democratizing crypto trading,orbiotech pioneers using gene-editing technology to advance personalized medicine,Relmworks lockstep with innovators to understand and underwrite businesses shaping the future. Relm'steamoperatesout of offices in London, New York, Dubai, Miami, Bermuda,executingmarket-leading insurance solutions for companiesoperatingindigital assets andweb3, AI, the space economy, financial technology, biotech, and more. WHAT WE ARE LOOKING FOR Where regular insurers look backwards,Relmdifferentiates by looking ahead. Weoperateat the forefront of innovative industries by hiring curious minds with deep sector experience.To continue helpingbusinessesbuild the future, we needallofour team memberstodemonstratecuriosity, creativity, courage, and optimism. We need them to be accountable for ideationbutableto execute collaboratively. In short: we hire people whose inquisitive minds help them break ground. WHAT WE ARE LOOKING FOR The VP, Captive Manage r is responsible for overseeing the management and operation of captive insurance solutions within Relm Insurance. This role requires a combination of strategic thinking, strong technical experience and expertise in insurance and reinsurance using captives, and strong client relationship management skills. The Captive Manager will serve as the primary liaison between the company and its clients, ensuring that all regulatory and business requirements are met, the captives operate efficiently, and deliver optimal value. WHAT YOU WILL DO Serve as the main point of contact for clients utilizing captive insurance solutions. Develop and maintain strong relationships with clients, understanding their needs and providing tailored insurance solutions. Facilitate regular communication with clients, including providing updates on captive performance, regulatory compliance, and strategic opportunities. Support clients in evaluating their risk management strategies and identifying ways the captive can enhance their overall risk management program. Oversee the day-to-day operations of captives, including underwriting, claims management, and financial reporting. Coordinate with internal and external stakeholders to ensure timely and accurate completion of financial statements, regulatory filings, and other compliance requirements. Collaborate with actuaries, auditors, tax advisors, and legal counsel to ensure captives operate within all applicable regulations and best practices. Develop annual business plans and budgets for captive entities, ensuring alignment with client and company objectives. Ongoing review, update, development and implementation of policies and procedures to ensure the organization remains compliant with local regulatory requirements and industry best practices governing captives, including financial reporting, solvency requirements, and corporate governance. Develop periodic management metrics/reports including key risk indicators (KRIs) and key performance indicators to identify, mitigate and elevate risks, deficiencies and potential breaches. Ensure that appropriate due diligence documentation is obtained and any required sanctions screening is performed prior to execution of agreement. Collaborate with Product development team to review and ensure that captive solutions offered align with BMA license conditions. Monitor incoming transfers and payments requests within captive cells to identify any transactions requiring escalation to Compliance. Collaborate with the business development team to promote captive insurance solutions to prospective clients. Provide insights and recommendations on captive formation, feasibility studies, and structuring options based on client needs and risk profiles. Identify opportunities to enhance the captive's value proposition, including exploring reinsurance options, multi-line or multi-year structures, or portfolio diversification. Monitor the financial performance of captives, ensuring profitability, adequate reserving, and capital adequacy. Oversee premium collection, claims payments, and investment activities within the captive structure. Provide regular reports and analysis to clients and internal stakeholders regarding financial results and trends. Collaborate with the Finance team to provide required information to ensure timely and accurate periodic financial reporting and annual audited financial statements. WHAT YOU WILL NEED Bachelor's degree in Risk Management, Insurance, Finance, Business Administration, or a related field. Advanced degrees (MBA, CPCU, ARM) would be considered a plus. Minimum 7 years of experience in the insurance, reinsurance, or captive management industry. Proven track record of leading and managing captive insurance programs and working with alternative risk transfer solutions. Strong understanding of insurance and reinsurance principles, underwriting, and claims processes. Knowledge of captive insurance regulations, solvency requirements, and tax considerations. Experience with financial analysis, risk management, and insurance product program design. Excellent interpersonal and client relationship management skills. Strong organizational and project management abilities. Exceptional problem-solving, analytical, and decision making skills. Proficient in financial reporting and understanding of actuarial principles. Strong leadership skills. WHAT WE OFFER Full Payroll Tax & Social Insurance Coverage: The company covers 100% of your payroll tax and social insurance, ensuring your financial security and peace of mind. Comprehensive Insurance Plans: We provide 100% coverage for your health, dental, and life insurance, keeping you and your loved ones well protected. Generous Pension Contributions: The company contributes 5% of your pensionable earnings, helping you plan and secure your financial future. Paid Public Holidays: You will receive ten (10) paid public holidays each year, allowing you to enjoy time off and recharge. Paid Time Off (PTO): You will accrue 28 days of Paid Time Off per annum (PTO), giving you the flexibility to take vacation, sick leave, or personal time. Professional Development Opportunities: We invest in your career with training, development programs, and mentorship to help you grow and achieve your professional goals. Travel Benefits: Enjoy travel perks such as commuting and parking benefits to make your daily commute easier and more convenient. Wellness Benefits: Stay healthy and active with wellness perks, including gym memberships and access to exercise classes, designed to support your well being. Your Voice Matters: Work in an environment where your ideas and opinions are not just heard but valued and crucial to our team's success. Endless Growth Opportunities: Benefit from a multitude of career growth opportunities, ensuring you have the resources and support to advance within the company. Flexible & Family Friendly Work Environment: Embrace a hybrid approach to work that provides flexibility and supports a balanced, family friendly lifestyle. WHY YOU'LL LOVE WORKING WITH US Diversity and inclusion are a given in this day and age; Relm goes beyond the norm to provide genuine support for our team members. We believe in equipping our staff with whatever arsenal they need to do their best work, and our commitment to staff growth is often cited by members as one of their most highly valued benefits. Relm is a team of innovators redefining what's possible in insurance. With us, you'll launch industry first programs within an environment designed to be antithetical to traditional insurance and the restraints that come with it. Our forward thinking attracts forward thinkers.
Relmis the only specialty insurer dedicated to supporting the world's most innovative industries. Whetherit'swithstartupsharnessing zero-gravity conditions on the ISStomanufacture blindness-curing retinas,global crypto exchanges democratizing crypto trading,orbiotech pioneers using gene-editing technology to advance personalized medicine,Relmworks lockstep with innovators to understand and underwrite businesses shaping the future. Relm'steamoperatesout of offices in London, New York, Dubai, Miami, Bermuda,executingmarket-leading insurance solutions for companiesoperatingindigital assets andweb3, AI, the space economy, financial technology, biotech, and more. WHAT WE ARE LOOKING FOR Where regular insurers look backwards,Relmdifferentiates by looking ahead. Weoperateat the forefront of innovative industries by hiring curious minds with deep sector experience.To continue helpingbusinessesbuild the future, we needallofour team memberstodemonstratecuriosity, creativity, courage, and optimism. We need them to be accountable for ideationbutableto execute collaboratively. In short: we hire people whose inquisitive minds help them break ground. WHAT WE ARE LOOKING FOR The VP, Captive Manage r is responsible for overseeing the management and operation of captive insurance solutions within Relm Insurance. This role requires a combination of strategic thinking, strong technical experience and expertise in insurance and reinsurance using captives, and strong client relationship management skills. The Captive Manager will serve as the primary liaison between the company and its clients, ensuring that all regulatory and business requirements are met, the captives operate efficiently, and deliver optimal value. WHAT YOU WILL DO Serve as the main point of contact for clients utilizing captive insurance solutions. Develop and maintain strong relationships with clients, understanding their needs and providing tailored insurance solutions. Facilitate regular communication with clients, including providing updates on captive performance, regulatory compliance, and strategic opportunities. Support clients in evaluating their risk management strategies and identifying ways the captive can enhance their overall risk management program. Oversee the day-to-day operations of captives, including underwriting, claims management, and financial reporting. Coordinate with internal and external stakeholders to ensure timely and accurate completion of financial statements, regulatory filings, and other compliance requirements. Collaborate with actuaries, auditors, tax advisors, and legal counsel to ensure captives operate within all applicable regulations and best practices. Develop annual business plans and budgets for captive entities, ensuring alignment with client and company objectives. Ongoing review, update, development and implementation of policies and procedures to ensure the organization remains compliant with local regulatory requirements and industry best practices governing captives, including financial reporting, solvency requirements, and corporate governance. Develop periodic management metrics/reports including key risk indicators (KRIs) and key performance indicators to identify, mitigate and elevate risks, deficiencies and potential breaches. Ensure that appropriate due diligence documentation is obtained and any required sanctions screening is performed prior to execution of agreement. Collaborate with Product development team to review and ensure that captive solutions offered align with BMA license conditions. Monitor incoming transfers and payments requests within captive cells to identify any transactions requiring escalation to Compliance. Collaborate with the business development team to promote captive insurance solutions to prospective clients. Provide insights and recommendations on captive formation, feasibility studies, and structuring options based on client needs and risk profiles. Identify opportunities to enhance the captive's value proposition, including exploring reinsurance options, multi-line or multi-year structures, or portfolio diversification. Monitor the financial performance of captives, ensuring profitability, adequate reserving, and capital adequacy. Oversee premium collection, claims payments, and investment activities within the captive structure. Provide regular reports and analysis to clients and internal stakeholders regarding financial results and trends. Collaborate with the Finance team to provide required information to ensure timely and accurate periodic financial reporting and annual audited financial statements. WHAT YOU WILL NEED Bachelor's degree in Risk Management, Insurance, Finance, Business Administration, or a related field. Advanced degrees (MBA, CPCU, ARM) would be considered a plus. Minimum 7 years of experience in the insurance, reinsurance, or captive management industry. Proven track record of leading and managing captive insurance programs and working with alternative risk transfer solutions. Strong understanding of insurance and reinsurance principles, underwriting, and claims processes. Knowledge of captive insurance regulations, solvency requirements, and tax considerations. Experience with financial analysis, risk management, and insurance product program design. Excellent interpersonal and client relationship management skills. Strong organizational and project management abilities. Exceptional problem-solving, analytical, and decision making skills. Proficient in financial reporting and understanding of actuarial principles. Strong leadership skills. WHAT WE OFFER Full Payroll Tax & Social Insurance Coverage: The company covers 100% of your payroll tax and social insurance, ensuring your financial security and peace of mind. Comprehensive Insurance Plans: We provide 100% coverage for your health, dental, and life insurance, keeping you and your loved ones well protected. Generous Pension Contributions: The company contributes 5% of your pensionable earnings, helping you plan and secure your financial future. Paid Public Holidays: You will receive ten (10) paid public holidays each year, allowing you to enjoy time off and recharge. Paid Time Off (PTO): You will accrue 28 days of Paid Time Off per annum (PTO), giving you the flexibility to take vacation, sick leave, or personal time. Professional Development Opportunities: We invest in your career with training, development programs, and mentorship to help you grow and achieve your professional goals. Travel Benefits: Enjoy travel perks such as commuting and parking benefits to make your daily commute easier and more convenient. Wellness Benefits: Stay healthy and active with wellness perks, including gym memberships and access to exercise classes, designed to support your well being. Your Voice Matters: Work in an environment where your ideas and opinions are not just heard but valued and crucial to our team's success. Endless Growth Opportunities: Benefit from a multitude of career growth opportunities, ensuring you have the resources and support to advance within the company. Flexible & Family Friendly Work Environment: Embrace a hybrid approach to work that provides flexibility and supports a balanced, family friendly lifestyle. WHY YOU'LL LOVE WORKING WITH US Diversity and inclusion are a given in this day and age; Relm goes beyond the norm to provide genuine support for our team members. We believe in equipping our staff with whatever arsenal they need to do their best work, and our commitment to staff growth is often cited by members as one of their most highly valued benefits. Relm is a team of innovators redefining what's possible in insurance. With us, you'll launch industry first programs within an environment designed to be antithetical to traditional insurance and the restraints that come with it. Our forward thinking attracts forward thinkers.
Hispanic Alliance for Career Enhancement
About the Role This is a legal counsel role in the Corporate Solutions Credit & Surety legal team. We are a small, global legal team providing dedicated transactional, regulatory and legal support to the Credit & Surety business unit which underwrites insurance in areas such as trade finance, project & infrastructure finance, commodity finance, political risk insurance and surety. We are prioritizing candidates with proven experience (in-house/private practice) in one of the following areas: Credit insurance (including applicable documentation, insurance regulation, and underwriting market standards), alternatively other areas/lines of (re)insurance including advisory or contentious experience relevant to primary insurance or reinsurance; Surety bonds/guarantees; Banking/finance, particularly in the areas of structured finance, securitizations and/or portfolio transfers or significant risk transfers. Experience of working in funded and unfunded regulatory capital relief deals is advantageous. Responsibilities In this role you will: >Provide global legal advice and support for transactions primarily in the following areas: bank trade finance & infrastructure, surety, structured finance, credit and political risk insurance and significant risk transfers. Draft and negotiate insurance contract documentation - including (re)insurance policy wordings, risk participations, bond forms, indemnity agreements. Conduct legal and regulatory reviews of credit and surety transactions. Advise on cross-border enforceability of contracts. Advise on licensing and regulatory aspects in relation to international surety transactions. Facilitate the closing of transactions and supporting underwriters during implementation, restructuring and unwinding of transactions. Provide legal support for internal group projects and strategic initiatives. Foster and maintain positive working relationships with internal and external clients and outside counsel (as needed). Monitor legal and regulatory trends affecting relevant business areas. Support internal group projects and strategic initiatives, as required. Conduct internal presentations and trainings on legal topics. About the Team This is a full time position in a legal team that provides legal support to the global Credit & Surety insurance business at Swiss Re Corporate Solutions. This is a largely transactional role providing legal support to underwriters, product managers, risk managers, and claims specialists in a highly commercial way. Our client is a global business team, committed to delivering value and innovative solutions in the primary insurance space. In our team, you will be close to decision makers and directly see the results of your work. About You You're a proactive legal professional who thrives in a fast-paced global environment. You combine technical excellence with commercial awareness, enabling you to provide pragmatic solutions that balance legal risk with business objectives. Your strong communication skills allow you to explain complex legal concepts clearly to diverse stakeholders, and you're energized by working in an international setting. Requirements We are looking for candidates who meet these requirements: Law degree with minimum six years' experience in a law firm or international financial institution/insurance company, with experience in one of the following areas: credit insurance, surety bonds/guarantees, or banking/finance Experience and understanding of regulatory and licensing topics in cross-border scenarios Excellent drafting, negotiation, and influencing abilities Proven ability to identify legal risks and provide sound judgment beyond the dimensions of laws and regulations Ability to manage multiple priorities in a fast-paced environment "Can-do" mindset with dedication to continuous learning and development Comfort working independently while collaborating with a global team Preferred Preference will be given to candidates with: Experience working with funded and unfunded regulatory capital relief deals Experience in structured finance, securitizations, and/or portfolio transfers Additional language skills beyond English Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week. About Swiss Re Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world. Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability. If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
About the Role This is a legal counsel role in the Corporate Solutions Credit & Surety legal team. We are a small, global legal team providing dedicated transactional, regulatory and legal support to the Credit & Surety business unit which underwrites insurance in areas such as trade finance, project & infrastructure finance, commodity finance, political risk insurance and surety. We are prioritizing candidates with proven experience (in-house/private practice) in one of the following areas: Credit insurance (including applicable documentation, insurance regulation, and underwriting market standards), alternatively other areas/lines of (re)insurance including advisory or contentious experience relevant to primary insurance or reinsurance; Surety bonds/guarantees; Banking/finance, particularly in the areas of structured finance, securitizations and/or portfolio transfers or significant risk transfers. Experience of working in funded and unfunded regulatory capital relief deals is advantageous. Responsibilities In this role you will: >Provide global legal advice and support for transactions primarily in the following areas: bank trade finance & infrastructure, surety, structured finance, credit and political risk insurance and significant risk transfers. Draft and negotiate insurance contract documentation - including (re)insurance policy wordings, risk participations, bond forms, indemnity agreements. Conduct legal and regulatory reviews of credit and surety transactions. Advise on cross-border enforceability of contracts. Advise on licensing and regulatory aspects in relation to international surety transactions. Facilitate the closing of transactions and supporting underwriters during implementation, restructuring and unwinding of transactions. Provide legal support for internal group projects and strategic initiatives. Foster and maintain positive working relationships with internal and external clients and outside counsel (as needed). Monitor legal and regulatory trends affecting relevant business areas. Support internal group projects and strategic initiatives, as required. Conduct internal presentations and trainings on legal topics. About the Team This is a full time position in a legal team that provides legal support to the global Credit & Surety insurance business at Swiss Re Corporate Solutions. This is a largely transactional role providing legal support to underwriters, product managers, risk managers, and claims specialists in a highly commercial way. Our client is a global business team, committed to delivering value and innovative solutions in the primary insurance space. In our team, you will be close to decision makers and directly see the results of your work. About You You're a proactive legal professional who thrives in a fast-paced global environment. You combine technical excellence with commercial awareness, enabling you to provide pragmatic solutions that balance legal risk with business objectives. Your strong communication skills allow you to explain complex legal concepts clearly to diverse stakeholders, and you're energized by working in an international setting. Requirements We are looking for candidates who meet these requirements: Law degree with minimum six years' experience in a law firm or international financial institution/insurance company, with experience in one of the following areas: credit insurance, surety bonds/guarantees, or banking/finance Experience and understanding of regulatory and licensing topics in cross-border scenarios Excellent drafting, negotiation, and influencing abilities Proven ability to identify legal risks and provide sound judgment beyond the dimensions of laws and regulations Ability to manage multiple priorities in a fast-paced environment "Can-do" mindset with dedication to continuous learning and development Comfort working independently while collaborating with a global team Preferred Preference will be given to candidates with: Experience working with funded and unfunded regulatory capital relief deals Experience in structured finance, securitizations, and/or portfolio transfers Additional language skills beyond English Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week. About Swiss Re Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world. Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability. If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.