Global Head of Actuarial

Relmis the only specialty insurer dedicated to supporting the world’s most innovative industries.

Whetherit’swith startups harnessing zero-gravity conditions on the ISS to manufacture blindness-curing retinas, global crypto exchanges democratizing crypto trading, or biotech 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, executing market-leading insurance solutions for companiesoperatingin digital assets and web3, AI, the space economy, financial technology, biotech, and more.

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 helping businesses build the future, we need all of our team members to demonstrate curiosity, creativity, courage, and optimism.

We need them to be accountable for ideation but able to execute collaboratively. In short: we hire people whose inquisitive minds help them break ground.

Relm is looking for aGlobal Head of Actuarial to build and lead our Group-wide actuarial function.

This is a newly created leadership role with significant visibility across the business, Board and regulatory stakeholders. It is first and foremost a build role:
Relm’s actuarial work has historically been supported by external providers, and this person will lead the transition towards a fully resourced, independent in-house actuarial function.

You will take ownership of actuarial standards, reserving, capital adequacy and pricing oversight across the Group, while acting as a trusted adviser to senior leadership, the Board and regulators.

Design and build Relm’s Group actuarial function from the ground up.

Recruit, develop and lead a team covering reserving, pricing support and capital modelling.

Lead the transition from outsourced actuarial support to an in-house model.

Establish consistent actuarial methodology, governance and standards across all Relm entities.

Present actuarial analysis, results and recommendations to senior leadership, the Board Risk Committee and Audit Committee.

Own quarterly and annual reserve reviews across the Group.

Provide actuarial oversight of reserves relating to business written through Relm and its MGA partners.

Support Group and entity-level financial reporting.

Oversee the Approved/Loss Reserve Specialist actuary requirements under Bermuda’s regulatory framework, where applicable.

Own the Group’s capital adequacy assessment, includingBSCR and ECR calculations.

Support rating agency engagement, including AM Best BCAR submissions and ERM assessments.

Monitor capital adequacy and advise senior leadership on capital management, reinsurance strategy and risk appetite.

Establish a robust actuarial pricing oversight framework.

Review MGA bordereaux and management information to identify adverse development, pricing concerns or emerging trends.

Provide actuarial input into new MGA onboarding, programme design, binding authority renewals and capacity structures.

Partner closely with underwriting teams to develop and refine pricing tools and benchmarks.

Act as Relm’s principal actuarial point of contact with the Bermuda Monetary Authority.

Work closely with Risk, Finance, Compliance and Underwriting to strengthen the Group’s risk management framework.

Ensure actuarial governance, documentation and peer review standards meet regulatory expectations.

Support external audit activity while maintaining clear independence between actuarial and audit relationships.

We’re looking for a senior actuary who is equally comfortable being hands-on technically and operating at Board level.

You will ideally bring:

Significant actuarial experience within commercial, specialty or reinsurance markets.

Strong reserving, capital modelling and regulatory experience.

Experience working within the Bermuda regulatory environment or with the BMA would be…