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About the Role
As Assistant Vice President, Product Innovation, you will play a key role in transforming emerging risks, new industries, and market opportunities into scalable insurance products. This is a hands-on, technically focused role for an individual with deep insurance product and wording knowledge, who also enjoys identifying opportunities and building new solutions.
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 ensure Relm remains ahead of the curve.
- Lead the development of products for new and emerging industries, from initial sector research through to go-to-market.
- Collaborate 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 insurance solution needs.
- 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.
- Contribute to wider Product Innovation and cross-functional initiatives as Relm continues to grow globally.
Requirements
- Approximately 8 years of experience in 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.
- Proven experience independently managing complex product or underwriting workstreams with limited supervision.
- A strong commercial mindset and the ability to assess the viability of emerging opportunities as insurance products.
- Experience working collaboratively across Underwriting, Legal, Compliance, Distribution, and other business functions.
- Confidence engaging with brokers, clients, and senior internal stakeholders.
- Experience supporting, coaching, or overseeing junior colleagues.
- Curiosity for emerging industries such as digital assets, fintech, biotech, gambling, and other rapidly developing sectors.
- Strong written and verbal communication skills, with the ability to translate complex concepts into clear recommendations.
Skills
- Product Development
- Underwriting
- Policy Wordings
- Coverage Structures
- Market Dynamics
- Commercial Mindset
- Collaboration
- Stakeholder Engagement
- Mentorship
- Communication
Location
- London
- New York
- Dubai
- Miami
- Bermuda
Work Type
- Hybrid
Experience Level
- Assistant Vice President
- 8 years
Education Level
- ACII or CPCU qualifications are desirable but not essential.
Benefits
- 100% coverage of supplemental health, dental, vision, disability, and life insurance plans.
- 10% employer contribution to pension plan.
- 28 days of paid annual leave.
- Continuous training, development programs, and mentorship opportunities.
- Travel incentives, including commuting and parking support.
- Gym memberships and access to exercise classes.
- Work environment where ideas and opinions are valued.
- Multiple pathways for career advancement and personal development.
- Flexible work arrangements.
About the Company
- Relm is the only specialty insurer dedicated to supporting the world’s most innovative industries.
- Relm operates at the forefront of innovative industries by hiring curious minds with deep sector experience.
- Relm’s team operates out of offices in London, New York, Dubai, Miami, Bermuda, executing market-leading insurance solutions for companies operating in digital assets and web3, AI, the space economy, financial technology, biotech, and more.
- Relm is a team of innovators redefining what’s possible in insurance.
- Relm offers an environment designed to be antithetical to traditional insurance and its restraints.
Equal Opportunity
- Diversity and inclusion are a given in this day and age; Relm goes beyond the norm to provide genuine support for our team members.