Analyst

RenaissanceRe; Greater London; On-site; GBP 45,000 - 65,000; Full time

Job summary

A leading global reinsurer in Greater London is looking for a Portfolio Risk Analyst to enhance its Portfolio Analytics team. This role involves close collaboration with Underwriting, IT, and Risk teams on portfolio management analytics and reporting. Candidates should possess a bachelor's degree in numerical or financial disciplines and have strong analytical and communication skills. The firm promotes a supportive work culture and values individual contributions.

Benefits

Competitive compensation

Talent development program

Employee matching program

Qualifications

• Bachelor's degree or equivalent experience in a numerical/statistical/physical sciences or financial discipline.
• Experience in reinsurance or related fields is advantageous.
• Excellent quantitative and analytical skills.
• Ability to learn and adapt quickly to new technologies.

Responsibilities

• Support Underwriting teams in portfolio modeling and aggregation.
• Investigate and advise on risk modeling and management processes.
• Use models and tools for deal and portfolio analyses.
• Document methodologies, logic, and reporting.

Skills

Quantitative problem solving

Analytical skills

Communication skills

Collaborative teamwork

Advanced Excel

SQL proficiency

Education

Bachelor's degree in numerical/statistical/physical sciences or financial discipline

Tools

Python

ArcGIS

Data management tools

Job description

Overview

RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk source efficient capital and rapidly pay claims.

Our global team shares a passion for solving our customers biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.

RenaissanceRe has a new Portfolio Risk Analyst position to expand its quantitative and technical Portfolio Analytics team. The team is central to supporting the activities of the companys Underwriting Risk Capital Partners and Portfolio Solutions and Analytics departments and is responsible for the strategic direction of RenaissanceRes in-house purpose-built risk systems. The Portfolio Analytics Team acts as the interface between business needs and the technical support required to meet them. The role of the Portfolio Risk Analyst is to work closely with the Underwriting IT and Risk teams on the execution analysis and enhancement of the portfolio management analytics and reporting framework.

This role demands a highly motivated individual with strong communication skills and the ability to translate technical jargon into a language that is accessible to business colleagues and vice versa. The role requires an analytical mindset an intellectual curiosity and an openness to embracing new ideas. The ability to self-start and the confidence to take initiative are essential attributes for this position.

RenaissanceRe offers a high-energy work environment among a group of people characterised by their enthusiasm talent creative thinking and dedication to problem solving. They are generous with sharing their expertise and are supportive in achieving common goals. The culture is one of collaboration and offers everyone access to all parts of the business in the interests of continuous learning and development.

Responsibilities

• Supporting our Underwriting teams in managing the representation of their risk in RenRes daily portfolio modelling and aggregation process including regular troubleshooting of modelled results and addressing queries arising within reports.
• Investigate evaluate and advise on risk modelling and management processes to enable improved analyses risk reporting manipulation of data and workflow.
• Use third party vendor models proprietary tools and systems to effectively extract analyze and report for deal and portfolio analyses; interpret and challenge model results.
• Support evaluation deployment and / or development of proprietary and third-party risk models.
• Support ad hoc projects such as model research benchmarking studies and portfolio analysis.
• Working with our Underwriting Reserving Risk and Risk Development teams to understand their individual data requirements and contribute to devising solutions that hone and strengthen modelling reporting and data management.
• Providing data-driven technical solutions and support in activities relating to risk management modelling reporting and process automation.
• Documenting modelling methodologies business logic and reporting logic as well as participating in the review selection and adoption of third-party risk models and solutions.
• Engaging in broadening the skill and knowledge development of the team through sharing individual expertise to contribute to peer group development.

Qualifications, Skills & Experience

• Bachelors degree in a numerical statistical physical sciences or financial discipline or the equivalent industry experience.
• Experience at a re / insurer reinsurance broker or a vendor catastrophe modelling firm is advantageous but not required.
• Excellent quantitative problem solving and analytical skills.
• A highly developed problem-solving mentality with the ability to learn and adapt quickly to new and evolving technologies and modelling methodologies
• Excellent written verbal and interpersonal communications skills.
• Ability to work collaboratively within a team environment and multi-task in a timely accurate manner.
• Intellectually curious with a strong work ethic.
• Advanced proficiency in Excel and SQL would be beneficial.
• Experience in business intelligence and report development would be beneficial.

Employment Details

• Our people are our most valuable resource and core to our success. This is a fast-paced business environment demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits a comprehensive talent development program and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program global and local community grants and employee volunteerism.
• We seek diversity create equity and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race color religion national origin sex sexual orientation gender identity marital status pregnancy disability military status or other legally protected categories.
• Required Experience: IC
• Key Skills: ArcGIS, Intelligence Community Experience, GIS, Python, Computer Networking, Data Collection, Intelligence Experience, R, Relational Databases, Analysis Skills, Data Management, Application Development
• Employment Type: Full-Time
• Experience: years
• Vacancy: 1

IsExpired: false