Quantitative Developer/Analyst, Weather & Energy - Hybrid (80-100% working degree)

Swiss Re - Schweizerische Rückversicherungs-Gesellschaft; London; Hybrid; GBP 50,000 - 80,000; Full time

Job summary

A leading company in reinsurance is seeking a Quantitative Developer/Analyst for their Weather & Energy Markets department in London. The role involves developing IT infrastructure for derivative contracts and collaborating with various teams. Candidates should have a Master's degree in a quantitative field and strong programming skills in Python, R, or C++. This position offers a hybrid work model, fostering an inclusive culture and diverse perspectives.

Qualifications

• Master's degree in a quantitative science required.
• At least 3 years of programming experience in Python, R, or C++.
• Strong analytical skills and proficiency in database development.

Responsibilities

• Develop and maintain IT infrastructure for pricing and valuating derivative contracts.
• Collaborate with teams on product development and reporting.
• Participate in projects related to portfolio steering and risk reviews.

Skills

Analytical problem-solving

Object-oriented programming

Database development

Statistical analysis

Communication skills

Education

Master's degree in quantitative science

Tools

Python

R

C++

SQL

PostgreSQL

Oracle

SQL Server

AWS

Azure

Excel

Job description

Quantitative Developer/Analyst, Weather & Energy - Hybrid (80-100% working degree)

Our company has a hybrid work model where the expectation is that you will be in the office three days per week.

About the role

In this role, you will support the international Weather & Energy Markets department of Swiss Re and be part of the Business Intelligence & Analytics team. You will work closely with the Origination and Underwriting teams on tailor-made derivative contracts for institutional investors seeking to hedge weather and commodity price risks.

Your responsibilities include:

1. Developing and maintaining IT infrastructure and processes for pricing, booking, and valuating derivative contracts.
2. Participating in various projects related to portfolio steering, product development, reporting, KPI tracking, risk reviews, and governance.
3. Collaborating with internal stakeholders to understand requirements, develop solutions, provide ad hoc services, and own projects and deliverables.

About the Team

Swiss Re Corporate Solutions is a leading player in the Weather, Energy, Commodity, and Power Plant risk transfer markets. We offer a wide range of climate, power, natural gas, and power plant outage risk solutions in insurance and capital markets.

Our clients include power and gas utilities, retailers, independent power producers, renewables, banks, and other energy sectors.

About you

• Master's degree in a quantitative science (e.g., data science, computer science, engineering, mathematics including statistics, economics).
• Strong analytical problem-solving skills and an interest in learning new techniques and personal development.
• At least 3 years of object-oriented programming experience in Python, R, or C++.
• Professional experience with database development in SQL (PostgreSQL), Oracle, and SQL Server.
• Experience working in Windows and Linux/Unix environments, including shell scripting and PowerShell.
• Proficiency in Excel.
• Excellent communication skills in English and ability to collaborate independently with internal clients.
• Interest in working within virtual, multicultural, cross-company, and cross-functional teams.
• Familiarity with financial market products and some knowledge of insurance/reinsurance industries.
• Knowledge of statistical analysis and experience processing large datasets.

Additional skills that are a plus:

• Experience with cloud environments such as AWS or Azure.
• Familiarity with weather and energy commodity markets, power and gas trading, and data analysis.

About Swiss Re Corporate Solutions

Swiss Re is a global leader in reinsurance, insurance, and risk transfer solutions, addressing risks from natural catastrophes and climate change to cyber threats.

Swiss Re Corporate Solutions provides innovative insurance solutions to large and midsized multinational corporations from around 50 locations worldwide, helping clients mitigate risk while offering industry-leading claims services.

We foster an inclusive culture that encourages diverse perspectives and innovative thinking, ensuring equal opportunities for all employees regardless of background or characteristics. We support a workplace where everyone can bring their authentic selves and share a passion for sustainability.

If you are an experienced professional returning to work after a career break, we welcome your application for suitable positions.

Start your career journey with Swiss Re.