The Fidelis Partnership is a leading privately owned, Bermuda‑based Managing General Underwriter writing a global portfolio of property, bespoke, and specialty insurance and reinsurance. Our underwriting spans aviation and aerospace, energy, marine, property, terrorism and political violence, contingency, and credit.
We operate from Dublin, London, Bermuda, and Abu Dhabi, and we also sponsor and develop specialist MGAs through our Pine Walk platform.
Fidelis is one of the fastest‑growing insurance groups in the London market, with GWP increasing from $1.3bn in 2021 to $4.6bn in 2024. We write business on behalf of the Fidelis Insurance Group under a long‑term agreement, and have expanded our underwriting platforms with the launch of Lloyd’s Syndicate 3123 in 2024 and Syndicate 2126 in 2025.
Role Overview
The Senior Risk Analyst, as part of the Actuarial team, will be responsible for delivering individual case pricing to the Property Treaty underwriters, assist with accumulation reporting and portfolio roll up, and complete research projects to advance the internal view of risk. This role will have Line Management responsibility.
Duties & Responsibilities
- Provide data analytics and price catastrophe reinsurance contracts using a combination of cat modeling results and cedant historical experience
- Identify areas where models can over/understate risk and make appropriate adjustments
- Explain catastrophe modelling concepts and results to underwriters to support informed decision-making
- Ensure that analysis and reporting methodologies are constantly evolving and adapting to new technologies and market conditions
- Conduct research and model evaluation studies to enhance the understanding of international perils, and manage projects as required
- Supervise and review pricing produced by risk analysts
Skills & Experience
- University degree, preferably in Mathematics, Science or Economics or a related discipline
- Proven experience in property reinsurance pricing including cat modelling analyses and non-modelled methods e.g. experience rating, curve fitting
- Knowledge of building reinsurance structures within DFA models (e.g. Remetrica, MetaRisk)
- Experience in pricing global or regional treaty programs
- Strong Excel skills including VBA; SQL knowledge
- Strong communication skills with an ability to express views and ideas clearly and logically
- Strong critical thinker who can interrogate the data to ensure it makes sense and provide challenge when required
- Able to self-lead and work effectively both independently and with teams
- Demonstrated ability to deliver accurate and thoughtful work within tight deadlines and/or while working extended hours
Desirable Skills and Qualifications
- Strong knowledge of Verisk and Moody’s (RMS) models and ability to compare against brokers’ view of risk
- Prior experience in managing junior members of the team
- Research interests in climatological, meteorological or seismic sciences
- Understanding of return on equity calculations and portfolio optimization considerations
Our culture is defined by our ethos. It is the foundation of who we are and the core of everything we do.
- Results – We want to be the best at the things we care about, so we focus on profitability over volume, with responsive decision-making and clear prioritised accountability.
- Innovate – We aspire to lead the market in providing the services and products our clients need, and to drive change in the broader impact our industry has on human rights, society, and environmental sustainability.
- Include – We create an environment where employees can bring their whole self to work, with open communication where everyone, irrespective of gender, ethnicity, sexual orientation or background, feels able to contribute ideas and be recognised and rewarded for their contribution.
- Unite – We operate as team of individual talents that actively seeks to reflect the diversity of the societies in which we operate, giving our business the widest range of inputs and perspectives.
- Respond – We work in a business exposed to sudden shocks and changes – elemental, political, economic and human – so we remain nimble and ready for change.
DIVERSITY AND INCLUSION
Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We believe that developing and maintaining a diverse and inclusive organisation is critical to our success. Our hiring, assessment and selection process must be fair, free from bias and one which ensures we select the right person for the job, based on merit.