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Reinsurance Analyst
4 months ago
Are you a graduate of Mathematics, Engineering, Science or Economics and looking for an opportunity to learn and grow within an expanding organisation?
This is a fantastic opportunity to join a global company and develop your career alongside professionals who have taken the same path within the organisation.
As an Analyst, you will work closely with underwriters, gaining hands-on experience to develop your understanding of how to make decisions, build client relationships, and manage deals from start to finish.
Key Responsibilities
Provide analysis and pricing support to underwriters Extract modelling data for deal and portfolio analyses using third-party and proprietary models, tools, and systems; interpret and challenge model results Develop an understanding of broker and client dynamics through regular interactions and meetings to develop understanding of drivers and motivations at play in the negotiation Provide data review and modelling for insurance, assumed and retrocession deals in appropriate jurisdictions Support the underwriting process, from initial broker contact to providing inputs to underwriters on transactions to servicing post-transaction client requests (jurisdiction dependent) Evaluate and implement new risk models and changes to current risk models Assist in the completion of regulator or other stakeholder required exposure management reports and presentationsKey skills and Requirements
Undergraduate degree with an emphasis on science, engineering, economics, mathematical, statistical techniques or simulation or equivalent demonstration of relevant knowledge Preferred but not required - Some experience at a re/insurer, reinsurance broker or a vendor catastrophe modelling firm (including basic understanding of structures, financial terms & conditions, and market dynamics) Graduates without work experience but the requisite skill sets can be considered Strong listening skills, global mindset, and respect for cultural differences Excellent mathematical, statistical, problem-solving, data/time management skills Strong communication (written, oral, interpersonal skills) and collaboration skills, including the ability to express a point-of-view and receive feedback from others The ability to operate in a fast-paced underwriting environment with multiple workstreams with timely and accurate results The ability to deal effectively and courteously with clients, brokers, and colleagues, and exercising discretion and confidentiality in all mattersRequired skills: advanced knowledge of MS Excel, intermediate knowledge of MS Word/PowerPoint
Preferred skills: working knowledge of R, Python, SQL, & commercially available third-party models
Benefits
Competitive salary and excellent benefits package Opportunities for career development and progression Collaborative and empowering work environment Centrally located office in Dublin 2 (Please note, this role is required to work on site ~4 days per week)