Risk Analyst
vor 2 Monaten
Risk Analyst - Reinsurance
On behalf of a well-known reinsurance group in Zurich, we are looking for Risk Analysts. This role is integral to the underwriting process, responsible for the analysis and underwriting recommendations of assumed risks, systems, and model development, analysis and support, and resource for new product development and portfolio analytics.
Your 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 presentations
Your profile
- 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) preferred but not required; graduates without work experience but the requisite skill sets will be considered
- Undergraduate degree with an emphasis on science, engineering, economics, mathematical, statistical techniques or simulation or equivalent demonstration of relevant knowledge
- Emotional and organizational IQ; 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 matters
- Required 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
- Excellent English is a must, German is a great plus
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