Head of Risk Modelling

15 hours ago


London, United Kingdom Envelop Risk Analytics Full time

**Envelop Risk**

**Head of Risk Modelling & Exposure Management**

**Responsibilities**
- Direct management of at least 3 junior analysts, providing training and knowledge share to a large remote technical team
- Oversee the reinsurance modelling, pricing, analysis, and portfolio rollup production across the team, ensuring accuracy, consistency, and timeliness
- Price complex reinsurance pricing cases and assess goodness of fit against portfolio
- Explain modelling and pricing results to various stakeholders including UW, Portfolio Managers, etc.
- Oversee the production of external reports to various stakeholders including, but not limited to fronting partners, retro partners, investors, BMA, AM Best
- Lead the development and maintenance of Envelop’s Industry Exposure Database
- Assist in model validation and model re-calibration
- Plan for future model changes, liaise with CyberTooth 2.0 and coordinate model reruns, anticipating likely impact on pricing and PMLs
- Attend periodic risk meetings, reporting to various stakeholders on issues surrounding cyber risk pricing and exposure management
- Lead business planning process on inwards and outwards reinsurance, advising the team on target clients, optimal outwards program, and capital management
- Assist or lead special data/ modelling projects

**Required Skills, Qualifications & Experience**:

- Undergraduate degree, preferably in mathematics, statistics, economics, or physical sciences
- Hands-on professional with at least ten years of experience using third-party catastrophe modelling tools in an international re/insurance company or broking business; cyber and/or terrorism modelling experience a plus
- Ability to manage, train and reinforce standards with junior analysts situated locally and remotely
- Communicate and validate risk assessment findings with key stakeholders to price various reinsurance structures
- Possess an ability to generate ideas for improvement, take advantage of opportunities, suggest innovations
- Strong team player with initiative combined with a willingness to assume responsibility
- Experience with programming languages/database management (VB/SQL)
- Entrepreneurial spirit with a desire to work in a fast-paced, start-up environment
- Ability to consistently deliver exceptional results on demanding timelines
- Great organizational skills with exceptional follow-through and attention to detail
- Strong client-focused mindset
- Demonstrated ability to successfully work on and complete complex projects
- Highly developed problem-solving skills, combined with a curious and creative mind-set
- Excellent verbal and written communication skills

**Reports to: CRO/Portfolio Manager**

**Location: Bermuda but will require some travel to the UK OR London with some travel to Bermuda



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