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Job ID: 34338
Job Openings by Title Risk Analyst
Location Bermuda
Description:
Position:	Risk Analyst

Company:	Reinsurance

Location:	Bermuda

Job ID:		34338

Responsibilities:

- Reserving and validating quality and completeness of data provided by others.
- Drafting high quality and accurate presentations of output for senior management, Board and Board Committees, articulating technical information and its implications to non-technical stakeholders.
- Working closely with finance colleagues to prepare aspects of regulatory reporting in Bermuda, the UK, Malta, Gibraltar and other relevant jurisdictions.
- Performing analysis to support management, Board, Regulatory, rating agency and public reporting.
- Researching and communicating rating agency methodology changes.
- Preparing calculations on regulatory and rating agency bases.
- Providing risk input to Quantitative Reporting templates for solvency II regulated entities.
- Supporting model change and validation through carrying out various validation tests and maintaining robust documentation.
- Proactively engaging with the providers of data and stakeholders across the company to embed the data quality policy.
- Supporting the development of systems and processes related to risk and capital management.
- Delivering risk modeling and analyses on proposed and implemented new strategies; quantifying changes to the company’s risk profile arising from alternative strategic initiatives.
- Supporting wider risk management activities, such as risk attestation.
- Responding to frequent ad-hoc request for analysis, data gathering and reporting.
- Involvement with other special projects and initiatives as required.

Qualifications:

- Bachelor’s degree or higher in a relevant numerate discipline.
- Must hold internationally recognized professional accounting designation, actuarial designation or be working towards an actuarial designation.
- 3 years’ experience working with the re/insurance sector.
- Understanding of reinsurance and the Bermuda, European or Lloyd’s markets and regulatory regimes.
- Proven experience in identifying and implementing process improvements and efficiencies.
- Excellent IT skills including a high proficiency in Excel.
- Demonstrated ability to present risk reward analyses to support risk- based decision making preferred.
- Experience of working in multi-disciplinary, multi-location teams and advantage; ability to travel to the UK without a visa preferred.
- Team player with excellent written verbal communication and interpersonal skills.
- Strong attention to detail and proven ability to act with professionalism, reliability, integrity and trustworthiness.
- Diligent, self-driven and organized, with excellent time management skills.



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