At a Glance
- Tasks: Lead a global team in catastrophe modelling and pricing for reinsurance across Europe and Asia Pacific.
- Company: Dynamic international reinsurance firm with a focus on innovation and collaboration.
- Benefits: Attractive salary, comprehensive health benefits, and opportunities for professional growth.
- Other info: Join a forward-thinking team with excellent career advancement opportunities.
- Why this job: Make a significant impact in the reinsurance industry while tackling global challenges like climate change.
- Qualifications: Strong experience in catastrophe modelling and leadership skills in a global context.
The predicted salary is between 100000 - 150000 € per year.
Manage the International Reinsurance Catastrophe Modelling team in the pricing and accumulation monitoring of catastrophe exposures. The remit of the role is global excluding Americas & Caribbean.
- Manage catastrophe pricing for reinsurance in Zug and Singapore, covering Europe and Asia Pacific.
- Oversight of the Probable Maximum Loss process for International Reinsurance, including:
- Monthly roll-up for modelled perils
- Derivation of non-modelled perils
- Completion of reconciliation process quarterly to meet Audit requirements
- Undertake and review validation of external catastrophe models in key peril-regions within the scope of the role, including presentation of results to the Chief Reinsurance Actuary and company management.
- Manage completion of catastrophe modelling elements for regulatory returns, fulfilling FINMA (Swiss regulator) requirements as required by Swiss OpCo, likewise for MAS (Singaporean regulator) in respect of the Singapore branch and Lloyd's for the Singapore service company.
- Catastrophe event reporting – ensure the production of accurate and timely information in respect of natural catastrophe events in Europe and Asia Pacific, and communication of results to underwriting and senior management.
- Modelling process – collaborate with other senior leaders of the Catastrophe Modelling group to ensure best practice regarding installation and optimisation of vendor software. Research and recommend ways in which the process can be improved through in-house development or software acquisition.
- Support the Chief Reinsurance Actuary as a member of the Catastrophe Modelling Management Team on matters and initiatives relating to catastrophe business, e.g., climate change, exposure management, validation policy, selection/renewal of models, determination of peril-regions to validate.
Vice President, International Reinsurance Treaty in London employer: Allied World Assurance Company
As a leading player in the international reinsurance market, our company offers an exceptional work environment for the Vice President, International Reinsurance Treaty role, particularly in Zug and Singapore. We pride ourselves on fostering a collaborative culture that encourages innovation and professional growth, providing employees with opportunities to lead impactful projects while navigating the complexities of global catastrophe modelling. With a commitment to employee development and a focus on meaningful contributions to the industry, we ensure that our team members are well-equipped to thrive in their careers.
Contact Detail:
Allied World Assurance Company Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Vice President, International Reinsurance Treaty in London
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or at events. We can’t stress enough how important it is to make connections that could lead to job opportunities.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. We recommend practising common interview questions and tailoring your answers to highlight your experience in catastrophe modelling and reinsurance.
✨Tip Number 3
Showcase your expertise! Bring along examples of your work or case studies that demonstrate your skills in pricing and accumulation monitoring. We want to see how you can add value to the team.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can keep you top of mind. And remember, apply through our website for the best chance at landing that dream role!
We think you need these skills to ace Vice President, International Reinsurance Treaty in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Vice President, International Reinsurance Treaty. Highlight your experience in catastrophe modelling and pricing, especially in Europe and Asia Pacific. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of your past achievements in managing teams and overseeing complex processes. We love a good story that showcases your expertise!
Showcase Your Leadership Skills:As a VP, we expect strong leadership qualities. In your application, emphasise your experience in managing teams and collaborating with senior leaders. Let us know how you've driven best practices in your previous roles!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at Allied World Assurance Company
✨Know Your Catastrophe Models
Make sure you’re well-versed in the latest catastrophe models and their applications. Brush up on how these models impact pricing and risk assessment, especially in Europe and Asia Pacific. Being able to discuss specific models and their validation processes will show your expertise.
✨Understand Regulatory Requirements
Familiarise yourself with the regulatory frameworks in Switzerland and Singapore, particularly FINMA and MAS requirements. Be prepared to discuss how you would ensure compliance in your role, as this is crucial for the position.
✨Showcase Your Leadership Skills
As a Vice President, you'll need to demonstrate strong leadership capabilities. Prepare examples of how you've successfully managed teams or projects in the past, particularly in high-pressure situations. Highlight your collaborative approach with senior leaders and how you drive best practices.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills in real-world situations. Think about potential catastrophe events and how you would report and manage them. This will help you illustrate your strategic thinking and decision-making abilities.
