At a Glance
- Tasks: Lead catastrophe pricing and modelling for reinsurance across Europe and Asia Pacific.
- Company: Global leader in reinsurance with a focus on innovation and excellence.
- Benefits: Attractive salary, comprehensive benefits, and opportunities for global collaboration.
- Other info: Join a dynamic team with a commitment to professional growth and development.
- Why this job: Make a significant impact on global catastrophe risk management and drive innovative solutions.
- Qualifications: Experience in catastrophe modelling and strong leadership skills required.
The predicted salary is between 72000 - 108000 £ per year.
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 the following:
- 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 scope of role, including presentation of results to Chief Reinsurance Actuary and company management.
Manage completion of catastrophe modelling elements for regulatory returns. This will include fulfilling FINMA (Swiss regulator) requirements as required by Swiss OpCo, likewise for MAS (Singaporean regulator) in respect of Singapore branch and Lloyd's for 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. Communication of results to underwriting and senior management.
Modelling process – collaborate with other senior leaders of the Catastrophe Modelling group to ensure best practice as regards installation and optimisation of vendor software. Research and recommend ways in which 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.
Qualifications: Manage the International Reinsurance Catastrophe Modelling team in the pricing and accumulation monitoring of catastrophe exposures. Remit of role is global excluding Americas & Caribbean.
Vice President, International Reinsurance Treaty in London employer: Allied World
Contact Detail:
Allied World 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 contacts on LinkedIn or at events. We all know that sometimes it’s not just what you know, but who you know that can land you that VP role.
✨Tip Number 2
Prepare for those interviews by brushing up on your technical knowledge and current trends in catastrophe modelling. We want to see you shine when discussing your insights on climate change and exposure management!
✨Tip Number 3
Don’t forget to showcase your leadership skills! When chatting with potential employers, highlight your experience managing teams and driving best practices in catastrophe pricing and modelling.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search.
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 pricing and any relevant regulatory knowledge, especially regarding FINMA and MAS requirements.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of how you've managed catastrophe modelling teams or improved processes in previous positions. We love a good story!
Showcase Your Communication Skills: Since you'll be communicating results to senior management, it's crucial to demonstrate your communication skills in your application. Use clear and concise language, and don't shy away from showcasing any presentations you've done in the past.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you get all the updates directly from us. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Allied World
✨Know Your Catastrophe Models
Make sure you’re well-versed in the latest catastrophe models relevant to Europe and Asia Pacific. Brush up on how these models work, their limitations, and how they impact pricing. Being able to discuss specific models and their applications will show your expertise and readiness for the role.
✨Understand Regulatory Requirements
Familiarise yourself with the regulatory frameworks of FINMA and MAS, as well as Lloyd's requirements. Be prepared to discuss how you would ensure compliance in your role. This knowledge will demonstrate your ability to navigate the complexities of international reinsurance.
✨Prepare for Scenario Questions
Expect scenario-based questions that test your problem-solving skills in catastrophe modelling and pricing. Think about past experiences where you’ve had to manage risk or improve processes, and be ready to share those examples. This will highlight your practical experience and strategic thinking.
✨Showcase Your Leadership Skills
As a Vice President, you'll need to lead a team effectively. Be prepared to discuss your leadership style and how you’ve successfully managed teams in the past. Highlight any initiatives you've led that improved processes or outcomes, as this will resonate well with the interviewers.