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 collaboration.
- Benefits: Attractive salary, comprehensive benefits, and opportunities for professional growth.
- Why this job: Make a significant impact on global catastrophe management and work with industry experts.
- Qualifications: Experience in catastrophe modelling and strong leadership skills required.
- Other info: Join a dynamic team dedicated to tackling climate change and enhancing risk management.
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.
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 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
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or at events. We all know that sometimes it’s not just what you know, but who you know that can help you land that VP role.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of catastrophe modelling and regulatory requirements. We want you to be able to discuss the latest trends in reinsurance confidently!
✨Tip Number 3
Showcase your leadership skills! When discussing your experience, highlight how you've managed teams and projects. We’re looking for someone who can lead the International Reinsurance Catastrophe Modelling team effectively.
✨Tip Number 4
Don’t forget to 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
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.
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 or led teams in similar environments. Make it personal and engaging!
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 consider including examples of past presentations or reports you've delivered.
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 don’t miss out on any important updates from us!
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. Be prepared to discuss how you would ensure compliance with these regulations 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 clearly and confidently.
✨Showcase Leadership Skills
As a Vice President, leadership is key. Be prepared to discuss your experience managing teams and collaborating with senior leaders. Highlight any initiatives you've led that improved processes or outcomes, as this will illustrate your capability to lead the International Reinsurance Catastrophe Modelling team effectively.