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Tuesday, January 08, 2008

Reinsurance Actuarial Analyst (Bermuda)

The D. E. Shaw group seeks a talented individual to join its reinsurance business in Bermuda. The Reinsurance Actuarial Analyst will play an integral role in establishing and growing the reinsurance strategy and will be involved in quantitative data analysis and model development.

Responsibilities:

  • model expected profitability and risk on a per-contract and portfolio basis, using a combination of vendor and proprietary tools and techniques
  • assist underwriting team with pricing and risk analyses for submissions
  • maintain overall data integrity for the business
  • work with counterparties and vendors to validate model assumptions and inputs
  • contribute to ongoing development of analytical tools
General Qualifications:
  • thorough understanding of probabilistic and statistical concepts and reasoning used in risk analysis for reinsurance
  • undergraduate degree in mathematics, statistics, or another quantitative field
  • proven ability to work independently
  • excellent communication skills and strong attention to detail
The successful candidate will also fulfill two of the following three qualifications:
  • part-qualified actuary designation
  • minimum three years of reinsurance industry experience
  • minimum two years of experience using RMS or AIR software for catastrophe modeling
Applicants should submit a resume and cover letter to DataShaping-Actuary@career.deshaw.com.

The D. E. Shaw group is a New York-based global investment and technology development firm with approximately $35 billion in aggregate capital (as of November 1, 2007), an international reputation for financial innovation and technological leadership, and offices in North America, Europe, and Asia.

Members of the D. E. Shaw group do not discriminate in employment matters on the basis of race, color, religion, gender, pregnancy, national origin, age, military service eligibility, veteran status, sexual orientation, marital status, disability, or any other protected class.

URL: www.datashaping.com/jobs16561x.shtml
Please mention datashaping.com when applying. Thank you.

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