Reinsurance Analyst ICT, Insurance Dublin 2

Job title:

Reinsurance Analyst ICT, Insurance Dublin 2

Company

Lex Consultancy

Job description

Are you a graduate of Mathematics, Engineering, Science or Economics and looking for an opportunity to learn and grow within an expanding organisation?This is a fantastic opportunity to join a global company and develop your career alongside professionals who have taken the same path within the organisation.As an Analyst, you will work closely with underwriters, gaining hands-on experience to develop your understanding of how to make decisions, build client relationships, and manage deals from start to finish.Key Responsibilities

• Provide analysis and pricing support to underwriters
• Extract modelling data for deal and portfolio analyses using third-party and proprietary models, tools, and systems; interpret and challenge model results
• Develop an understanding of broker and client dynamics through regular interactions and meetings to develop understanding of drivers and motivations at play in the negotiation
• Provide data review and modelling for insurance, assumed and retrocession deals in appropriate jurisdictions
• Support the underwriting process, from initial broker contact to providing inputs to underwriters on transactions to servicing post-transaction client requests (jurisdiction dependent)
• Evaluate and implement new risk models and changes to current risk models
• Assist in the completion of regulator or other stakeholder required exposure management reports and presentations

Key skills and Requirements

• Undergraduate degree with an emphasis on science, engineering, economics, mathematical, statistical techniques or simulation or equivalent demonstration of relevant knowledge
• Preferred but not required – Some experience at a re/insurer, reinsurance broker or a vendor catastrophe modelling firm (including basic understanding of structures, financial terms & conditions, and market dynamics)
• Graduates without work experience but the requisite skill sets can be considered
• Strong listening skills, global mindset, and respect for cultural differences
• Excellent mathematical, statistical, problem-solving, data/time management skills
• Strong communication (written, oral, interpersonal skills) and collaboration skills, including the ability to express a point-of-view and receive feedback from others
• The ability to operate in a fast-paced underwriting environment with multiple workstreams with timely and accurate results
• The ability to deal effectively and courteously with clients, brokers, and colleagues, and exercising discretion and confidentiality in all matters

Required skills: advanced knowledge of MS Excel, intermediate knowledge of MS Word/PowerPointPreferred skills: working knowledge of R, Python, SQL, & commercially available third-party modelsBenefits

• Competitive salary and excellent benefits package
• Opportunities for career development and progression
• Collaborative and empowering work environment
• Centrally located office in Dublin 2 (Please note, this role is required to work on site ~4 days per week)

If you meet the requirements, please send your CV to Ellen via the enclosed link.

Expected salary

Location

Southside Dublin

Job date

Sat, 06 Jul 2024 01:12:56 GMT

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