Risk Analyst

About RenaissanceRe 

For over three decades, RenaissanceRe has helped its clients manage the risks of operating in a volatile and uncertain world. We’re experts in Property, Casualty, Specialty, Cyber and Credit reinsurance, consistently recognized for the innovative way we combine data, experience and technology to understand and manage large and complex risks across the world. We are also a business with a real social purpose - we help protect communities around the globe and enable prosperity for all. Our purpose drives us forward every day as we seek solutions to some of the world's most complicated challenges. To learn more, please visit us at Careers - RenaissanceRe (renre.com).  RenaissanceRe currently has openings in analyst roles in Casualty, Property, and Specialty Underwriting/Analytics in various locations throughout the world.

About the Analyst Role 

As a Senior Analyst, you will learn by working side-by-side with our underwriters, gaining hands-on experience to develop your understanding of how to make decisions, build client relationships, and manage deals from start to finish. You’ll also work closely with internal partners who enable our success, including actuaries, risk analysts, applied researchers, IT, operations, finance, and business development.

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

Candidate Qualifications: 

• Undergraduate degree with an emphasis on science, engineering, economics, mathematical, statistical techniques or simulation or equivalent demonstration of relevant knowledge
• Emotional and organizational IQ; 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/PowerPoint
• Preferred skills: working knowledge of R, Python, SQL, & commercially available third-party models
• Cat. Modeling experience preferred

We believe that meeting these requirements will position you for success in the role. However, if you fulfill most – but not all – of the expectations, we still encourage you to apply, as we are eager to explore your potential and believe in the ability to grow and learn.   At RenaissanceRe, we believe in creating a workplace culture that fosters diversity, equity, and inclusion throughout our business. We have a zero-tolerance policy for harassment and discrimination and take proactive steps to make employees feel valued and empowered to contribute to our collective success. It is RenaissanceRe’s policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/ civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.