Description
We are seeking a Junior Quantitative Analyst to join our Credit & Financial Risk reinsurance broking team. As a Junior Quantitative Analyst, you will play a key analytical role across the full lifecycle of client transactions, including structuring optimal reinsurance solutions for clients, determining market-adequate pricing for reinsurance programmes, developing and visualising reporting data for client portfolios, market-benchmarking of programmes and pricing, supporting RFP pitches through analytical work, and providing analytical and pricing support for portfolio credit and significant risk transfer (SRT) transactions.
Responsibilities:
- Build, maintain, and enhance quantitative models to support the structuring and pricing of credit reinsurance transactions.
- Conduct in-depth analysis and review of portfolio credit and significant risk transfer (SRT) transactions, including data validation, cash flow modelling, and scenario/stress testing.
- Support the preparation of client-facing analytical outputs, presentations, and transaction submissions, ensuring accuracy and completeness.
- Collaborate with brokers and account handlers to translate analytical findings into client solutions and structuring recommendations.
- Assist with the collection, cleaning, and interpretation of underlying portfolio data provided by clients and cedents.
- Maintain accurate and up-to-date records of transaction analytics, pricing assumptions, and models on company systems.
- Follow compliance procedures, including securing necessary approvals and maintaining client files.
- Build effective working relationships with reinsurers, clients, and internal stakeholders across our world-wide mandate.
- Stay informed of credit market trends, capital relief and significant risk transfer (SRT) developments, and analytical techniques relevant to the credit reinsurance segment.
- Actively participate in personal development, progressively taking on greater client and account management responsibilities over time, and adhere to regulatory requirements / training.
Requirements:
- A university degree in finance, actuarial science, economics, mathematics, physics, or a related field.
- Strong programming and analytical skills, ideally including Python and/or R.
- A genuine interest in credit risk, structured reinsurance, and portfolio analytics, with the ambition to grow into a client-facing broker/actuary role over time.
- Expert knowledge in stochastic calculus, Monte-Carlo simulations and practical application of such.
- Fluent in English; German language skills strongly preferred.
- Willingness to travel as required.
- Swiss work permit or EU passport required.
- Good communication skills (written and verbal), with the ability to present analytical findings clearly to technical and non-technical audiences alike.
- Good time management, able to manage multiple work-streams and meet deadlines under pressure.
- Adaptable and resilient, able to respond positively to change and to work both independently and as part of a small, high-performing team.
- Some prior exposure to insurance, reinsurance, or financial services (e.g. through internships) is preferable.
What we offer:
- A career that you define.
- Our business succeeds by allowing our people to make a mark in the areas they care about most: personal development, volunteering, and fundraising for charity, or creating new insurance products that address society’s greatest challenges.
- We do our best to support our people in every aspect of their lives.