Risk Analyst

Do you have experience within capital modeling and a passion for quantitative analysis and risk management? Are you eager to accelerate your learning curve within these areas in an international context? Then the role as Risk Analyst and Enterprise Risk Management (ERM) modeler at Sirius could be the perfect role for you 

As a Risk Analyst and ERM modeler at Sirius you will be part of an exciting and challenging journey where complexity, data management and creative problem solving is a part of your daily work. You will be working in the Capital Modeling and Group Risk department, which currently consists of five people. Our main areas of responsibility are Internal Capital modeling, aggregated risk modeling, calculation of solvency capital requirements and projections for capital and risk within the Sirius group. The department supports the Group Chief Risk Officer (CRO) with the ownership of Sirius' internal capital model and Group Risk Reporting. The department also supports the Group CRO with regulatory and rating agency reporting and analysis. You will play an active part in the capital modeling team. This will mean:

• Developing and updating the internal model, typically being in charge of one or a few risk areas
• Performing stress and scenario tests of regulatory and rating agency ratios for annual solvency assessments and on an ad-hoc basis
• Supporting the CRO with regulatory and rating agency reports
• Supporting the CRO with the setting and monitoring of companywide risk tolerances
• Validating the internal model to ensure the best methods and data are used in the modeling
• Working with improving the data processes into and from the model

Since the Capital Modeling and Group Risk department are organized internationally, the position also requires ability for travels. You will report to Head of Capital Modeling and group Risk Reporting.

We are looking for someone who is flexible, have an open-minded attitude and a desire to be part of a committed team. The qualities were looking for are:

• At least 3 years of experience within risk management and capital modeling work
• Strong quantitative background – mathematical/statistical/actuarial qualifications
• Master of Science degree in Mathematics, Actuary, Mathematical Statistics, Engineering Physics, Insurance Mathematics or the like
• Knowledge about ReMetrica or similar capital models
• Experience from working with economic simulation tools, for example ESG (Economic, Scenario Generator)
• Oral and written proficiency in English
• Experience with SQL and/or Python is a merit

To succeed and thrive in the role you are self-driven, analytical, creative and have an ability to work independently as well as in a team environment. Furthermore, you have a genuine interest in data management and processing, for example when it comes to challenging, improving and maintaining the quality of the input data used for the modeling. Since you are presenting data insights to people who sometimes do not have the same background as you, it is also important that you have good social skills. In other words, you have an ability to convert numbers and results to presentations with a message.

Working hours: Full time

Start: By agreement with consideration to notice period, desirable during autumn 2020

Office Location: Stockholm, Sweden

This is an exciting opportunity to join a leading reinsurance company where you will be able to develop, contribute and grow in your career. Sounds interesting? Apply now

Sirius International Insurance Group, Ltd. ("Sirius") is an international, multi-billion dollar, public company with worldwide interests in insurance and reinsurance. Listed on the NASDAQ ("SG"), Sirius is a Bermuda domiciled holding company providing reinsurance on a worldwide basis through four principal segments: Global Property, Global A&H, Specialty & Casualty, and Run-off and Other. Sirius has locations around the globe, with principal locations in Bermuda, Stockholm, New York and London.

Sirius provides insurance and reinsurance products worldwide. Sirius offers insurance and reinsurance products for property lines and agriculture, accident and health, medical travel, aviation and space, marine, trade credit, contingency, casualty, surety, asbestos risks, environmental risks, and other long-tailed liability exposures, as well as administration services. They are also involved in the acquisition and management of runoff liabilities for insurance and reinsurance companies.