Group 1001

Director, Quantitative Analysis

Group 1001

full-time

Posted on:

Location Type: Hybrid

Location: Stamford • Connecticut • United States

Visit company website

Explore more

✨ AI Apply
Apply

Job Level

Lead

Tech Stack

Python

About the role

  • Supervise all operations in portfolio surveillance and analytical services.
  • Oversee Loss Model, Mark to Market and Capital Adequacy reports.
  • Supervise the drafting of the Quarterly Business Review document section on risk management.
  • Develop pricing models for new products including credit insurance.
  • Develop scorecards to manage concentration risks for the entire company.
  • Oversee Capital Charge Models for all lines of business and the entire company.
  • Provide peer review of reinsurance transactions.
  • Develop reinsurance database and loss reserving methodologies.
  • Oversee the quantitative analyses and information provided to auditors and rating agencies.
  • Support all new business development for US and international markets.
  • Provide any requested quantitative analysis and information for various business lines and corporate initiatives.

Requirements

  • Bachelor’s degree in actuarial science, economics, statistics or related field.
  • 7-10 years’ experience in an analytical position, preferably in P&C insurance or reinsurance.
  • 2-5 years’ experience of managing a quantitative or actuarial team.
  • Strong understanding of actuarial principles, compliance requirements, risk management techniques, and financial modeling (ACAS or FCAS is a plus).
  • Excellent skills and/or experience in data analyses and management.
  • Proficient in Microsoft Excel and working knowledge of statistical software such as R, STATA or SAS.
  • Programming knowledge in Python is a plus.
Benefits
  • Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package.
  • Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options.
  • Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability.
  • All employees (regardless of hours worked) have immediate access to the Company’s Employee Assistance Program and wellness programs—no enrollment is required.
  • Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
loss modelingcapital adequacypricing modelsscorecardscapital charge modelsquantitative analysisdata analysisfinancial modelingactuarial principlesrisk management techniques
Soft Skills
supervisionpeer reviewbusiness developmentcommunicationteam management
Certifications
ACASFCAS