ILS Analyst

Markel Bermuda Limited -
Hamilton, ON

Quick apply

Job details

Full-time

Qualifications

Economics
Microsoft Excel
Finance
Master's degree
Chartered Professional Accountant
Presentation skills
Bachelor's
Organizational skills
Business
Chartered Financial Analyst
Accounting

Full job description

The ILS Analyst will support the Head of ILS solutions in the execution, monitoring and management of Markel’s trading relationship with Nephila, as well as support any future ILS related projects and initiatives. This role sits within Markel Bermuda and works closely with ceded re, legal, actuarial, FP&A and cat modelling. The ILS Analyst will play a key role in collateral tracking, transaction support, financial modelling and internal stakeholder coordination.

Key Responsibilities

Transaction Support

Assist in the preparation of transaction summaries, facility snapshots, memorandums, and presentations for executive leadership.
Track compliance with key contractual provisions in quota shares, underwriting guidelines and other relevant documents.
Support closing processes and coordinate execution of transaction and facility documentation across legal, ceded re and underwriting.

Facility and Fund Monitoring

Coordinate with Ceded Re to track collateral on an aggregate and individual fund basis to ensure ramp up and ramp down of required collateral amounts is in line with strategy.
Monitor existing facilities for material changes in portfolio composition, counterparty concentration and changes to tail metrics.
Assist in monitoring collateral sufficiency relative to exposure.

Financial Modelling, Dashboarding and Reporting

Work with finance to ingest monthly bordereau reporting for existing Nephila initiatives.
Assist in building and maintaining a strategy dashboard to share key insights with senior leaders on an ongoing basis
Track performance of initiatives and calculate and project fee and underwriting income streams
Understand loss scenario and sensitivity analyses
Respond to internal data and reporting requests

Contribute to the continuous development of Markel’s ILS strategy

Identify process or infrastructure enhancements to help improve internal and external alignment.
Conduct market research to help keep senior leadership informed on industry developments
Provide insights and supporting data to assist in identifying possible opportunity areas for Markel
Attend industry events to understand changes in the ILS market and financial markets more generally.

Qualifications

Bachelor’s degree in Finance, Accounting, Economics or related field
1-3 years of experience in underwriting, capital markets or asset management
Intermediate Excel and presentation skills
High attention to detail and strong organizational skills
Ability to effectively communicate in both written and verbal form
Advanced degree or professional designation preferred (MBA, MSc, CFA or CPA)
This role is open to Bermudian status holders only

Quick apply

Key Responsibilities

Transaction Support

Assist in the preparation of transaction summaries, facility snapshots, memorandums, and presentations for executive leadership.

Track compliance with key contractual provisions in quota shares, underwriting guidelines and other relevant documents.

Support closing processes and coordinate execution of transaction and facility documentation across legal, ceded re and underwriting.

Facility and Fund Monitoring

Coordinate with Ceded Re to track collateral on an aggregate and individual fund basis to ensure ramp up and ramp down of required collateral amounts is in line with strategy.

Monitor existing facilities for material changes in portfolio composition, counterparty concentration and changes to tail metrics.

Assist in monitoring collateral sufficiency relative to exposure.

Financial Modelling, Dashboarding and Reporting

Work with finance to ingest monthly bordereau reporting for existing Nephila initiatives.

Assist in building and maintaining a strategy dashboard to share key insights with senior leaders on an ongoing basis

Track performance of initiatives and calculate and project fee and underwriting income streams

Understand loss scenario and sensitivity analyses

Respond to internal data and reporting requests

Contribute to the continuous development of Markel’s ILS strategy

Identify process or infrastructure enhancements to help improve internal and external alignment.

Conduct market research to help keep senior leadership informed on industry developments

Provide insights and supporting data to assist in identifying possible opportunity areas for Markel

Attend industry events to understand changes in the ILS market and financial markets more generally.

Qualifications

Bachelor’s degree in Finance, Accounting, Economics or related field

1-3 years of experience in underwriting, capital markets or asset management

Intermediate Excel and presentation skills

High attention to detail and strong organizational skills

Ability to effectively communicate in both written and verbal form

Advanced degree or professional designation preferred (MBA, MSc, CFA or CPA)

This role is open to Bermudian status holders only

Job seeker tools

Employer Tools

Browse

Stay Connected