The newly set up Portfolio Management Unit ensures risk adequate pricing of American Modern’s exposures based on portfolio management excellence criteria set by Munich Re Group to ensure consistent focus on sustainable profitability of AMIG’s book of business. Portfolio Management will support AMIG’s profitable growth strategy by facilitating business development.
Key Job Responsibilities:
Responsible for analyses, recommendations or special projects relating to the allocation of natural catastrophe budgets and portfolio optimization with Geospatial Information Systems (GIS). Statistical analysis of modeled and non-modeled catastrophe losses including financial projections and actuarial analyses.
Further development of underwriting guidelines including modeling best practices in collaboration with Cat Management in Princeton and CU in Munich to better meet AMIG’s needs. Utilizing knowledge synergies specifically with MRAm RD, Specialty Markets and Global Clients.
Assistance in the training of newer analysts.
- Minimum of two years industry experience, preferably in an actuarial, underwriting or product role
- Strong analytical skills to handle large data sets in MS Access, SQL, advanced business analysis in MS Excel
- Strong communication skills to manage different interfaces of Portfolio Management
- Available to travel for business 10% of time including international travel
Bachelor’s Degree or equivalent experience; MBA or post graduate degree preferred.
American Modern Insurance Group, Inc. - 16 months ago