Associate (ILS)

Associate @ One William Street Capital Management, L.P. (New York, NY)

JOB DESCRIPTION: Conduct investment analyses and identify strong margin insurance-linked securities (ILS) opportunities, by evaluating market conditions, rate adequacy, return objectives, risk profile and fit within the ILS portfolio. Sole accountability over catastrophe risk modelling for potential investment opportunities, both on publicly traded instruments (Catastrophe Bonds) and private placements or bilateral agreements. Carry out underwriting analyses on opportunities, both quantitative (catastrophe risk, financial modelling) and qualitative (assess counterparty’s credibility, deal structure, completeness of data package and adjust catastrophe risk modelling based on underlying nuances). Perform monitoring across multiple insurance market segments and deliver in-depth reports to senior management, outlining market conditions and identifying key areas of strategic interest. Serve as liaison with brokers and partners, to stay informed of significant market movements and potential high-upside opportunities in the pipeline, while providing them with the desk’s risk appetite and view on market dynamics. Conduct monthly portfolio risk management reports to assist portfolio management team on keeping a profitable strategy while mitigating losses for tail scenarios. Perform the monthly valuation of the ILS portfolio, on both tradeable securities, as well as complex private structures, and generate helpful insights to facilitate buy/sell decisions, based on market conditions. Coordinate with accounting, legal and operations teams within the firm to ensure streamlined and efficient booking, reporting and funding processes. Research and development on new quantitative strategies across multiple asset classes. Occasional international/domestic travel may be required 5% of the time. Salary: $170,000 / year.              

REQUIREMENTS: Requires a master’s degree or foreign equivalent in Business Intelligence & Analytics or directly related analytical field. Experience in insurance-linked securities or relevant academic training, including the following skills: Catastrophe modelling; Financial modelling and analysis; Python; SQL, Excel; Bloomberg; AIR software.

To apply, email [email protected]. Reference: A26ED