Insurance Linked Securities (ILS) Quant Analytics
Location: New York
Posted on: August 17, 2019
Ref #: 27546
Employee Type: Full Time
Location: New York
Experienced Required: 7 - 10 Years
Date published: 31-Jul-2019
We are PIMCO, a leading global asset management firm. We manage
investments and develop solutions across the full spectrum of asset
classes, strategies and vehicles: fixed income, equities,
commodities, asset allocation, ETFs, hedge funds and private
equity. PIMCO is one of the largest investment managers, actively
managing more than $1.84 trillion in assets for clients around the
world. PIMCO has over 2,700 employees in 17 offices globally. PIMCO
is recognized as an innovator, industry thought leader and trusted
advisor to our clients.
PIMCO is one of the world s premier fixed income investment
managers with thousands of professionals around the world united in
a single purpose: creating opportunities for our clients in every
environment. Since 1971, we have brought innovation and expertise
to our partnership with the institutions, financial advisors and
millions of individual investors who entrust us with their assets.
We aspire to cultivate performance and leadership through
empowering our people, diversity of thought, and a commitment to an
inclusive culture that engages in our global communities.
PIMCO Insurance Linked Securities (ILS) Fund team is comprised of
industry leading professionals who are directly responsible for
launching and managing the firm's series of ILS Funds. We are
seeking a VP, Quantitative Analytics for the ILS team. Working with
the SVP Risk & Analytics, this position will have responsibility to
deliver core risk analytics for the ILS portfolio(s). This is an
exciting opportunity to contribute to the growth and management of
PIMCO s ILS Funds.
The individual will be a core part of the PIMCO ILS team providing
transaction level analytical support, such as pricing and risk
measurement for all ILS and reinsurance transactions entertained in
the normal flow of business. The individual will be responsible for
developing and maintaining portfolio dashboards and reports for
both internal and external stakeholders, including but not limited
to, risk and portfolio management services for both regulators and
investors. Responsibilities also include the development of ongoing
loss reserves, coordination of valuation activities with finance,
and post catastrophe response analytics. The individual will also
be responsible for automation of our pricing tools and quantitative
models/algorithms to facilitate the production of key risk
analytics on both a transaction and portfolio level. As such, the
individual will be expected to play a key role in the development
of the ILS technology platform, by engaging with analytics service
providers to ensure the successful product delivery per business
specifications, and conducting user acceptance testing and change
analysis. The individual will also serve as a data steward for key
ILS analytics and risk data sets that are required for operations.
Lastly, the individual will also be involved in the development of
PIMCO's view of catastrophe risk.
Frequent travel to Bermuda, especially during busy transactional
periods may be required.
Must have skills:
* The individual will be an experienced analytics professional with
a strong background in quantitative and actuarial sciences.
* Minimum experience of 8 years in reinsurance, ILS,/(Re)insurance
with a direct Analytics responsibility
* The individual will have intimate knowledge of catastrophe risk
modeling software and their internal databases.
* He or she will have relevant risk analytics, aggregation and
management experience at re/insurance companies.
* The individual will also have strong skills in database and
analytics software such as R and Python.
* Self starter, ability to work independently and also collaborate
across diverse teams
* Demonstrate initiative, creativity and drive in solving
* Must be able to travel frequently as needed
Nice to have skills/credentials
* Fellow of Casualty Actuarial Sciences
* Strong background and advanced degree in Science, Technology,
Engineering, Mathematics, Quantitative Finance or Actuarial
* Experience working in start up or small team environments.
* Experience developing reinsurance/ILS underwriting and analytics
PIMCO is committed to offering a comprehensive portfolio of
employee benefits designed to support the health and wellbeing of
you and your family. Benefits vary by location but may include:
Medical, dental, and vision coverage
Life insurance and travel coverage
401(k) (defined contribution) retirement savings, retirement plan,
pension contribution from your first day of employment
Work/life programs such as flexible work arrangements, parental
leave and support, employee assistance plan, commuter benefits,
health club discounts, and educational/CFA certification
Community involvement opportunities with The PIMCO Foundation in
each PIMCO office
Keywords: PIMCO, New York , Insurance Linked Securities (ILS) Quant Analytics, Other , New York, New York
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