Senior Quantitative Risk Manager, Hamburg

Location London, Greater London, England
Discipline: Audit, Risk & Compliance
Job type: Permanent
Contact email: james@weareedenbrook.com
Job ref: J3488
Published: 28 days ago
A leading international Insurance and Reinsurance group, specialising in legacy acquisitions and capital solutions, are looking to hire a Senior Quantitative Risk Manager to their senior management team in Hamburg. The Position: The firm is highly acquisitive and so we are looking for a candidate who enjoys an ever-changing landscape and is able to adapt quickly. You will be seen as a ‘go to’ Subject Matter expert across quantitative risk. Key responsibilities include: • Promotion of a positive risk culture, proactive communication of risk management topics to the organization • Quantitative risk assessments - reserving, credit, market price, liquidity and operational risks • Development of existing and new quantification and measurement techniques (including the use of mathematical-statistical methods) and implementation of regular validations of risk models • Implementation and further development of the Internal Control System (ICS): identification, assessment and management of risks and controls • Documentation and testing of internal controls as well as remediation of control weaknesses in close cooperation with process owners and control owners • Risk strategy, risk appetite and limit system: Annual development of the risk strategy based on the business strategy, development of a " risk appetite statement", further development of the limit system and limit monitoring • Design and review of governance and risk policies and procedures • Management of the ORSA process for all companies as well as support within the group • Preparation of documents for local and group risk committees and management boards The Right Candidate: • Master's degree in Business Mathematics or a quantitatively oriented business degree, preferably with experience in an international environment • Training as a risk manager (FRM, PRM) or actuary • Very good knowledge of stochastic risk theory, overarching understanding of financial economic concepts and knowledge of the Solvency II regime • Experience in risk modeling desirable • Experience in leading interdisciplinary projects or working groups • Excellent analytical skills, problem-solving thinking, a high degree of motivation, independence and persuasiveness, and results-oriented work on changing and new topics • Team spirit, excellent interpersonal and communication skills in a multicultural environment • Fluent written and spoken German and business fluent English