Who We Are

SiriusPoint is a global underwriter of insurance and reinsurance. We utilize deep risk capabilities to protect our customers and provide intelligent risk solutions to clients and brokers around the world. Bermuda-headquartered and listed on the New York Stock Exchange (SPNT), we work as ‘One SiriusPoint’, to apply expertise and underwrite risks across our four operational areas - International Insurance, North American Insurance, Global Accident and Health, and Global Reinsurance.

​

We underwrite from Bermuda, Liège, London, New York, Stockholm, Toronto and Zurich, and have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally.

​

Join Our Team

As Head of Claims & Legacy Analytics, you will develop and build the group Claims and Legacy analytics function. By using SiriusPoint and third-party data mining software to gain insights into insurance data in a way that would not be possible to do just by looking at individual claims. The Claims analytic function will use artificial intelligence, machine learning, predictive analytics and other data science technologies to locate patterns in unstructured data and provide valuable insights into the claims life cycle. The analytic frameworks should aid the decision-making of technical Claims handlers, potentially identify fraudulent Claim patterns and optimise the management of the Claims process and closing of aged reserves.

Responsibilities:

• Deputise for the Chief Legacy Officer
• Produce insightful reports to enable the business to steer portfolios into more accretive areas.
• Work with exposure modelling to understand the connectivity between Claims series and cluster types that increase the corporations exposures.
• Create individual complex Claim probability models to enable more quantitative and precise Claims reserving.
• Develop and apply mathematical model frameworks to create deeper consistency across Claims reserving for litigation clusters.
• Enable more mathematical capital efficiency around Claims case reserves.
• Cross-collaboration with Underwriting, Exposure Management, Technology, Reserving and Finance functions to ensure insights gained positively influence and affect the combined ratio.
• Work with Data Systems Developer to design statistical Claims parameters for a triage tool (Torus) to enable no and low touch Claims reserving and settlements.
• Develop mathematical framework to quarterly monitor of Legacy loss portfolio transfer reserves understanding deviations areas between contractual partners’ reserving best estimate and Sirius’. Co-ordination with reserving, capital modelling and finance teams to create a probabilistic financial impact to collateral requirements.
• Set up new cadence for Claims, Reserving, Underwriting, Pricing and Facultative Reinsurance meeting to ensure up-to-date information and insights are shared and reported to Boards and Committees in a timely accurate manner.
• Develop modelling to aid the early identification of emerging severity areas or litigation patterns.
• Developing an infrastructure to control and manage the Transactions business. Designing key performance ratios across Finance, Reserving, Capital Modelling and Claims Reserving to capture and monitor the Loss Portfolio Transfers and any other transfers of reserving risk.
• Aiding the business in new models for capital optimalisation and determining the more optimal structuring for the valuation of technical provisions is inherently a judgemental area and is classified as an area of significant risk due to the high degree of estimation involved, particularly on long tail or volatile business classes where claim development periods are longer and more unpredictable. Due to the level of uncertainty and materiality, the incurred but not reported (“IBNR”) element claims outstanding is a key reserving risk.
• Analyse assumptions and methodologies used by the company to value complex reserving populations like the mesothelioma IBNR provisions. Specifically, the potential future claims curve and the inflation rate are assumptions which deviate from those of our reinsurers supporting and challenging on estimation uncertainty.

Your skills and abilities should include:

• Preferably part or fully qualified Actuary
• Master’s degree (or equivalent) in Mathematics or Science
• Good communications skills with both technical and non-technical audiences
• The ability to collaborate and develop trusted working relationships with stakeholders and other team members
• Effective time management skills and a willingness to work on multiple projects with multiple stakeholders, in a rapidly changing environment
• A keen focus on accuracy, timeliness, and attention to detail
• Strong analytical and problem solving skills
• Advanced Excel and VBA skills
• Knowledge of Power BI, ReMetrica and/or Python an advantage

United behind common goals

At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career at SiriusPoint.

Our Purpose is to provide security and resilience in an uncertain world.

Our Vision is to be recognized as a best-in-class insurer and reinsurer, utilizing deep risk capabilities to protect our customers. Blending our talent, expertise and data to provide intelligent risk solutions.

Our culture is one of performance and accountability. Our people are our experts and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment.

Our Values are at the heart of our business, and which guide every day actions and decision making.

• Integrity: Integrity, respect and trust are our core principles
• Customer Focused: Our customers are the reason we exist
• Solution Driven: Creating solutions is our mindset
• Diversity: Diversity, inclusion and allyship make us stronger
• Collaboration: Collaboration drives outperformance

We Achieve More Together

At SiriusPoint, we know that diversity, inclusion and allyship make us stronger. We value and are committed to supporting the unique voices, backgrounds, cultures, lifestyles and contributions of the diverse global employee base that make up our business.

We know that a diverse and equitable culture, where all voices are included and heard, is critical to our success as an employer. We are committed to developing our DE&I strategy to ensure that SiriusPoint remains a supportive and empowering place of work.