ILS Analyst, Ada Capital
SPAR - Bermuda, . (Hybrid)
In good company.
Hamilton (NYSE: HG) underwrites specialty insurance and reinsurance risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world.
Headquartered in Bermuda, Hamilton has over 550 employees with key underwriting operations in London, Bermuda, the US and Dublin. We work collaboratively, we share a passion for the service and results we deliver, and we know that what we do each day is meaningful – to our customers and our business. We believe we are ‘In good company.’ with everyone we interact with.
We’re looking for an
ILS Analyst, Ada Capital
Based in Bermuda, this newly created role will work on Hamilton’s ILS business, supporting the administration of Ada Capital Management and aiding investor relations.
Ada Capital Management Limited (“Ada Capital”), is a Hamilton owned and controlled, Bermuda-regulated insurance agent authorised to underwrite fully collateralised business on behalf of Ada Re, Ltd. (“Ada Re”), a Bermuda-registered special purpose insurer.
What you will do
- Lead the set up and ongoing administration of the relevant trust accounts
- Support the performance management of Ada Capital, including:
- Collateral release process - ensuring distribution of capital to investors as needed
- Loss monitoring and reserve estimates
- Co-ordinate Ada Capital reporting requirements, working with our third-party service provider, including:
- Providing the relevant information required for monthly Capital Statements to each investor
- Provide regular loss updates of each segregated account to the third-party fund management team
- Create monthly performance exhibits to distribute to investors
- Support the team in investor relations when required, developing and marketing strategies to third-party investors
- Work collaboratively with the broader Hamilton team to optimize the outcomes for all stakeholders
What you require for the role
- Prior experience in a similar role, analysing and reporting on portfolios of Property Cat business
- Accounting designation (i.e., CPA, CFA or equivalent) or progression towards preferred
- Experience preparing reports for ILS investors
- Experience with SQL and/or Python and advanced Excel would be advantageous
- Ability to productively leverage data and technology.
- Open, innovative and inclusive mindset
- Collaborative spirit
Conduct Standards
- You must act with integrity
- You must act with due skill, care and diligence
- You must pay due regard to the interests of customers and treat them fairly
- You must observe proper standards of market conduct
- You must act to deliver good outcomes for customers
What you can expect from us
We offer a vibrant, entrepreneurial, and collaborative culture guided by our values: Be Smart, Be Sensible, Be Open and Be More.
We know if we welcome and respect differences, we’ll attract and retain talent that brings a valuable diversity of perspectives and experience. We want all our colleagues to feel that they can bring their whole selves to work at Hamilton and know that they can be part of building a great company.
