Company:
Descartes Underwriting
Location: Palaiseau
Closing Date: 23/11/2024
Salary: £40 - £60 Per Annum
Type: Temporary
Job Requirements / Description
ABOUT DESCARTES UNDERWRITINGDescartes was born out of the conviction that the ever-increasing complexity of risks faced by corporations, governments and vulnerable communities calls for a renewed approach in insurance. Our team brings together industry veterans from the most renowned institutions (AXA, SCOR, Swiss Re, Marsh, Aon, ...) and scientists on top of their field to bring underwriting excellence. After 5 years of existence, Descartes has secured a leading position in parametric insurance for weather and climate-related risks utilizing machine learning, real-time monitoring from satellite imagery IoT. After a successful Series B raise of $120M USD, we launched Descartes Insurance, a 'full stack' insurer licensed to underwrite risk by the French regulator ACPR. With a growing corporate client base (400+ and counting), our diverse team is headquartered in Paris and operates out of our 17 global offices in North America, Europe, Australia, Singapore, Hong Kong and Japan. Descartes is trusted by a panel of A-rated (re)insurers to carry out its activities.ABOUT YOUR ROLEDescartes Underwriting is seeking a Reinsurance Analyst to join our ReinsuranceTeam. You will report to the Reinsurance Lead.The applicant will be in close and effective cooperation with all business units andplay a vital role in the following activities.Your tasks will include :
Support the reinsurance placement contact for our treaty and reinsuranceprograms (traditional and alternative) for Descartes Insurance and DescartesUnderwriting partners
Participate to the elaboration of our reinsurance strategy to support ourgrowth which includes:
Active follow up of UW strategy and new products expansion in order toadapt our existing and new reinsurance treaties
Analysis of terms and conditions in collaboration with the Risk Management, Finance and UW
Support the implementation of the strategy and execute the placement of renewals and new treaties with reinsurers and brokers
Perform controls to ensure the robustness of our reinsurance processes
Work autonomously and pragmatically to make appropriate technical decisions
Take ownership of individual placements with the time.
Your missions will evolve in the future as Descartes is growing fast and manyexciting projects are waiting for you.ABOUT YOUEXPERIENCE QUALIFICATIONS
Previous experience in reinsurance (preferred) and/or insurance is required
From 2 to 5 years’ experience after graduation
Graduated from a Business or Engineering school.
SKILLS
General understanding of insurance concepts is valued (Accounting, Legal,Underwriting, Pricing models)
Rigorous, team spirit, creative and meticulous mind
Analytical and financial skills
Good interpersonal skills
Fluency in English and French is required (written and verbal).
MINDSET
Strong communication skills with the ability to network and build relationships
Strong team spirit and ability to work under pressure
Eagerness to solve complex problems and technical challenges
Strong desire to learn and commitment to the organization’s mission
Results oriented, high energy, with the ability to work in a dynamic and multi-cultural environment.
WHY JOIN DESCARTES UNDERWRITING ?
Opportunity to work and learn with teams from the most prestigious schools and research labs in the world, allowing you to progress towards technical excellence
Commitment from Descartes to its staff of continued learning and development (think annual seminars, training etc.)
Work in a collaborative professional environment
Be part of an international team, passionate about diversity
Join a company with a true purpose – help us help our clients be more resilient towards climate risks
A competitive salary, bonus and benefits
You can benefit from a punctual home office days.
RECRUITMENT PROCESS
Step 1: HR Interview with our Talent Recruiter
Step 2: Technical project
Step 3: Manager interview
Step 4: Final round interview with the team
(Candidates can opt to have the manager interview before the technical project and interview)At Descartes Underwriting, we cherish value of diversity whatever it may be. We are committed to fighting against all forms of discrimination and for equal opportunities. We foster an inclusive work environment that respects all differences. With equal skills, all our positions are open to people with disabilities.
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