VP, Portfolio Manager – Capital Partners

RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims.

Our global team shares a passion for solving our customers’ biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.

The Capital Partners team manages RenaissanceRe's (“RenRe”) Insurance Linked Securities (“ILS”) funds and Joint Ventures, capitalized by third party institutional investors with more than $11B of assets under management.

The VP, Portfolio Manager – Capital Partners manages the Medici Fund, RenRe’s flagship cat bond portfolio. The successful candidate supports the SVP, Lead Portfolio Manager, and the Capital Partners team in all aspects of portfolio research, planning, trading and business development. 

This role is also part of the investment committee of the Fund and provides broad support to the RenRe Capital Partners platform.

Responsibilities include:

• Portfolio management of the Medici Fund, including portfolio construction and optimization, trade recommendations, portfolio planning and cashflow management.
• Establish and manage relationships with the secondary broker-dealers.
• Execute secondary trades for the Medici Fund and develop strategies to ensure best execution, keeping abreast of market conditions.
• Review all offering materials & develop in depth understanding of terms, conditions, and structure of each securities in the market.
• Research all sponsors and develop strong convictions, leading to portfolio recommendations and strategies.
• Monitor bond, market, and catastrophe updates (e.g., Intralinks notices, loss reports, resets, public releases, etc.).
• Develop strong relationships internally and collaborate with RenRe's underwriters and RenRe's scientific research group.
• Assist with the preparation of investor reports.
• Participate in investor calls where necessary.
• Assist with the ongoing development of our proprietary risk systems, focusing on system design and requirements for deal data capture, portfolio management, trading and investor reporting.
• Broad support of the ILS platform, including marketing and structuring.
• Attend industry events/conferences, as necessary.

Education, Skills & Experience:

• A university degree required with an emphasis on economics, mathematics or applied sciences preferred.
• An advanced degree in hard sciences or MBA preferred.
• A minimum of 7 years of experience in the reinsurance industry with a background in structuring, underwriting, deal analysis, or risk management.
• Thorough understanding of (re)insurance and capital market conditions, products and trends, including the ILS market.
• Experience managing a cat bond portfolio, including relevant investment research and executing primary/secondary trades preferred.
• Strong computer skills, proficient user of Excel, SQL and data visualization tools (e.g.Tableau, Power BI).
• Strong interpersonal skills with an ability to evolve in a multi-cultural environment.
• Experience communicating complex ideas in a professional, persuasive, and concise way with investors, cedants and underwriters.

This is a fast-paced business environment, demanding a strong work ethic and a
results-oriented approach.

Written applications with Curriculum Vitae should be submitted via our Careers Portal at http://opportunities.renre.com/.

Closing date for applications:

August 23, 2024

No agencies please.

We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do.

We are an equal opportunity employer.  We provide equal opportunity to all applicants and employees regardless of race, color, religion, national origin, age, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status, or other legally protected categories.

Our people are our most valuable resource and core to our success. This is a fast-pace