Director, Quantitative Analysis

Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.

About RVI Group

A division of Group 1001, the RVI Group is a financial services company focused on specialty property and casualty insurance and reinsurance. For more than 30 years, the company's flagship residual value insurance products have protected lessors, investors, and lenders against declines in asset market value and have been instrumental in helping clients worldwide manage asset risk and lease accounting across multiple asset classes, including passenger vehicles, commercial equipment, and commercial real estate.

Headquartered in Stamford, Connecticut, RVI expanded into reinsurance in 2022, capitalizing on the stability of its core business and strong ratings to deliver capital-efficient solutions across P&C lines of business.

Why This Role Matters:

This position requires a highly skilled professional with strong quantitative analysis and model development expertise, preferably with experience in property and casualty (P&C) insurance or reinsurance. Primary responsibilities include the development and oversight of sophisticated models to support capital optimization, business growth, reinsurance strategies and risk management. The role also involves conducting market research and analyses across North American and other developed markets and performing quantitative analyses to produce high-quality underwriting and risk management insights.

This individual must demonstrate exceptional attention to detail, deliver consistently accurate results, and collaborate effectively with colleagues across the Risk Management, Guarantee business and Reinsurance business teams. This individual may supervise other analysts.  

How You'll Contribute:

• Supervise all operations in portfolio surveillance and analytical services.
• Oversee Loss Model, Mark to Market and Capital Adequacy reports.
• Supervise the drafting of the Quarterly Business Review document section on risk management.
• Develop pricing models for new products including credit insurance.
• Develop scorecards to manage concentration risks for the entire company.
• Oversee Capital Charge Models for all lines of business and the entire company.
• Provide peer review of reinsurance transactions.
• Develop reinsurance database and loss reserving methodologies.
• Oversee the quantitative analyses and information provided to auditors and rating agencies.

SECONDARY DUTIES AND RESPONSIBILITIES

• Support all new business development for US and international markets.
• Provide any requested quantitative analysis and information for various business lines and corporate initiatives.

What We're Looking For:

Education and Experience:

• Bachelor’s degree in actuarial science, economics, statistics or related field.
• 7-10 years’ experience in an analytical position, preferably in P&C insurance or reinsurance.
• 2-5 years’ experience of managing a quantitative or actuarial team.

Technical Knowledge / Skills:

• Strong understanding of actuarial principles, compliance requirements, risk management techniques, and financial modeling (ACAS or FCAS is a plus).
• Excellent skills and/or experience in data analyses and management.
• Proficient in Microsoft Excel and working knowledge of statistical software such as R, STATA or SAS. Programming knowledge in Python is a plus.

Key Competencies (self management, collaboration and leadership)

• Demonstrates initiative, takes ownership and has strong work ethic.
• Ability to undertake multiple assignments, effectively juggle multiple priorities and achieve results independently.
• Ability to conduct in-depth research on business issues and effectively communicate findings in verbal or written format clearly and concisely..
• Excellent communication skills, verbal and written.
• Ability to train, manage and mentor small teams.
• Strong interpersonal, leadership and collaboration skills.

Strong intellectual curiosity with the ability and drive to learn new subjects, tasks and skills quickly; comfortable asking questions and verifying information and requirements

Benefits Highlights:  

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