Expertise Limited is hiring a Our client, Nephila, is a leading Bermuda-based hedge fund specializing in reinsurance and weather risk. With a commitment to innovation and excellence, we are seeking a highly skilled Director of Portfolio Management. This role will focus on external stakeholder and investors. Key Duties and Responsibilities: • Portfolio Management • Lead implementation and oversight of portfolio execution and allocations across all portfolios, ensuring alignment with investment guidelines, risk appetite and market conditions. • Act as a senior representative of the firm and portfolio management team, advising investors and other stakeholders on portfolio strategy, market trends, and investment opportunities. • Contribute to the development of the firm’s investment and risk management strategy, including platform planning and the creation of proforma portfolios for existing and prospective investors. • Cultivate and maintain relationships with new and existing investors, participating in due diligence visits and update calls to foster growth in the asset platform. • Communicate with traders regarding overall portfolio fit of individual deals. • Collaborate across teams on strategic initiatives such as new product development and launches, tech development and improving portfolio analytics. Offer guidance on optimizing processes to improve efficiency and decision-making. • Manage and mentor analyst/portfolio managers on the team to ensure their growth and success in the team. • Analytics/Research/Development • Research and develop proprietary processes and mechanisms to enhance portfolio performance, including innovative loss and pricing models, and advanced portfolio construction algorithms. • Collaborate on ad-hoc research projects requiring complex non-standard analyses to uncover unique investment opportunities. • Share expertise and techniques with other analysts to strengthen the firm’s advanced analytics capabilities and assist in the development and adoption of new tools. • Provide direction to internal technology team for development of proprietary tools. • Structuring / Trading • Utilize third-party and proprietary catastrophe risk models to build stochastic models for pricing complex insurance linked-security (ILS) structures, contributing to effective risk management strategies. • Create the draft allocations and monitor for portfolio compliance, understanding constraints, concentrations, goals, and targets. • Support traders with relative value trading, including bonds and industry loss warranties (ILWs), and provide insights into insurance strategy development. Act as the bond project manager.Bachelor’s degree in a highly quantitative field such as mathematics, finance, physical science, or engineering; advanced graduate degree (MBA, Masters, etc.) preferred. 5-10 years of progressive and directly relevant industry experience, demonstrating a strong understanding of risk management techniques and portfolio construction. Proven experience in portfolio management, with the ability to lead execution of risk investment strategies across insurance, reinsurance, catastrophe bonds, and retrocessional risk. Experience with software for modeling natural catastrophe risks (e.g., AIR or RMS), including a deep understanding of modeling approaches. Proven track record in advanced analytical and software development skills, particularly in Python/R. Excellent written and verbal communication skills, with the ability to convey complex concepts effectively. Strong initiative, ability to prioritize effectively, and creativity in problem-solving.
Not specified
Not specified