RiverStone International is a world leading insurance group, operating globally to transact a wide variety of deals acquiring more than $14.1billion of liabilities since 2010.
The Mergers and Acquisitions (M&A) team is at the heart of the company’s success and long-standing profits. The team is accountable for the assessment of new business prospects, via thorough due diligence and pricing, and ensuring successful execution of deals, through contractual negotiation and various judicial approvals.
The right candidate will be an important member within M&A, assisting the wider team in providing actuarial assessment of reserves and capital requirement for multiple opportunities under strike timelines. They will also provide actuarial assistance in integrating deals to the wider company.
Role Summary:
Provide support to the M&A Actuarial team with respect to collecting, organizing and interpreting statistical information to help in assessing a transaction opportunity.
Key Responsibilities:
- Maintenance and coordination of internal data reporting and project tracking.
- Review of data received and organize, reconcile and manipulate data to ensure that the data is accurate, consistent and appropriate for actuarial analysis.
- Highlight issues identified in the data to the M&A team and drive discussions with the vendors and brokers
- Uploading data into the actuarial software to facilitate independent actuarial analysis by the M&A actuaries.
- Effective engagement with vendor, particularly vendor actuaries and claims personnel to understand and resolve any data issues
- Analyze data and create data dashboards, graphs and visualizations to provide insights on the opportunity
- Output actuarial analysis into reports and presentations for board and senior management
- Support the M&A actuarial team with other due diligence tasks as needed.
- Ability to handle many projects with strict adherence to deadlines. Timely completion must be achieved independent of variable transaction flow.
- Work with other functions of the M&A team and the wider company, imparting knowledge and offering input.
- On a temporary or permanent basis you may be required to undertake other duties in addition to, or in substitution of, those listed in this role profile
Qualifications:
- 3+ years’ work experience in a data driven role
- Proficient in use of Microsoft Office, particularly Excel
- Highly analytical with strong data analysis skills
- Basic understanding of insurance/reinsurance businesses and industry
- Basic financial and accounting knowledge
- Excellent numeracy and accuracy skills
- Exceptional analytical and problem solving skills
- Excellent communication skills.
- Proactive with effective ability to work independently, planning and implementation.
- Ability to multi-task and focus on multiple deadlines.
- Self-driven, resourceful, ambitious
*Electric Insurance Company is a wholly owned subsidiary of RiverStone International Holdings, Inc. Subject to regulatory approval, Electric Insurance Company is changing its name to, and will be known as, RiverStone International Insurance, Inc.