The Fidelis Partnership is a leading privately-owned, Bermuda-based Managing General Underwriter, which, through its subsidiaries, is a global underwriter of property, bespoke and specialty insurance and reinsurance products. The Fidelis Partnership is one of the largest Managing General Underwriters globally and its operations also include outwards reinsurance, claims handling, exposure management and portfolio analytics. The Fidelis Partnership also sponsors and incubates specialist MGAs through its Pine Walk platform. The Fidelis Partnership is separately owned and managed from the ownership and management of Fidelis Insurance Group.
Across product lines and geographies, we focus on three diversified pillars: reinsurance, specialty and bespoke solutions. We are truly diversified. Our long-standing partnerships with capital providers and quota share partners make us nimble. Our breadth of expertise and capabilities deliver outstanding market returns.
The role
The Actuarial Analytics Development team at The Fidelis Partnership (TFP) builds and manages a bespoke analytical platform that powers our partnership-driven business model. We combine actuarial expertise with advanced technology to deliver innovative, scalable solutions.
The R&D Software Engineer is an integral part of our innovation agenda. The role is responsible for delivering applied research projects in the pursuit of cutting-edge solutions that will further promote the company’s established pedigree of analytical technical excellence, allowing it to capitalise on its unique business model and market position.
They will work within the Actuarial Analytics Development function to grow the company’s IP by augmenting its bespoke analytical software platform and capabilities with contemporary and emerging technologies and engineering approaches (e.g. AI, data science), as well as academic and private/public partnerships. This role will leverage expertise and business context from across TFP to ensure the innovation projects are aligned with business needs and directed by diverse perspectives from our end users.
The role demands proactivity, accountability, and creativity, with continuous demonstration of high-quality technical output, an innovation mindset, and a constructive critical approach. Bringing insights from the insurance industry and modern technical trends is a strong advantage, although not essential; we encourage curiosity and growth in these areas.
Key accountabilities
Capitalise on technical opportunities that generate IP and competitive advantage for TFP, esp. targeting contemporary applications of data science and AI.
Liaise across TFP and partners to define requirements and deliver innovative analytics capabilities.
Leverage integrations of industry data sets with Fidelis’ portfolio for sophisticated and market-leading exposure management, event response and point-of-underwriting analytics.
Evaluate and make recommendations for improvements to analytics solutions and
Design and develop algorithmic data pipelines, tools, and
Work with the wider analytical software development team to integrate solutions into Fidelis’ enterprise analytics software platform.
Effectively document products to facilitate transition to business-as-usual activities.
Work with DevSecOps, QA, Data, and related functions to ensure solutions are developed, deployed, and maintained to a production standard.
Skills & experience
Required
University Degree (ideally Master’s or above) in a quantitative field (Mathematics, Computer Science, Data Science, Natural Sciences, Economics,)
Demonstrated ability to grasp complex mathematical concepts, backed by modelling and statistical inference experience
Ability to communicate complex technical concepts to non-specialist audiences
Proactive, self-motivated, customer and solution-oriented
Continuous improvement mindset
Coding experience (e.g. Python, R, Julia), especially in the context of modeling, data analysis or presentation
Experience working with large data sets
Ability to work in a fast paced, agile development environment
Desired
Experience with distributed computing for solving big data/big compute problems
Experience optimising analytical algorithms for speed or execution cost
Experience of building analytics solutions within the insurance industry
AI technology expertise and experience of its application to innovative solutions
Understanding of actuarial concepts
Applied experience with containerisation and commercial cloud technologies
Experience with embedding scientific research in commercial or applied contexts
Postdoctoral research or equivalent experience (e.g. peer-reviewed publications)
Other
The Fidelis Partnership Ethos
At The Fidelis Partnership, we aim to be different while making a difference.
We set the standard for quality in our industry. Guided by our expertise, our clients can take unique and material risks with confidence.
Our approach is tailored and designed to deliver excellence for our clients. We are trailblazers, creating unique solutions in the (re)insurance space.
We are experts. Our brokers and clients value the depth of our knowledge and experience. We leverage state-of-the-art underwriting technology to be a market leader.
We believe sound ethics make for good business. We deliver value for our customers, investors and communities while actively avoid trading with industries that cause harm to people, the environment and animals.
We pride ourselves in creating a workplace that prizes execution, meritocracy, Diversity & Inclusion. Our people herald from countless backgrounds and are united by ambition and the unabashed desire to deliver excellence every day. We provide a competitive environment that helps people cultivate themselves professionally and personally and balance a rigorous workplace with a mindset that prioritises environmental and charitable activities in our communities worldwide.
Our ethos dictates our decisions and actions. It unites us as a team of experts and colleagues and provides us with a compass for ensuring we deliver our best to every stakeholder we serve.
Diversity, Equity & Inclusion
Diversity & Inclusion in the workplace
Insofar as possible, we aim to ensure the composition of our workforce reflects the make-up of the local community
We have specific programmes in all our offices to support diversity within the hiring process, e.g. internship and scholarship award programmes
This is a particular focus in Bermuda, where we engage actively with local organisations to source diverse talent and provide coaching/mentoring for underrepresented groups
We aim to maintain a focus on equal opportunities across all stages of hiring process
We measure and minimise the pay gap where possible.
Bring Your Whole Self to Work
Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We want to create an environment where all employees, regardless of who they are, are given equal opportunities for career progression and enjoy fair reward from their and The Fidelis Partnership's successes. This will be driven by a workforce that embraces Diversity & Inclusion at every level, in every department across The Fidelis Partnership.
To ensure that all candidates have a fair opportunity to show their abilities during the recruitment process, adjustments may be required. If your physical or mental health or disability may necessitate an adjustment, please contact fidelis@avenciaconsulting.com to discuss. All information relating to your health or disability will be treated in accordance with our data protection policy.
