Senior Underwriter/Data Scientist - London

ABOUT DESCARTES UNDERWRITING Join Descartes and contribute to our mission: Building Resilience in a World at Risk. Descartes is a corporate insurance group for worldwide companies and institutions. Descartes was born from a conviction that the growing complexity of corporate and climate risks demands a new approach to insurance. At the forefront of AI and Data analysis, Descartes utilises cutting-edge technology combined with a new generation of data sources, to model, assess and manage risks. Since 2019, Descartes has secured a leading position in parametric (re)insurance combining scientific & technological expertise with a new approach. Parametric insurance, also known as index-based insurance, indemnifies clients within days based on pre-defined payout structures when a specific triggering event occurs, the payout process is both fast and transparent. The company has been financed with over $141M by investors including Highland Europe, BlackFin, Serena, Cathay, Eurazeo and Battery Ventures. Our highly diverse and specialized team of 250+ people includes the largest modelling team in the industry featuring tech and modeling innovators, scientists in physics and climatology, as well as insurance veterans and underwriters. With a global footprint and strong US presence, Descartes serves a diverse portfolio of clients in more than 60 countries, with 20+ offices spread across Europe, Asia-Pacific, Latin and North America. Find out more on https://descartesunderwriting.com/career s. ABOUT YOUR ROLE Descartes Underwriting is seeking a Senior Underwriter/Data Scientist (Parametric Insurance) to join the Underwriting Team based in London . Reporting to the Underwriting Manager & Director of Descartes UK, you will be a key contributor to the development and deployment of climate risk models for the pricing, underwriting and monitoring of weather-related parametric policies for corporates and public entities. Your key missions will include: Collaborate with the business team and brokers to understand client needs and risk transfer challenges to successfully underwrite new business and renew accounts; Conduct thorough analyses for product design and coverage structuring in order to meet the needs and expectations of the clients; Improve and develop pricing models in order to model the risk, underwrite policies for corporates and public entities, and monitor the portfolio performance and accumulation; Contribute to insurance proposal and underwriting documentation in order to finalise policies for corporate clients and public entities worldwide; Operate in the London market, leading discussions and projects with brokers and partners; Collaborate with various divisions of Descartes in order to sustain the growth of the portfolio (e.g. R&D teams, Legal, Operations, Risk Management); Technical & Business Leadership : help both the underwriting strategy and the review of the work conducted by Underwriting Data Scientists, providing guidance on technical modeling matters & business requirements. ABOUT YOU EXPERIENCE & QUALIFICATIONS Graduated from a leading academic institution with a degree in mathematics, statistics, data science, physics or related; 4 years of significant experience minimum (post graduation) in data science or related; As a plus: track record of experience in leading a (small) team and managing business projects; As a plus: prior experience in structuring, pricing & underwriting parametric insurance covers for climate risks. SKILLS Proficiency in Python (e.g. pandas, scikit-learn); Strong background in statistics and mathematics, showing clear understanding of probabilities; Eye for quality, autonomous and attention to detail; Fluency in English (written and verbal communication) is required; Good level of one additional language (e.g. Chinese, French, Italian, German, Spanish...) is a plus. MINDSET Interested in insurance industry and climate risks modeling; Strong team spirit; Ability to work under pressure; Eagerness