Job Posting: Originator Weather & Energy

SwissRE, Houston, Luxembourg City

Submitted: November 19, 2021

Swiss Re Corporate Solutions is a market leader in the weather and Electricity Price and Outage (ELPRO) business.  Firms use these products to manage their exposure to weather and to commodity price risks created by unplanned outages, a common operational risk in the power industry.  In particular, Energy companies hedge demand uncertainty with weather products. 

The business is skewed toward hedging warm winter risk for gas and power utilities. We want to diversify into covering exposures other than temperature, particularly wind and rainfall. The European business has a strong base among Europe's top utilities. Origination talent is needed to maintain that base and grow from there. 

The candidate will:
•    drive geographic expansion and new product development beyond the existing book of business with leading energy companies in Europe
•    use his/her relationships as a platform, identify new transactions with existing clients and further grow the business with new energy clients.
•    Align the product offering with local conditions as they evolve, both using existing products and creating new ones.
•    Represent the firm's weather and outage protection business in the region.

To view the full job description, visit the WRMA Career Center posting here.

Job Posting: Head Weather & ECM, Americas

SwissRE, Houston, Luxembourg City

Submitted: November 17, 2021

The Head of ECM Business Management is a full-time role within the Weather & Energy Underwriting team reporting to the Line of Business Head and includes the  responsibility of acting as CEO for SRCME. The role will work closely with the Business Head in strategy implementation, financial planning, process improvement and also enable them to work effectively with internal and external stakeholders. The role will be the process owner for all governance, risk, audit and compliance topics for the Desk and represent ECM in these stakeholder meetings. The role requires strong analytical skills, a creative and strategic mindset and a solution-oriented approach. 

In addition to the ECM Business Management role, you will also be the CEO for Swiss Re Capital Markets Europe (SRCME), an EU-regulated derivatives carrier, with responsibilities including, but not limited to, the following:

-  implementation of the internal governance strategies and guiding principles laid down by the SRCME board of directors 
- day-to-day Carrier business management, in line with the aforementioned business strategy and principles 
- approval and execution of all ILS and ECM transactions entered into by SRCME 
- implementation of  Carrier policies and procedures in relation to central administration and governance, working with internal control and risk management functions 
- administrative, operations/payment systems and IT organization 
- managing the relationship with regulator (in conjunction with SRCME Chief Compliance Officer and Legal Officer) 
- monitoring, supervising and managing risks associated with any outsourced activities 
- (in conjunction with the CFO) accounting organization, including preparation of annual accounts and information to be provided to CSSF 
- (in conjunction with the CFO) following operating procedures to identify and record all transactions, prepare accounts applying valuation and accounting rules, undertake reconciliation and ensure reliability of financial reporting 

To view the full job description, visit the WRMA Career Center posting here.

Job Posting: Head Weather & ECM, Americas

SwissRE, Houston, TX and NY

Submitted: November 17, 2021

In this role you are the underwriting and sales leader for Weather & Environmental & Commodity Markets (ECM) business  for both North America and LatAm. You will lead a team of highly experienced professionals in the region and play an integral part in driving origination and underwriting of sustainable and profitable business, with ownership for the client relationship and P&L responsibility. You are responsible to develop the underwriting strategy for allocated markets, as well as strategies for selected key clients, brokers and other business partners.

To view the full job description, visit the WRMA Career Center posting here.

Job Posting – Meteorologist and Data Analyst

Submitted: September 24, 2021

The Speedwell Group is at the forefront of the rapidly expanding environmental risk management industry. Over the past 20 years we have developed a reputation as industry experts providing data, software, and associated services. Recent real-world developments including the increased reliance on renewable power generation and a changing political landscape have increased corporate demand for environmental risk management. Managing these risks will require a combined effort from industry, governments, and NGOs. We are well positioned to support this effort by providing a link between the meteorology / climate and the financial sectors.

We are looking for an individual who is self-motivated, forward thinking, and excited to be part of an emerging industry. Our team is small, but passionate, knowledgeable, and eager to make a difference. The ideal candidate will bring new skills and knowledge to the team while looking to build upon what has been accomplished.

This position represents a tremendous opportunity for someone looking to work with industry experts on cutting edge projects. The candidate will work as part of the Speedwell Weather Data and Speedwell Settlement Services teams. As part of a small team daily efforts will involve a wide range of activities… operational data processing, responding to client requests, project specific data analysis, product deliveries, and research and development.

To view the full job description, visit the WRMA Career Center posting here.