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Bermuda Rising Stars

7 December 2015 Bermuda:Re/insurance+ILS BERMUDA’S RISING STARS and commodities. I also ran a start-up developing HPC solutions for finance and visual effects and I was approached to join a reinsurance company requiring stochastic modelling experience. The scientific nature of the industry appealed to me more than the pure mathematics nature of the finance industry, and on reflection I believe it was an excellent move for me to have made. Do you think the industry is attractive to young professionals? Yes, although in many circles it doesn’t have the visibility other industries have to young people considering their career options. In Bermuda, the industry is attractive due to its enhanced profile; in the UK I would argue that it does not have the same level of visibility as some other industries. Do you think the reinsurance industry offers good opportunities and career development to young professionals? I believe that if one is able to get into the industry in the first place there is opportunity for talented or connected individuals to develop careers which provide a great deal of interesting work for those with a numerical background. What are your aspirations for the future? I intend to continue my career in reinsurance, develop my experience and expertise with a view to taking a leadership role in risk, analytics or underwriting in due course. If you’d chosen a different profession/career path, what would it have been? I am a numerically inclined individual and had I not been invited into the industry I would probably have persisted with my trading work in banking and finance. If I had not ended up on that path I would have pursued my ambitions in propulsion research or pursued my dream to become an astronaut—which I still intend to achieve. Hanni Ali Job title: Assistant vice president, risk & analytics Company: Hamilton Re Career path Hanni Ali joined Hamilton Re in July 2014 from Allied World Assurance Company, where he was responsible for developing pricing and portfolio accumulation, reporting systems, and the pricing of inwards and outwards reinsurance contracts. From 2008 to 2012, Ali held the position of quantitative catastrophe risk and model developer at Montpelier Re where he developed the pricing and portfolio management system used to manage the company’s global book of business for catastrophe risk. This included pricing, reporting, capital management, ceded reinsurance and optimisation. He was also involved in the establishment of Montpelier’s Lloyd’s Syndicate 5151 and associated managing agent, supporting underwriting and risk management of binders, treaty, retro and facultative business. Prior to entering the reinsurance sector, Ali worked for four years in London’s financial services sector, developing equity, commodity and foreign exchange (FX) pricing models as well as high performance computing (HPC) systems. He holds a BSc in physics from Imperial College London. He is an Associate of the Royal College of Science (ARCS) and an Associate Member of the Institute of Physics. Why did you choose to go into the reinsurance industry? I started my professional career working in financial services in London for finance-oriented companies providing training before working for a hedge fund writing pricing models for equities, FX


Bermuda Rising Stars
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