About DFA
DFA is a leading solution provider for the risk, capital and performance management needs of insurance groups worldwide. Established in 1999 DFA has grown strongly, with our employees continuing to participate significantly through stock options in the growing value of the firm.
DFA’s principal software solution is ADVISE™ a stochastic simulation system that customers use to answer significant financial management questions. Integrated within ADVISE is a proprietary capital markets model GEMS™ that has received acclaim from acknowledged experts in this field. ADVISE and GEMS cover the needs of Life, Property-Casualty, Reinsurance and Asset Management business areas as well as providing aggregation capabilities for mixed groups. ADVISE is used in many customer organizations both large and small.
DFA’s strengths derive primarily from our experienced and innovative leadership team as well as our exceptionally strong software development and professional services teams. We are now looking to expand and strengthen our Cologne, Germany professional services team to meet strong demand from the European market. We are aiming to fill two Non-Life positions: 1) Risk modeling expert and 2) Team leader/project manager. Our standards are high and successful candidates will be expected to be highly knowledgeable and articulate as well as results-oriented and ambitious for both themselves and the firm. Candidates must have flexibility to travel to customer and prospect locations throughout Europe. Compensation prospects for candidates who meet our high standards are excellent.
For suitable candidates these positions are extremely attractive, because:
To find out more about either of these positions, please contact jobs@dfa.com. All discussions will be in complete confidence.
Position Profile
| Role |
Modeling expert |
Team leader/project manager |
| You will take over the implementation of risk and capital models for Non-Life customers in the firm’s proprietary stochastic simulation software. You will prepare and deliver advice resulting from those models, taking into account their practical relevance. Working within a very capable team of professionals, you will implement the direct requirements of our customers. Your responsibilities will also include representing the firm in sales and marketing opportunities, including demonstration and explanation of the software and general risk and capital methodologies. After a successful orientation phase, it is expected that you will be in a position to take direct responsibility for customer liaison and support. |
You will take over the leadership of a small team of Non-Life professionals who implement risk and capital models for customers in the firm’s proprietary stochastic simulation software. You will additionally prepare and deliver advice to our customers resulting from those models, taking into account their practical relevance. You will represent the firm in sales and marketing opportunities, including demonstration and explanation of the software and general risk and capital methodologies. You will take project management responsibilities for implementations and related customer projects supported by very capable professional services and software development teams. You will support the firm’s product development activities by identifying market needs and trends and translating them into product development opportunities. Further leadership opportunities within the firm may be available following demonstrable success in the initial role. |
Skills Profile
| Area |
Modeling expert |
Team leader/project manager |
| Education / professional qualifications |
Fully qualified actuary (DAV or equivalent) Good degree in quantitative discipline Strong statistical skills |
Professionally qualified (e.g. DAV) Good degree in a subject relevant to the role Quantitatively and statistically literate |
| Insurance market experience |
Five or more years experience in the German property-casualty insurance market Ideally significant experience in applying the usual property-casualty insurance company actuarial processes (pricing, reserving) Experience of property-casualty financial and risk management processes advantageous – investments/ALM, financial planning, accounting, tax, management reporting and financial performance measurement |
Ten or more years experience of property-casualty business in more than one country and more than one market sector Experience in a leadership role Experience of financial and risk management processes – investments/ALM, financial planning, accounting, tax, management reporting and financial performance measurement |
| Wider knowledge |
Knowledge of economic concepts and principles Committed to professional and personal development |
Strong understanding of economic concepts and principles Committed to professional and personal development |
| Computer skills |
Expected: Excel including Visual Basic, Word, PowerPoint Desirable: Database (e.g. SAS, Access, Oracle) Familiarity with simulation tools (e.g. @Risk, Crystal Ball, …) |
Expected: Excel including Visual Basic, Word, PowerPoint Appreciation of corporate information systems (e.g. SAS, SAP, Oracle) |
| Interpersonal and work skills/attitude: Self-starting |
Able to create, execute and manage the risk associated with short and medium term plans, based on goals set by others Able to translate customer requirements into feasible work products |
Able to set realistic goals for team and to create, execute and manage the risk associated with short and medium term plans Able to translate customer requirements into feasible work products |
| Interpersonal and work skills/attitude: Teamwork |
Understands what is expected from the team and/or self Willing to accept tasks contributing to the team’s overall goals Asks for and provides coaching as needed Raises problems to the attention of managers on a timely basis Documents work as a matter of routine Insists on high quality |
Understands what is expected from the team and/or self Willing to accept tasks contributing to the team’s overall goals Provides coaching and feedback as needed Deals with problems on a timely basis Documents work as a matter of routine Delegates appropriately Insists on high quality, capable of providing meaningful reviews of team’s work products |
| Communication |
Good listening skills Ability to explain complex or unfamiliar concepts to people at al levels in appropriate ways Ability to make persuasive presentations in front of technical or non-technical audiences |
Good listening skills Ability to explain complex or unfamiliar concepts to people at al levels in appropriate ways Ability to make persuasive presentations in front of technical or non-technical audiences |
| Ambassador for the firm |
Clearly understands and gives high priority to the firm’s interests Maintains utmost confidentiality Presents the firm favorably to the outside world Represents the firm’s position accurately Commits appropriately within scope of his/her authority |
Clearly understands and gives high priority to the firm’s interests Maintains utmost confidentiality Presents the firm favorably to the outside world Represents the firm’s position accurately Commits appropriately within scope of his/her authority |
| Languages |
German and English spoken and written fluency (essential) Knowledge of other European languages advantageous |
German and English spoken and written fluency (essential) Knowledge of other European languages advantageous |
| Ambition |
Eager to transition to leadership role in the short to medium term |
Eager to transition to further leadership roles in the medium term |