Quantitative Developer

Salary: £48,000 - 88,000 per year

Requirements:

• We are looking for an academically strong quant developer with a masters degree or higher in maths, physics, theoretical physics, engineering, or a related field.
• We are optimising for strong mathematical ability.
• Development or coding experience is beneficial, although it can be AI-assisted.
• We prefer candidates with some business experience, especially in quant finance, reinsurance, or capital markets.
• Reinsurance experience is not essential.
• We are open to hiring a top-notch PhD.
• This role is unlikely to offer work permit sponsorship.

Responsibilities:

• Design computational models applying reinsurance layers to simulation files, taking into account ILWs, reinstatements, and programme-wide adjustments.
• Derive discounted cashflow curves based on non-uniform writing patterns, policy inception dates, earning profiles, and settlement lags.
• Model premium receipts, collateral funding, trapped collateral, claim payments, investment income, release mechanics, and timing uncertainty, then calculate expected return and sensitivity to loss timing.
• Analyse Neil Bodoffs paper on capital allocation and generalise it for profit distributions, comparing it with alternative capital allocation approaches.
• Review risk measures and recommend which ones we should adopt in the context of capital platforms.
• Review portfolio optimisation algorithms and propose the most effective option for different capital platforms.
• Review modern infrastructure as code in the context of Azure and suggest how we can best use it across dev, UAT, and prod environments.

Technologies:

• AI
• Azure
• Quant
• Cloud
• Flow

More:

We are an multi-strategy alternative asset manager operating in the reinsurance and capital markets space, with people in London and Bermuda. This is predominantly an office-based role. You will work with a manager who has a PhD on mathematically focused projects across reinsurance, capital allocation, risk measures, portfolio optimisation, and Azure infrastructure as code. This role will not lead to quant trading.

last updated 36 week of 2026