Enterprise Risk Management, Risk Analyst

Odyssey Reinsurance Company (OdysseyRe) is the global reinsurance arm of Odyssey Group, one of the world's leading providers of reinsurance and specialty insurance. OdysseyRe offers a broad range of property, casualty, and specialty reinsurance products, providing capital and risk management solutions for clients to efficiently manage economic risk, through a network of branch and representative offices across North America, Latin America, EMEA (Europe, Middle East & Africa), AsiaPacific and London.

OdysseyRe is an equal opportunity employer with excellent benefits and a strong commitment to providing training and opportunities for our staff. We provide employees an innovative, enriching environment and take great pride in their career growth.

OdysseyRe is rated A+ (Superior) by AM Best and A+ (Strong) by Standard and Poor's. Odyssey Group is a subsidiary of Fairfax Financial Holdings Limited, which is traded on the Toronto Stock Exchange under the symbol FFH.

Position Overview:

Odyssey Group is seeking a motivated Risk Analyst to join our Enterprise Risk Management (ERM) team. This key role acts as a liaison with major rating agencies and supports critical risk analysis and reporting functions that help safeguard our financial strength and operational resilience.

As a Risk Analyst, you will play a central role in preparing presentations for rating agencies, running quarterly capital models, and responding to various data requests. Your work will contribute to the ongoing monitoring of our capital adequacy and enterprise-wide risk exposures.

Key Responsibilities:

Serve as the primary liaison with rating agencies, including:

Preparing annual presentations

Running quarterly capital models to assess Group capital adequacy

Responding to inquiries, data requests, and surveys

Collaborate with the Chief Risk Officer (CRO) to review risk-related documentation for branch offices and operations

Lead the preparation of the Own Risk and Solvency Assessment (ORSA) report for Odyssey Group

Conduct quarterly ERM analysis, including:

Rating agency capital model and scorecard results

Retro recoverables exposure

Contingent funding and letter of credit (LOC) exposure

Regulatory and internal capital adequacy assessments by legal entity

Stress testing of risk scenarios

Oversee the management and renewal of corporate insurance programs

Qualifications:

Bachelor's degree in Finance, Economics, Accounting, Mathematics, or a related field

5+ years' of experience

Prior experience or strong knowledge of the Property & Casualty insurance industry

Familiarity with rating agency methodologies and credit analysis preferred

Strong analytical, problem-solving, and communication skills

Proficiency in Excel and risk modeling tools a plus

Detail-oriented with the ability to manage multiple priorities and deadlines

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