Howden Re, the reinsurance and risk advisory arm of Howden, and Moody’s, a global credit rating, research, and risk analysis firm, have launched a new three-month reciprocal early careers talent exchange programme.
This programme, aimed at graduate analytical team members, seeks to enrich participants’ skills in modelling, analytics, and client service while expanding their professional footprints.
The partnership between aims to foster professional development, career opportunities, and the cross-pollination of knowledge.
Commencing on 1 July 2024 and running until 27 September 2024, the inaugural programme will see two analysts from Moody’s Insurance Solutions team joining Howden Re’s International Treaty Team, and two analysts from the International Treaty Team joining Moody’s Insurance Solutions team.
The programme builds on an extended license agreement that allows Howden Re to utilise Moody’s RMS high-definition (HD) models and adopt its Intelligent Risk Platform™ and associated applications. These tools will enhance Howden Re’s ability to deliver data and technology-driven solutions to clients worldwide.
Massimo Reina, CEO of Howden Re International, commented, “This extension of our long-standing partnership with Moody’s speaks to the commitment of both organisations to an entrepreneurial and innovative approach, and the development of industry-leading talent. Our partnership with Moody’s supports our delivery of data and technology-driven solutions to clients worldwide, and will now contribute directly to our team development, This talent exchange will not only enhance the skills of our junior analysts but also strengthen the collaborative spirit between our teams, driving innovation and excellence in the reinsurance industry.”
Michael Steel, General Manager of Moody’s Insurance Solutions, added, “Both of our organisations have strong graduate development programmes, built from a shared commitment to finding and developing the brightest talent to benefit our industry. We are delighted to partner with Howden Re on a forward-looking initiative that will help Moody’s analysts get hands-on experience of how Moody’s risk analytics are being used in a dynamic business environment and how our models and data facilitate effective risk transfer. We are also excited to welcome Howden Re analysts to Moody’s, and to help them deepen their modelling expertise to help them better understand and manage the risks shaping insurance today.”
The exchange programme will allow high-performing analysts from both organisations to develop their skills and apply analytics data, tools, and platforms in different business environments. This will accelerate knowledge and skills building through expanded early career opportunities.
Howden Re analysts will gain closer interaction with Moody’s market-leading modelling and analytics, while Moody’s analysts will gain practical experience in the reinsurance applications and client services facilitated by these models.
These analysts will join Moody’s Insurance Solutions Graduate Program’s Customer Success team to build skills in delivering value and practical insights using Moody’s RMS models and analytics, including through the Intelligent Risk Platform.
Moody’s graduates will integrate into Howden Re’s Pioneers Programme to enhance their skills and experience through this comprehensive initiative.
The first instance of the exchange programme will take place in London, with the insights and knowledge gained supporting analytical capabilities across Howden Re’s international markets.
Copyright © 2024 InsurTech Analyst
