Nanyang Technological University

Research Associate (Insurance modelling) (JOB-2016-0237670)

​The Cyber Risk Management (CyRiM) Project is a 3-year Public-Private Partnership sponsored by Monetary Authority of Singapore (MAS) to foster an efficient cyber-risk insurance market place by developing cyber loss data and analytics, engaging academic researchers, insurance professionals and IT security experts in the research development. CyRiM will be led by the Insurance Risk and Finance Research Centre (IRFRC), of the Nanyang Technological University, Singapore.
A key outcome of the project will be the establishment and ongoing support of an independent database of cyber-incidents and claims data based in Singapore that will collate data of international scope while also maintaining a focus on Singapore and Asia-Pacific.  The database will support the study of cyber risk, identification and mapping of risk drivers, underwriting guidelines, and ultimately the development of benchmark cyber-risk loss models.  The collaborative project, including MAS, SCOR, NTU / IRFRC, Nanyang Business School, and will also invite and depend upon the participation of key industry partners to combine knowledge and data.  Finally, the project has a large research component requiring a strong link with academia that is achieved at an international level through collaborations with universities world-wide.

Job Responsibilities:

  • As a member of the core project team you will be expected bring content expertise and management skills to assist in the steering of the project on a day to day basis through discussions and regular scheduled project coordination meetings
  • You will be expected to lead one or more project work streams with a main focus on the cyber loss data acquisition, integration and analytics
  • Work will include design of methodology to translate market losses to insurance claims through application of common insurance contracts
  • Integration of multiple cyber event datasets, including cyber incident market loss and insurance claims data, operational risk, and IT vulnerabilities and threats
  • Analysis will include risk driver identification and mapping, research into exposure measures, dependencies and accumulation risk
  • You will be expected to report on the project status and latest results to Project Oversight Board and will be able to converse on the implications of the findings and to discuss high level project steering.
  • You are able to manage project issues and monitor risks efficiently
  • You will be expected to liaise with industry representatives from insurance, broker, corporate (buyers) and IT security companies at an expert and management level.
  • You will be able to effectively and efficiently organize and lead industry working groups and be ready and willing to prepare and facilitate topic specific workshops with results oriented outcome.
  • You will be able to competently present results and findings to key stakeholders and at conferences or seminars on cyber risk.
  • You will be able to competently present results and findings to key stakeholders and at conferences or seminars on cyber risk.

Job Requirements:

  • Ideally holds a Master's degree or PhD qualification in actuarial science, or has extensive experience in quantitative insurance risk analysis  or risk modelling with a degree in mathematics, physics, econometrics or similar field
  • Knowledge of cyber risk insurance or experience in related field
  • Management skills: able to effectively lead, organize and motivate a small team
  • A team player who is willing to get their hands dirty
  • Communication skills: able to converse fluently on complex topics at expert and management levels
  • Presentation skills: keen and able present to varied audiences
  • Willing to travel
  • Experience working with large datasets with experience in data analysis and/or modelling
  • IT experience and use of databases and reporting. Proficient in MS Office.
  • Capable to write professional grade industry reports for publication
  • Languages: English – fluently spoken and professional level writing

Application Procedure

To apply, please  send your CV to nbshr@ntu.edu.sg with the indication of the advertisement ID (JOB-2016-0237670) in the subject.

We regret that only shortlisted candidates will be notified​​​.

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