Howden Re partners with Moody’s for talent exchange program
Howden Re partners with Moody’s for talent exchange program | Insurance Business Canada
Reinsurance
Howden Re partners with Moody’s for talent exchange program
Program builds on extended license agreement for models and risk platform
Reinsurance
By
Kenneth Araullo
Howden Re and Moody’s have launched a three-month reciprocal early careers talent exchange program.
This initiative involves the exchange of graduate analytical team members to enhance their modeling, analytics, and client service skills while expanding their professional networks.
Starting on July 1 and running until Sept. 27, the inaugural program will see two analysts from Moody’s Insurance Solutions team joining Howden Re’s International Treaty Team, while two analysts from the International Treaty Team will join the Insurance Solutions team at Moody’s.
The program builds on an extended license agreement, enabling Howden Re to utilize Moody’s RMS high-definition models and adopt its Intelligent Risk Platform and associated applications.
Massimo Reina (pictured below), CEO of Howden Re International, said this extension of the partnership with Moody’s reflects both organizations’ commitment 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,” Reina said.
Michael Steel, general manager of Moody’s Insurance Solutions, stated that both organizations have strong graduate development programs and share a commitment to finding and developing the brightest talent for the 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,” Steel said.
The exchange program allows high-performing analysts from both organizations to experience the development and application of analytics data, tools, and platforms in a different business environment, accelerating knowledge and skills through expanded early careers opportunities. Howden analysts will interact closely with Moody’s modeling and analytics, while Moody’s analysts will gain practical experience in reinsurance applications and client services.
Howden Re analysts will join Moody’s Insurance Solutions Graduate Program, building 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 early careers program, known as the Pioneers Program, to enhance their skills and experience.
The first instance of the exchange program will take place in London, with the insights and knowledge gained supporting analytical capabilities across Howden Re’s international markets.
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