Hamilton Underwriting Limited has appointed former Chubb
executive Alex Baker as the chief actuary and chief risk officer of the Lloyd’s managing agency.
Now a key member of Hamilton Underwriting’s executive team, Baker will be responsible for the development of pricing strategies and models, actuarial financial analyses and forecasts.
He will also support the board in achieving its risk, strategy and capital management objectives.
Baker will be reporting to Hamilton Underwriting CEO Dermot O’Donohoe while working closely with group chief risk officer Peter Skerlj.
“Since acquiring the managing agency and syndicate just over a year ago, we’ve focused on filling the critical administrative and underwriting roles that support our goal of building a diversified Lloyd’s platform,” O’Donohoe said.
“We now have a first-class group of executives supporting an outstanding team of underwriters. I’m delighted to welcome Alex to Hamilton,” he added.
Before joining Hamilton Underwriting, Baker served as the chief actuary of Chubb
Managing Agent Limited where he was responsible for all actuarial work for the Lloyd’s Syndicate 1882.
He also worked as a capital modelling actuary at Chubb
Insurance Company of Europe and Chubb
Managing Agent Limited.
Baker spent two years with Chaucer Syndicates as a capital modelling actuary, where his role included service on the syndicate managing boards for two Lloyd’s syndicates.
Baker also served as senior consultant at PricewaterhouseCoopers for six years.