State-backed reinsurer Pool Re has appointed former Willis executive director Stephen Burr as the company’s head of actuarial services.
Burr will take up the new role immediately, as it was previously fulfilled by an external consultant. He will report to Steve Coates, chief underwriting officer at Pool Re.
“Stephen is the ideal candidate to manage our actuarial function,” said Pool Re CEO Julian Enoizi. “He joins with an exceptional track record and I am certain that our members will quickly benefit from his expertise.”
Enoizi said Pool Re continues to evolve its offering “to reflect a shifting threat and a broader terrorist arsenal.”
“A robust actuarial platform is essential to ensure that our proposition remains a leading example of terrorism reinsurance cover,” he said.
Burr brings nearly 25 years of experience to his new post. He joins from Renaissance Re Syndicate 1458, where he was senior pricing actuary.
In that previous role, Burr was instrumental in the creation of the syndicate’s pricing platforms and the extension of its capabilities to accommodate new classes of business.
Burr also served as an executive director for Willis Limited where he provided actuarial support to brokers, optimizing reinsurance solutions.
He later joined the company’s capital markets team and played an integral role in Willis’s first two public catastrophe bond placements.
Earlier in his career, Burr worked at Swiss Re UK and headed the reserving team before structuring alternative risk transfer solutions.
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