DUAL North America has announced the hiring of two key executives.
The company has appointed Ranjit Jaswal as Chief Risk Officer and Luke Wolmer as Senior Vice President, Actuarial and Data Analytics.
As Chief Risk Officer, Jaswal will lead the company’s risk and compliance vision and strategy. He works with key stakeholders at both DUAL and Howden Group to develop and enhance enterprise risk management approaches.
Additionally, this role includes reporting on risk exposures to the DUAL North America leadership team.
Based in New York and reporting to John Johnson, Chief Executive Officer of DUAL North America, Jaswal will be the newest member of DUAL North America’s leadership team and risk committee.
Overall, Jaswal brings over 25 years of international financial services experience to this role. Previously, the reinsurance giant held consulting and corporate risk roles at leading companies such as Swiss Re and EY.
Jaswal most recently served as Managing Partner at Mazars US, leading its financial services consulting practice.
Additionally, California-based Walmer brings more than a decade of experience to the new position.
As senior vice president of actuarial and data analytics, he is responsible for providing and overseeing actuarial services for both new and updated programs. This includes analyzing pricing and bookings, developing new products, and providing guidance to division leaders in setting the direction of their books.
Prior to joining DUAL, Wolmer was P&C Analytics North America Market Leader for Swiss Re.
Commenting on this appointment, Johnson said: Internationally he operates in 19 countries and domestically in 26 diverse underwriting divisions, so a deep understanding of our business is important. Ranjit’s guidance on potential risks to our business will be key to achieving our long-term goals as we continue to expand and the wider market continues to evolve.
“Gaining insights from data is critical to our continued profitable growth, and Luke’s actuarial expertise is invaluable to that end. Ranjit and Luke are both great additions to our team. A great team and their industry experience will ensure we are on the right track to becoming the best insurance underwriting organization in the United States.”