Ariel Re, the Bermudian-based reinsurer, has appointed Apryle Oswald to the newly created role of chief analytics officer.

Ms Oswald, whose appointment is effective on Monday, will be based in Ariel Re’s Bermuda office. The reinsurer also has offices in London and Hong Kong.

In this new role, Ariel Re said, Ms Oswald will lead a team with responsibility for continuing to provide the company with leading-edge analytics to promote superior underwriting capabilities.

The company said she will also support Ariel Re’s global data management and governance, research and develop new data analytics capabilities and expand the company’s current analytics abilities.

This will be done by leveraging Ariel Re’s proprietary, cutting-edge portfolio software system to service its clients, regulators and investors.

Ms Oswald most recently served as portfolio manager at Nephila Capital for eight years and before that spent seven years with Renaissance Reinsurance Ltd as vice-president, underwriting.

She is a fellow of the Casualty Actuarial Society as well as a chartered financial analyst and certified life coach.

The company said that her addition to the team aligns with Ariel Re’s vision of being the premier manager of reinsurance risk.

“We are delighted to welcome Apryle to this new position,” said Ariel Re CEO Ryan Mather.

“Apryle brings a wealth of experience and tremendous knowledge of the market, which will complement the skills of the strong analytics team we already have in place.”

He added: “The appointment of a chief analytics officer reflects our ambition to embed and co-ordinate analytics across all lines of business we write, underlining its importance as a core foundation for our future success.”