Bermuda-based reinsurer SAC Re has announced it has filled four key management posts in its property reinsurance, finance and risk management teams.The company, which launched operations this year and which is backed by SAC Capital Advisers, a hedge fund run by Steven Cohen, is based in offices in Par-la-Ville Road.Kathleen Reardon has joined SAC Re as chief underwriting officer — property, and will be responsible for establishing the company’s property reinsurance business.Prior to joining SAC Re, Ms Reardon was chief underwriting officer, international at Ace Tempest Re Bermuda for seven years, where she was responsible for the international property reinsurance business. Ms Reardon, who began her career with Ace’s predecessor CIGNA P&C, has over 18 years of re/insurance industry experience and is a Fellow of the Casualty Actuarial Society.Deepening the property reinsurance team, Tim Duffin has joined the company as senior vice president, underwriter — property, reporting to Ms Reardon. Mr Duffin was most recently a property reinsurance underwriter for Platinum Underwriters Bermuda, Ltd, where he focused on US property catastrophe reinsurance. Previously, Mr Duffin was a reinsurance broker for Aon in London and Bermuda.SAC Re’s finance team has been enhanced with the addition of Vanessa Hardy Pickering, who has joined as Group Controller, reporting to SAC Re’s chief financial officer.Prior to joining SAC Re, Ms Hardy Pickering was senior vice-president, controller for Ariel Re Bermuda since April, 2012 and Ariel Reinsurance Company for the previous six years.Completing the recent key hires, Susan Smith joined SAC Re on October 1 as senior risk analyst. Ms Smith was previously a senior risk analyst at Montpelier Reinsurance Holdings.SAC Re CEO Simon Burton said: “We are delighted to have Kathleen on board to lead our property reinsurance team going into the January renewal season. Her strong analytical background and deep market knowledge will be instrumental in building our property reinsurance business. In addition, we could not be more pleased with the calibre of candidates seeking to join our team at all levels. Tim, Vanessa and Susan each have deep experience in their roles and are terrific additions to the team.”