Elementum, an alternative investment manager specialising in collateralised natural catastrophe event reinsurance investments, has appointed Jacqueline Muschett as managing director, head of actuarial and valuations, in its Bermuda office.

The company said that she will report directly to chief financial officer Mike France.

In her role, Elementum said, Ms Muschett will be responsible for driving Elementum's processes around loss reserving and determining fair value of investments, helping to guide and enhance investment research, portfolio construction and counterparty relationships.

With more than 15 years of experience in actuarial and valuation-focused roles and an earned associateship in the Casualty Actuarial Society, Ms Muschett joins Elementum from Hudson Structured Capital Management, where she served as managing director, head of valuations.

Elementum said that she has held senior positions throughout the industry at such companies as Sompo International (formerly Endurance) and Montpelier Reinsurance.

Mr France, managing partner and CFO at Elementum, said: "Jacqueline's depth of expertise and hands-on actuarial experience bring an invaluable skill-set to the team, and we're excited for the opportunity to bring her talents into the fold as we continue our commitment to creating new layers of value for our investors and our firm.

"In addition to enhancing our valuation capabilities, Jacqueline will be instrumental in supporting our business operations with a focus on enhancing such areas as capital efficiency, pricing and portfolio risk management."

Ms Muschett said: "Elementum has a strong reputation in the insurance-linked securities sector, built on years of successful returns for its clients, as well as its unique high-touch approach.

“I look forward to joining this incredible team and continuing to build out capabilities that will meaningfully impact our clients."

The company said that the addition of Ms Muschett is the latest in a series of senior appointments for Elementum Bermuda in the past year.

Paul Barker, partner and portfolio manager and head of Elementum's Bermuda office, said: "We have an incredible team of individuals here in Bermuda with exceptional talent and diverse backgrounds.

"Jacqueline's unique skill-set and positive energy are a welcome addition and will complement the team while also bolstering our ability to deliver best-in-class service to our clients."

Elementum Advisors LLC is headquartered in Chicago with an additional office in Bermuda through its affiliated sub-adviser, Elementum (Bermuda) Ltd.

The company said that it manages a wide spectrum of risk-linked investments to satisfy a large range of risk/return profiles and liquidity objectives.