Bermuda market veteran Peter Skerlj is to join Vantage Group Holdings Ltd in February as chief risk officer, the company has announced.

Mr Skerlj will be based in Bermuda and report to Greg Hendrick, Vantage’s chief executive officer.

In this new role, Mr Skerlj will lead the further development of Vantage’s data-driven enterprise risk management framework building upon the strong foundation established over the first two years of operations.

To continue strengthening Vantage’s risk and economic capital modelling, the company said, Mr Skerlj will leverage technology to drive a cutting-edge approach to risk assessment, modelling, and analytics.

Mr Hendrick said: “Peter is a creative thinker who has a demonstrated track record of designing risk frameworks for start-up and fast-growing businesses.

“He has the rigour to ensure the sustainable, long-term resiliency of Vantage. With his technical expertise and track record in risk management, economic capital modelling and reserving we’re pleased to have Peter join us in this vital role.”

Mr Skerlj said: “Vantage offers a fresh perspective and enviable culture. I’m looking forward to joining Greg and the team, rolling up my sleeves, and advancing Vantage’s comprehensive enterprise-level approach to identify and respond to risk.”

He joins Vantage from Hamilton Insurance where he served as group chief risk officer. Mr Skerlj joined Hamilton in 2012.

Previously, he was head of analytics at Q Re Bermuda Advisors Ltd. Prior to Q Re, Mr Skerlj held various positions at Lancashire Insurance Company, PartnerRe, and Applied Research Associates.

He holds a master of engineering science degree and a bachelor of engineering science degree from the University of Western Ontario.