Experienced executive in technology driven fields such as biotechnology and finance with an exemplary track record at building high performance teams and managing talented professional.
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Board MemberRekstrarlundurHafnarfjordur, Is
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Board MemberVerna Jun 2024 - PresentReykjavík, Capital Region, IcelandA disruptive InsurTech company in Iceland. -
Board MemberRekstrarlundur May 2024 - PresentReykjavík, Capital Region, Iceland
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Board MemberSeek Ehf Dec 2023 - PresentReykjavík, Capital Region, IcelandParent company of two technology companies in Iceland, Program and Andes.
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Board MemberReiknistofa Bankanna Rb Dec 2021 - Mar 2023Reykjavík, Capital Region, IcelandSat on the board of Reiknistofa Bankanna on behalf of Arion bank, my employer at the time. -
Managing Director Of It & Cto/CioArion Banki Mar 2020 - Mar 2023Reykjavík, Capital Region, IcelandLead a multidisciplinary IT team of more than 150 people in banking and insurance.Disciplines included software engineering (ux/ui, services, and SQA), Devops, data engineering, technical product management, procurement, compliance, program management, and support.Major accomplishments include:Major revamping of the IT org structure to enable cutting edge product development with well defined roles and responsibilitiesLead the completion of Arion's integration to a new deposit and transaction management system (total project cost 10s of mUSD)Successfully in-sourced IT's operations after a failed outsourcingAchieved major savings in operating cost (multiple mUSD)Took the team from having the lowest eNPS compared to other departments at Arion, when I started, to the the highest at my time of departureSuccessfully lead the team through a major on-prem to cloud migration of the companies CRM system in record timeAchieved superb budget predictability (<5% deviation)Lead the team to success implementation of the necessary processes to achieve ISO 27001 certification -
Senior Vp, R&D - Data Science And EngineeringNatera Aug 2017 - Feb 2020San Carlos, CaManage Natera's R&D team of over 220 people strong. In my role, I was responsible for the R&D budget, strategic decision making, staffing of key personnel, evolving the IP portfolio, and delivery on Natera's product roadmap. I lead all product launches and major product development efforts that involve Panorama, Signatera and Horizon, including spearheading the launch of Natera AI. This included delivering the strategy for Panorama SMART study and key Signatera collaborations. Further, ensured compliance with GDPR, California Consumer Privacy Act, and other regulatory requirements. The results were a market cap of over $10b.My team consisted of application scientists, automation engineers, bioinformaticians, data scientists, molecular biologists, production engineers, production reviewers, production support engineers, software engineers, software quality engineers, and program managers.In addition to commercial success, Natera's R&D team also published high profile articles in journals such as Nature and Science and fostered an extensive IP portfolio. -
Vice President, Bioinformatics, Engineering, And Data ScienceNatera May 2014 - Aug 2017201 Industrial Road, San Carlos, Ca 94070Responsible for the research and development strategy at Natera and the Cloud platform. As a key member of Natera's management team, I plan and execute the company's product plan and drive intellectual property development.Manage more than 120 people with expertise in bioinformatics, statistics, software development, and production operation. -
Senior Director, Statistics & Data ScienceNatera Aug 2013 - May 2014201 Industrial Road, San Carlos, Ca 94070 -
Director, Statistics & Data ScienceNatera May 2012 - Aug 2013201 Industrial Road, San Carlos, Ca 94070I manage the Statistics Group which along with the Biology Group constitute Research & Development at Natera. In addition to being responsible for algorithm development and data analysis, the Statistics Group also manages the algorithm code base which is several 100k lines of code.I took over management of the group during a critical time in R&D of Natera’s most ambitious project to date, the Non-invasive Prenatal test, Panorama™, which was successfully launched in December 2012, Natera’s first Next-Generation Sequencing (NGS) product, which in its second month exceeded the combined volume of other products at the company.My current focus is on Natera’s technology transfer from microarrays to NGS.As a member of Natera’s management team, I attend board meetings and contribute to the company’s strategic direction. -
Senior Statistician / Data ScientistNatera Aug 2009 - May 2012I developed statistical methods and algorithms with applications in genetic analysis. I was a lead researcher and developer of molecular karyotyping technology using microarrays which offers significant advantages over traditional cytogenetic karyotyping, the latter being slow, unreliable and unable of detecting cell-contamination. I was further responsible for the production code of the world’s first non-invasive prenatal test, Natera’s Non-invasive Prenatal Paternity Test. -
Senior Vice PresidentStraumur Investment Bank May 2008 - Apr 2009Structuring and derivatives trading. Development of quantitative trading strategies.Co-managed the Icelandic equity derivatives book. Successfully navigated the book through the fall of the Icelandic banks and the collapse of the Icelandic stock market. -
Proprietary TraderStraumur Investment Bank Nov 2006 - May 2008Founded a quantitative trading desk. Developed and traded quant trading strategies in FX and futures. The total portfolio had 1-day risk limit in excess of 2.5 m.EUR (one standard deviation in returns).Traded various assets in the domestic market based on fundamentals. Other tasks included structuring support and risk estimation for other desks. -
Credit Modeling - AssociateCiti Feb 2006 - Nov 2006Primary role was development of applications of Citigroup's Hybrid Probability of Default model to portfolios of cash bonds and to synthetic collateralized debt obligations. -
Research AssistantStanford University Sep 2001 - Jan 2006Published several papers in information and estimation theory with applications in wireless communication and noise reduction. -
Technical ConsultantDecode Genetics Jun 2001 - Feb 2002Technical consultant on the national genealogy database project.Designed and implemented a Java client for a SQL query generator.Co-author on US patent 6,578,028 in database technology. -
Software EngineerDecode Genetics Jun 1998 - Sep 1999Developed software for use in project management in genetic research.
Styrmir Sigurjonsson Education Details
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Electrical Engineering -
Electrical Engineering -
Electrical Engineering
Frequently Asked Questions about Styrmir Sigurjonsson
What company does Styrmir Sigurjonsson work for?
Styrmir Sigurjonsson works for Rekstrarlundur
What is Styrmir Sigurjonsson's role at the current company?
Styrmir Sigurjonsson's current role is Board Member.
What schools did Styrmir Sigurjonsson attend?
Styrmir Sigurjonsson attended Stanford University, Stanford University, Háskóli Íslands.
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