RISK ACTUARY– LIFE AND HEALTH – BERMUDA – 10% TAX – HR135
About this opportunity
Our client is a leading international reinsurance company providing a broad range of Property & Casualty and Life & Health reinsurance solutions to clients across multiple global markets. The organization is recognized for its technical expertise, financial strength, and commitment to delivering innovative risk and capital solutions.
The company operates a regulated reinsurance business in Bermuda, specializing in property catastrophe reinsurance, Life & Health reinsurance, and financial solutions.
We are currently seeking applicants for their RISK ACTUARY position reporting to the Head of L&H Corporate Actuarial. This role is responsible for supporting the delivery, development and governance of the Company's actuarial reporting, risk management, capital management and financial reporting framework. The role encompasses actuarial valuation, model development, governance and technical oversight across IFRS 17, Solvency II, Bermuda regulatory, rating agency and internal economic capital frameworks.
Main responsibilities:
- Deliver quarterly actuarial reporting across IFRS 17, Solvency II, Bermuda regulatory, rating agency and internal capital frameworks
- Provide support in delivering the technical activities of reinsurance portfolios, including valuation methodology, assumption setting, ongoing monitoring and implementation of new reinsurance transactions
- Develop and enhance actuarial models, reporting systems and analytical tools
- Support actuarial governance, model validation and regulatory compliance
- Partner with Business Development, Finance, Risk Management, auditors and Group functions to provide actuarial insight, technical advice and support strategic decision-making
- Analyse financial results and communicate key drivers and insights to stakeholders
- Drive continuous improvement through automation, innovation and the adoption of best practice
- Contribute technical expertise through knowledge sharing, project delivery and collaboration across the Corporate Actuarial function
What you’ll need
- Qualified Actuary (Associate or Fellow of a recognised actuarial body)
- A minimum of three (3) years' experience within life insurance or reinsurance
- Experience of IFRS 17 and/or Solvency II reporting, or other economic capital frameworks would be advantageous
- Strong understanding of actuarial valuation techniques and life and health reinsurance products
- Experience with actuarial modelling software (e.g. Risk Agility FM, Prophet or Moses)
- Experience using analytical programming tools such as SQL, R, Python or VBA
- Excellent organizational and time-management skills
- Demonstrated ability to work independently on complex analytical problems while supporting broader team objectives
- Strong written and verbal communication skills, with the ability to interact effectively with the Pricing and Finance Teams and other internal and external stakeholders
- High attention to detail, strong work ethic and flexibility to work additional hours during peak business periods as needed
How to apply
- To apply, attach your résumé or include a link to your LinkedIn profile
- If you don't provide one of the above, we can't progress your application
For reasons of confidentiality and to ensure best match for positions, our normal practice is to submit applications to employers only after we have had a Career Consultation with candidates. In the event that you are not shortlisted for this particular vacancy, your details will be held on file and considered for other relevant opportunities.
Our clients are equal opportunity employers and value diversity. They do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. If you believe you deserve an exceptional career, we’ll help make it happen.
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