• 33429
  • Life - Actuarial
  • |
  • Bermuda
  • |
  • Mar 13, 2018
  • Develop and maintain the pricing and the ALM models for complex products from clients taking into account relevant regulatory capital, accounting, risk and tax constraints.
  • Create structure and transparent models applying well-reasoned financial and actuarial methods and allow for such models to be easily adapted to more complex situations.
  • Develop excellent documentation to allow other users to understand and work with the models.
  • Work closely with the CUO on pricing transactions.
  • research and be able to summarize and explain actuarial concepts and regulations.
  • Stay abreast of capital market and insurance industry activities and trends.
  • Analyze data, information and opportunities and make recommendations to all levels of management.
  • Support the CUO in ad-hoc request and special projects as required.
  • A minimum of five years’ experience in life (re)insurance.
  • FIA, FIA or equivalent professional designation or making progress toward qualification.
  • Technical expert in life products and associated risk (eg FIA AND annuity) and good understanding of ALM and investments.
  • Proven ability to model complex life insurance / annuity portfolio, incl. products with policy holder participation.
  • Good understanding of US, Bermuda and Solvency II capital framework and its application to life risk and annuity products.
  • Expert in use of Excel, Access and SQL.
  • Proficient in Risk Agility FM/ Risk Agility MoSes and /or MG Alfa systems & coding.
  • Advanced analytical skills and great attention to detail and ability to manage several projects.
  • Excellent verbal and written communication skills. A strong team player able to work in a collaborate environment on a global scale.