Senior Actuary

  • 40398
  • Life - Actuarial
  • |
  • Bermuda
  • |
  • Nov 10, 2022
RESPONSIBILITIES
  • Management of the Company’s regulatory balance sheet including the framework for monitoring resilience of the Company’s solvency.
  • Provide insight into capital efficiency of strategic initiatives and new business opportunities.
  • Provide actuarial and capital management support for Bermuda-oriented ad-hoc investigations and strategic projects.
  • Independently review the assumptions used for the pricing of all new business and recommend adjustments
  • Provide risk analysis and second line review for our US-facing reinsurance entity requiring Bermuda expertise.
  • Continued development of an effective risk management framework for our US-facing reinsurance entity.
  • Recommend the assumptions and methodology used for the annual CISSA exercise. Provide oversight of the CISSA process and recommend actions to ensure the CISSA capital remains within risk appetite.
  • Review adequacy of EBS Technical Provisions. Assist Approved Actuary in the annual certification to the Bermuda Monetary Authority (“BMA”)
  • Assist in setting the assumptions used in the Bermuda Economic Balance Sheet (“EBS”) valuations.
  • Ensure the ongoing integrity of all the company’s actuarial valuation systems and models.
  • Independently review the assumptions utilised annually for business planning purposes.
QUALIFICATIONS
  • Fully qualified Life Actuary
  • A minimum of five years of experience of pricing and/or reporting business
  • ->SALARY: 200-250k