HR103: Financial Reporting Actuary, Life | Bermuda

September 6

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Hamilton Recruitment (Caribbean & Asia-Pacific)

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Financial Services Recruitment • Accountancy • Legal • Trusts • Audit

11 - 50

Description

• Conduct financial management and reporting for annuity and longevity reinsurance business. • Perform, review, and challenge financial reporting. • Actuarial reporting includes IFRS, Solvency II and Local Economic Balance Sheet. • Work with Group Divisions to develop and maintain reporting capabilities and solutions. • Assist with onboarding new internal and external business, including reconciliation of reporting financial metrics with pricing. • Prepare reports and analyses for review by the Head of Actuarial Reporting and the Chief Actuary. • Provide actuarial support for the company ad hoc investigations and strategic projects. • Deliver effective written and verbal communication. • Develop and coach others on the team and work to achieve and maintain optimal employee engagement. • Actively promote the client’s culture of ownership across the organisation. • Carry out duties with integrity and diligence, ensure appropriate professional standards are maintained.

Requirements

• Fully qualified Life Actuary • 5+ years’ recent reporting actuarial experience, with demonstrated deep technical understanding of IFRS and Solvency II balance sheet frameworks. • Experience within the Bermuda Economic Balance Sheet (“EBS”) framework is an asset • Experience and demonstrated understanding of bulk purchase annuity business is required, with experience in the UK and/or US market strongly preferred • Demonstrated ability to understand, apply, interpret, and effectively communicate the technical aspects of complex financial information, such as external regulatory reporting, capital and solvency requirements, and IFRS reporting • Demonstrated understanding of compliance standards for actuarial reporting, with proven ability to identify key issues and design and implement efficient, robust, and effective actuarial processes and controls • A proven track record of excellent relationship management at all levels throughout an organisation and internal stakeholder management in a global organisation • Demonstrated ability to act independently, as well as part of a team, and apply sound judgement and pragmatism to achieve business aims • Ability to take a balanced view on a range of actuarial and commercial matters, take on board the views of others, and weigh potential risks, combined with the confidence to back their own judgment • Deep commercial awareness and a good understanding of the wider business, as well as the economic, market, and regulatory environment in which our client operates • Must be organised, highly efficient, and enjoy working in a fast-paced dynamic environment, with the ability to work overtime to meet deadlines • Experience with the AXIS modelling software is desirable