HR115: Senior Financial Reporting Actuary | 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

• Senior Reporting Actuary supports finance strategy with a focus on actuarial reporting and business planning. • Focus on annuity and longevity reinsurance business. • Review and challenge results, methodology, and controls. • Actuarial project support for onboarding new business and internal model change projects. • Prepare reports and analyses for review by senior management. • Develop and maintain relationships at all levels within the organization.

Requirements

• Fully qualified Life Actuary • 5+ years of relevant actuarial experience in the life insurance sector • Significant experience and understanding of individual and bulk purchase annuity business and longevity swaps are required, with experience in the UK and/or Canadian market strongly preferred • Significant experience and demonstrated deep technical understanding of IFRS and Solvency II balance sheet frameworks. Experience with the Bermuda Economic Balance Sheet (“EBS”) framework is an asset • Previous experience performing, analysing and synthesizing technical actuarial calculations and results and communicating them to others effectively • Demonstrated understanding of compliance standards for actuarial reporting, with the 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, as well as internal stakeholder management in a global organization • Demonstrated ability to act independently, as well as part of a team, and apply sound judgement and pragmatism in order to achieve business aims • Ability to take a balanced view on a range of actuarial and commercial matters, taking on board the views of others and weighing potential risks, combined with the personal confidence to back own judgment • A deep commercial awareness and a good understanding of the wider business, as well as the economic, market and regulatory environment in which the company operates • Must be very organised, highly efficient and enjoy working in a fast-paced dynamic environment, with the ability to work overtime to meet deadlines