HR117: Assistant Vice President, 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

• Oversee and perform numerous tasks and duties for valuation, inforce management, modeling, risk, capital management and investments. • Manage and contribute to the production of the company's quarterly and year-end US GAAP financial and regulatory reporting. • Oversee, implement, and improve actuarial modeling and workflows throughout the entire actuarial life cycle. • Manage the execution of the business plan through development of new models, assumptions, policies and valuation processes. • Serve as a point of contact for internal and external stakeholders. • Serve as a subject matter expert on US GAAP (LDTI), US Stat, Bermuda EBS (SBA & BSCR), and/or AXIS modelling. • Support governance and validation processes for the company’s Scenario Based Approach “SBA” modelling. • Oversee actual to expected experience analysis and develop and propose updates to valuation assumptions. • Stay abreast of industry developments, financial reporting, and regulatory changes. • Manage ad-hoc requests for supplemental financial and reporting information. • Manage and coach actuarial staff and external consultants.

Requirements

• Bachelor’s degree in Actuarial Science, Mathematics, Finance, Risk Management or similar • SOA, FSA or equivalent actuarial designation • Minimum of 8+ years relevant full-time actuarial experience, working directly for a life/annuity (re)insurance company or consulting organization • Advanced actuarial modeling skills in AXIS, Prophet, ALFA, and/or Milliman’s Integrate • Advanced proficiency in Moody’s AXIS • Advanced knowledge of US GAAP, US Stat, Bermuda EBS and BSCR, RBC, and/ or Solvency II • Advanced knowledge of fixed-income investments and asset modelling • Working knowledge of annuities (FDAs, FIAs, PAs) and life insurance products • Technical, analytical and lateral thinking individual with an eye for detail • Excellent critical thinking, sound judgement and problem-solving skills • Strong stakeholder management skills and ability to effectively manage staff and prioritize competing deadlines, projects, and ad-hoc requests as they arise • Excellent business and collaboration, leadership, and communication skills both written and oral • Willingness and capacity to work overtime including evenings, weekends, and public holidays and on short notice when needed to meet time-sensitive tasks • Experience with managing projects and employees