Our Bermuda based client is looking to hire an Actuary to join them on a Permanent basis.

Ref: 49362

  • Location: Bermuda
  • Category: Life Actuarial
  • Type: Permanent
  • Pay Range: Up to $160k BMD


Key Duties:

  • Developing and maintaining pricing and ALM models for complex products from clients, taking into account relevant regulatory capital, accounting, risk and tax constraints
  • Creating structured and transparent models, applying well-reasoned financial and actuarial methods, allowing for such models to be easily adapted to more complex situations
  • Developing excellent documentation to allow other users to understand and work with these models
  • Working closely with the CUO on pricing transactions
  • Researching, summarizing and being able to explain actuarial concepts and regulations
  • Staying abreast of capital market and insurance industry activities and trends
  • Analyzing data/information and opportunities to make recommendations to all levels of management and
  • Supporting the CUO in ad-hoc requests and special projects as required

Qualifications required:

  • A minimum of five years’ experience in life (re)insurance
  • FSA, FIA or equivalent professional designation, or making progress toward qualification

Experience required:

  • Technical expert in life products and associated risks (e.g. FIA and annuity), and good understanding of ALM and investments
  • Proven ability to model complex life insurance/annuity portfolios, including products with policyholder participation
  • Good understanding of international capital frameworks (including Asian and U.S.), and its application to life risk and annuity products
  • Experience of multi-national accounting frameworks
  • Expert in the use of Excel, Access, SQL
  • Proficient in Risk Agility FM/Risk Agility MoSes and/or similar systems


Patrick McAleer

Business Manager – Europe

T: +44 (0)203 867 9866

Email me


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