Reporting into and working closely with the Chief Actuary, the Director will be a key member of the valuation and reporting team.
Responsibilities:

• Lead the valuation team and be responsible for actuarial liability reserving for US GAAP and EBS, asset- liability management on existing business and report on a timely basis .
• Responsible for drafting quarterly actuarial reports for Reserve Committee contracts to meet clients’ features, terms, and timeframes;
• He/she will work closely with the CEO and the Board and is responsible for providing leadership and direction in the areas of transaction pricing, actuarial liability reserving, asset-liability management and capital risk management.
• Oversee the quality and availability of data for modelling, projecting expected asset and liability cash flows, evaluating EBS balance sheet, and forecasting earnings and provide reports thereon as required;
• Ensure appropriate governance and controls are in place for all processes
• Assist Chief Actuary with implementation of internal reserving platform
• Work closely with auditors and finance teams, Working with the investments and risk team on Asset- Liability Matching considerations and actions for potential treaties;
• Peer review modelling prepared by colleagues including in other operating subsidiaries in other jurisdictions as required.

Requirements:

Bachelor’s degree required in Actuarial Science, Mathematics or Finance;

• Qualified Actuary preferred (FSA preferred or FIA) or near qualification
• Minimum of 10 years of relevant experience, including life and/or annuity product development, reinsurance, insurance M&A, and valuation / financial reporting;
• Familiarity with Bermuda Solvency Regime and/or US STAT or comparable solvency based reserving regime (Solvency II, Cash Flow Testing, CALM, etc.);
• Strong skills / experience in GGY AXIS;
• Strong skills / experience in actuarial modeling;
• Strong quantitative and technical abilities, and knowledge of life and annuity products;
• Strong communication skills with the ability to present clearly and offer practical advice;
• Self-motivated and proactive with the ability to operate independently;
• Team-oriented with a commitment to shared success;
• Excellent judgement and analytical skills combined with attention to detail and thoroughness;
• Ability to reliably process workload and adhere to deadlines; and
• High degree of professional ethics and integrity.