AVP & Actuary-Bermuda Risk-Financial

About the role

The AVP & Actuary - Bermuda Financial Risk position will serve as a central coordinator for managing Bermuda financial risk, while also maintaining a hands-on role in core analysis and problem-solving, particularly on complex or time-sensitive topics. This position will be responsible for ensuring that capital, asset liability management, credit, and pricing for Bermuda reinsurance are being evaluated holistically across the various lenses of risk, aligned across stakeholder groups, and appropriately escalated to senior leadership and governance forums.

Responsibilities

• Coordinate with shared resources to capture, manage, report on and set guidelines around interest rate, equity, counterparty credit, pricing, insurance and model risks for Bermuda reinsurance, considering the Bermuda Solvency Capital Requirement (BSCR), Economic Capital (EC), Asset Liability Management (ALM), and Global Investment Assumption Committee (GIAC) frameworks
• Enhance implementation of quarterly BSCR ratio stress testing and utilize it for ALM, capital, credit, FX, and insurance risk management
• Manage agenda for Bermuda financial risk working group
• Develop close working relationships with internal partners, including Reinsurance, Reinsured Business Units, Investment Risk & Stress Testing, Insurance & Pricing Risk Management, Japan Risk, Treasury, Actuarial Resources Unit (ARU), and MII
• Keep current with Bermuda Monetary Authority (BMA) rules and regulations

Requirements

• Fellowship in an actuarial organization, bachelor’s degree in a quantitative field
• Self-starter, with experience managing large projects across functions
• Demonstrated problem solving skills and hands-on experience
• 10+ years of experience in risk management, treasury, actuarial pricing, product development, investments, capital management, and/or reinsurance
• AI fluency with the ability to effectively leverage emerging technologies to enhance productivity and support informed decision-making

Qualifications

• Master’s degree in a quantitative field
• Demonstrated success influencing stakeholders across complex, matrixed organizations