Director, Model Development

About the role

We’re a fast-growing, privately held insurance company on a path to becoming a leading U.S. retail platform. We believe every client and customer relationship holds the potential to become something greater—and the same is true for our people. As we grow, we’re redefining how great talent connects with meaningful work, enabling our ambitious strategy while building a culture of high performance, creativity, and partnership.

What You’ll Do

• Maintain and enhance actuarial models and processing tools supporting Statutory reporting, including Cash Flow Testing and Principle-Based Reserves (PBR)
• Support models used for Embedded Value, Business Planning, and U.S. GAAP reporting under LDTI
• Ensure modeling outputs are accurate, timely, and aligned with reporting and business requirements
• Execute the future-state modeling platform strategy, including model conversions and architecture modernization initiatives
• Lead efforts to improve model quality, scalability, governance, and operational efficiency
• Support enterprise initiatives related to LDTI, PBR, capital management, and actuarial transformation
• Manage multiple modeling workstreams and strategic projects simultaneously, ensuring successful delivery against priorities and timelines
• Cross-functional stakeholders to drive execution of key actuarial initiatives
• Balance hands-on technical engagement with overall project oversight and leadership
• Drive initiatives that improve end-to-end modeling processes and reduce financial reporting cycle times
• Enhance modeling controls, analytics, automation, and documentation standards
• Identify opportunities to improve efficiency, transparency, and user experience across actuarial tools and processes
• Support in-force management, actuarial due diligence, regulatory field testing, and model validation activities
• Help develop transaction pricing models for capital management initiatives, including financial reinsurance transactions
• Support regulatory filings and analyses associated with strategic capital initiatives

Team Leadership & Development

• Lead, mentor, and develop a high-performing team of actuarial professionals
• Foster a culture of technical excellence, continuous improvement, and collaboration
• Support the development and implementation of modeling standards, best practices, and governance frameworks

Required

• Fellow of the Society of Actuaries (FSA)
• 7+ years of actuarial experience, including experience leading teams and complex initiatives
• Deep expertise in U.S. Statutory accounting, including PBR
• Deep expertise in U.S. GAAP accounting, including LDTI
• Strong experience with life and annuity products
• Prominent ability to lead multiple projects and workstreams simultaneously
• Strong executive communication and presentation skills
• Experience presenting complex analyses to senior leadership and Board-level audiences
• Demonstrated success developing and leading high-performing technical teams

Preferred

• Expertise in Bermuda Economic Balance Sheet Framework
• Experience with MG-ALFA and actuarial cash flow modeling platforms
• Familiarity with asset modeling
• Technical proficiency in SQL and Python