- Location
- 42 Crow Ln, Hamilton Bermuda
- Type
- Full-time
- Department
- Insurance
- Source
- Workday
Description
Job Description:
Modeling Actuary
The Role
Based in Bermuda, the Modeling Actuary is a key member of the actuarial team reporting to the Chief Actuary. In this role, you will be responsible for developing and maintaining actuarial models supporting the liability valuation and reserving process under the Bermuda EBS framework and US GAAP, and the evaluation of new reinsurance transactions.
Assist with preparation of reports covering US GAAP, US tax, Bermuda Statutory Financial Statements, Bermuda Economic Balance Sheet, and Bermuda Solvency Capital Requirement.
Provide additional actuarial support for the Company’s Investment, Risk, and ALM functions
Support the Company’s multi-year financial planning process
Ensure an accurate transition and smooth integration of pricing models into the Company’s corporate model framework
Other actuarial support as appropriate
The Expertise and Skills You Bring
Fellow of the Society of Actuaries
10+ years of life and annuity insurance and/or reinsurance experience
Familiar with US life and annuity product designs and features
Experienced MG-ALFA user with a comprehensive actuarial modeling skillset
Strong US GAAP and Bermuda solvency framework experience
Strong interpersonal skills with a collaborative style
Ability to effectively prioritize and manage workload with a sense of urgency
Ability to be a team player, assisting where needed across various corporate functions to achieve operational goals
Preferred Skills:
Asset-liability risk management experience
Investment knowledge relevant to life reinsurance
Life and annuity product pricing experience
The Team
This is an outstanding opportunity to join a newly formed team at Soteria Reinsurance within Fidelity Investments! Come lead one of the world-class financial services companies in its entry into the annuity reinsurance market. Our vision is to build a trusted partner to cedants with strong capital and investment capabilities that will be a trusted, long-term partner to our clients.
#Soteria
