This role requires the successful candidate to relocate to Bermuda; relocation costs will be covered by the client.
We’re recruiting on behalf of our client, a leading financial services organisation, seeking a motivated and analytical Junior Life Reinsurance Actuary to join their team in Bermuda.
This is an excellent opportunity for an actuarial professional looking to develop their career within the life reinsurance sector, working alongside experienced industry professionals on a wide range of technical and strategic initiatives.
Key Responsibilities
- Review and analyse financial, actuarial, and prudential submissions from life and reinsurance entities
- Support reserve reviews, capital assessments, stress testing, and risk analysis activities
- Participate in meetings, on-site reviews, and ongoing engagement with insurance companies
- Assist with research and analysis on emerging trends within the life reinsurance market
- Contribute to process improvement, automation initiatives, and development of analytical tools
- Prepare reports, presentations, and technical findings for internal stakeholders
- Provide actuarial insight and support across a variety of business and operational projects
Qualifications & Experience
- Professional actuarial designation such as FSA, FIA, FCIA, CERA, or equivalent
- Minimum 7 years’ actuarial or life insurance/reinsurance experience
- Strong understanding of life insurance products, risk management, and capital frameworks
- Knowledge of risk-based regulatory or solvency frameworks such as Solvency II or similar regimes
- Experience with actuarial modelling and analytical tools including Excel, Python, R, Matlab, or similar
- Strong analytical, communication, and problem-solving skills
- Ability to manage multiple priorities in a fast-paced professional environment
- Previous experience within financial services, insurance, reinsurance, or consulting preferred