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Job ID: 33259
Job Openings by Title Financial Reporting Actuary
Location Bermuda
Description:
Position:		 	Actuary

Company:			(Re) Insurance

Location:				Bermuda

Job ID:			33259



Responsibilities:

-Complete the reserve and profit analysis for the actuarial processes as part of the GAAP financial close for the reinsurance unit.
-Design and implement necessary controls to ensure results are accurate for the reinsurance unit.
-Develop and manage the actuarial financial planning process for reinsurance unit, and ensure consistency with the rest of the Company.
-Liaise and coordinate with actuarial and finance across the organization to ensure consistency in methodologies, assumptions and controls.
-Ensure consistency in assumptions and methodologies for the Company’s financial close process.
-Provide support for the statutory financial close process, including the analysis of the regulatory capital positions.
-Provide support for modeling of new business opportunities, and lead integration of new deals into the established GAAP reporting process.
-Support the ALM modeling process and communication to senior management by producing key profitability measures, including cost of fund analysis and experience study analysis.
-Provide primary actuarial support for external GAAP audits for the reinsurance segments.
-Audit and periodically evaluate the data provided by each cedent.
-Manage and lead the Bermuda actuarial GAAP reporting team.

Qualifications:

-Bachelor’s degree in mathematics, actuarial science, or related field.
-ASA required, or equivalent qualification of other Actuarial professional organization, Fellowship of the Society of Actuaries (FSA) preferred.
-7+ years’ experience working in the life insurance industry, with majority of experience working in financial reporting.
-Experience with US GAAP reserving and development of financial statements.
-Ability to set and manage priorities in a changing work environment is essential.
-Ability to interact with senior management and key stakeholders across the organization.
-Excellent oral and written English language skills.
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