Actuarial Jobs, Actuarial Positions, and Actuarial Employment
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Job ID: 33658
Job Openings by Title Assistant Director
Location Bermuda
Description:
Position:	Assistant Director

Company:	Other

Location:	Bermuda

Job ID:		33658


Responsibilities:

- Managing and directing a team of professionals responsible for undertaking risk-based supervision of licensed or regulated entities and groups in the insurance sector using a mix of financial analysis, other performance data analysis, off/on-site compliance reviews, and prudential and other meetings with senior management.
- Preparing risk assessments, evaluations, reports, and briefing memoranda in relation to various re/insurance entities and groups.
- Participating in the drafting of internal policies, procedures and guidance notes.
- Providing direction, leadership and supervision to the assigned team/s, in addition to providing support on technical, managerial, and administrative matters in achieving the department’s overall goals and objectives.
- Identifying training needs of the team and assisting in establishing programs for employee development by way of formal training courses.
- Providing senior management support to the Assessment and Licensing Committee.
- supporting in a similar capacity the direction of the licensure of insurance entities, agents, brokers and salespersons.
- Representing the company at various local, regional and international meetings, conferences, and seminars.

Qualifications:

- A Master’s degree or equivalent designation in Insurance, Finance or Accounting from a recognized institution or professional body.
- A minimum of ten years’ experience, with at least five years at a senior level managing a team within the insurance industry and/or insurance regulatory environment. 
- Superior knowledge of both domestically and internationally active re/insurers’ operations.
- Relevant compliance, operational and managerial experience in a financial services environment.
- The ability to interpret, administer and discuss insurance-related regulatory laws, regulations, criteria, standards and other relevant documents.
- Excellent management, leadership and interpersonal abilities, along with strong analytical and communication skills.


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