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Job ID: 34073
Job Openings by Title Junior Actuary
Location Bermuda
Description:
Position:	Junior Actuary

Company:	Insurance

Location:	Bermuda

Job ID:		34073


Responsibilities:

- Support and assist the actuarial team in the performance of pricing and Capital & Exposure Management. 
- Assisting the senior actuaries in the day to day updates of the current internal capital model and preparation of reports from the models used.
- Assisting with the development of capital allocation and portfolio optimization, 
- Pricing inward catastrophe contracts using vendor catastrophe models.
- Managing and analyzing the model comparison studies.
- Drafting results reports for the Chief Actuary.
- Other ad hoc duties. 

Qualifications:

- Bachelors degree in Mathematics, Science, Engineering or related discipline.
- Progress toward becoming a Qualified Actuary.
- Experience in pricing commercial insurance or reinsurance in the Bermuda market.
- Experience working with catastrophe models, specifically RMS and AIR models.
- Experience working with DFA software such as Remetrica, Igloo or Similar.
- Excellent written and oral communication skills, with proven ability to communicate with senior management and external stakeholders.
- Demonstrate an understanding of the insurance, reinsurance and financial markets as well as being a lateral thinker.
- Possess excellent technical and computer skills including proficiency in Excel, Access and SQL.
- Knowledge of ERM principles.
- Flexibility to work extended hours and travel overseas when required.


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