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Job ID: 34188
Job Openings by Title Actuary / Senior Actuarial Associate - Pricing
Location Bermuda
Description:
Position:	Actuary / Senior Actuarial Associate - (COE)

Company:	Reinsurance

Location:	Bermuda

Job ID:		34188


Responsibilities:

- Developing detailed pricing models for annuity products presented for potential reinsurance transactions.
- Producing analysis including sensitivity testing to ensure pricing meets internal profit targets and risk management criteria.
- Analyzing and critiquing client company pricing assumptions and methodologies.
- Interacting with investment, risk, legal and tax managers when considering and developing reinsurance structures and transactions.
- Assisting in the review of reinsurance term sheets and treaties.
- Maintaining the documentation of actuarial assumptions, pricing standards and models.
- Developing and producing experience studies to support pricing assumptions.
- Integrating pricing models and assumption into the inforce reporting process.

Qualifications:

- Bachelor’s degree in mathematics, actuarial science or related field; Associate of the Society of Actuaries or higher.
- 4+ years’ experience working in life insurance industry.
- Experience in product development, pricing and/or risk management of fixed rate and indexed annuities.
- Actuarial projection and valuation software experience is essential with MG-Alfa knowledge being preferred.
- Ability to interact with internal senior management, directors and client company management.
- Excellent oral and written English language skills.




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