Hamilton

Part Qualified

Associate

Qualified

Life

Health

Property & Casualty

Reserving

Reporting

Reinsurance

Risk

Systems

Modelling

Coding

Pricing

Valuation

Longevity

Consulting

Excel

Power BI

RAFM

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.Responsibilities:<ul><li>Work in close collaboration with underwriting, pricing, claims and finance to develop a common view of the business. Work in partnership with the various stakeholders to identify emerging trends that could impact results and propose corrective action in a timely manner.</li><li>Provide proactive insights, identify the drivers and ensure that the reserve analyses reflect any changes in the portfolio to minimize volatility and avoid surprises.</li><li>Apply innovative approaches and leading-edge tools to analyze the business. Seek opportunities to leverage advanced analytics to provide greater insights. Ensure the quality of the data and its consistent application in the reserving process.</li><li>Establish a governance framework that ensures reserve guidelines are applied consistently across North American operations, complying with internal operational control requirements and all other external regulatory and audit requirements.</li><li>Lead the NAIC requirements related to and on behalf of the Arch Insurance U.S. Appointed Actuary's responsibilities including managing regulatory support and communication.</li><li>Independently manage external third-party consulting analyses streams and communication as well as external and internal audit framework and communication.</li><li>Lead financial reporting related to GAAP and Statutory financials on behalf of the reserving &amp; loss analytics team.</li><li>Prioritize the work to ensure the reserving and loss analytics function is delivering analyses that is of greatest benefit to the organization.</li></ul>Skills/Experience:Level and role are flexible for a talented candidate with long-term fit and potential. Candidates will be evaluated on:<ul><li>A minimum of 15 years' experience in progressively complex actuarial roles within the property and casualty insurance industry.</li><li>A minimum of 10 years' experience within a Reserving function.</li><li>Associate or Fellow of the Casualty Actuarial Society.</li><li>Leadership: Strength and experience as a teacher, manager, peer, leader and contributor to a positive culture.</li><li>Analytical and quantitative skills: theoretical foundation, work quality, productivity, creativity, ingenuity.</li><li>Software skills: Excel, Word, PowerPoint, Power BI expected; basic database and programming skills are a big plus.</li><li>Excellent verbal and written communication skills. Able to communicate complex technical concepts to a wide range of audiences including executive leadership and the board.</li><li>Proven expertise leading and developing actuarial teams. This individual will have experience developing high performing teams with strong technical skills and business acumen.</li><li>Experience presenting to executive management and external stakeholders.</li><li>Demonstrated experience providing proactive guidance and sought-out insights to business leaders, executive management, and other stakeholders.</li></ul>For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible. $129,500 - $201,066/year.<ul><li>Total individual compensation (base salary, short &amp; long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope &amp; responsibilities of the role, qualifications, talent availability &amp; specialization as well as business needs. The above pay range may be modified in the future.</li></ul>Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you.

KPMG. Make the difference.At KPMG our goal is to be the Clear Choice for our Clients, our People and our Community. KPMG professionals are individuals who take deep, personal accountability for their work; have a passion for excellence; remain driven to achieve their full potential; and understand the value of building relationships with clients, future clients, their communities, the global firm and each other. A KPMG professional has a strong work ethic, thrives on challenges, and is dedicated to providing outstanding client services.ManagerKPMG Advisory is looking for a Manager with experience and proven track record in actuarial consulting for the Non-Life / P&amp;C (re)insurance industry, including, but not limited to, experience in managing a diverse portfolio of engagements and working with multi-disciplinary teams. This is a challenging position where you will scope and define appropriate analytical tests to achieve client objectives. You will be responsible for interpreting client generated analytical results and preparing client reports. Responsibilities also include, but are not limited to:<ul><li>Providing high quality actuarial advisory service to clients;</li><li>Building and maintaining strong relationships with new and existing clients;</li><li>Providing analytical support and technical guidance;</li><li>Participation in the completion and auditing of loss reserve studies for reinsurance companies domiciled on the island;</li><li>Participation in development of new business through marketing and sales activities;</li><li>Performance of loss reserve studies for captive insurers;</li><li>Participation in pricing, risk transfer and internal audit projects;</li><li>Conducting reinsurance pricing and special actuarial projects; and</li><li>Supporting the audit department on client projects as needed;</li></ul>Candidates must have the following qualifications, skills and attributes:<ul><li>A minimum of 5 years experience within the Non-Life / P&amp;C (re)insurance industry, or consulting experience within a Big 4;</li><li>​A Bachelor’s degree in Actuarial Science or other suitable numerate discipline (mathematics, economics, science, finance, etc.);</li><li>​Strong P&amp;C reserving abilities and willingness to work in other areas of P&amp;C insurance;</li><li>​Excellent technical and analytical skills;</li><li>​Must be an accredited Associate Actuary from a recognized professional body (Casualty Actuarial Society (CAS), the Institute &amp; Faculty of Actuaries, UK (IFoA) or from any other recognized, equivalent actuarial professional body);</li><li>​The ability to effectively work on concurrent engagements;</li><li>​Flexibility and an enjoyment of working on challenging projects, and interacting with teams;</li><li>​Ability to work overtime as required by the business to meet tight deadlines;</li><li>​A willingness and ability to travel at short notice if required; and</li><li>​Must be a mature, self-motivated individual who is well organized, hard-working, enthusiastic and professional</li></ul>

Company Description: Legal & General Reinsurance is a Bermuda-based specialist life reinsurer and the global reinsurance hub of Legal & General Group Plc. We provide life reinsurance solutions to clients in the UK, Europe, the US, and Canada.Job Description: We’re recruiting for a Pricing Actuary to join us. We’re offering a competitive base salary, great benefits, and the opportunity to support on the pricing of all annuity, longevity, and protection/mortality reinsurance business opportunities, including supporting with the writing of Committee and Board papers.What you'll be doing:<ul><li>Supporting the pricing of all annuity, longevity, and protection/mortality reinsurance business opportunities.</li><li>Supporting pricing systems and processes, including the review of existing systems and the development and implementation of new ones.</li><li>Supporting the team with the writing of Committee and Board papers.</li><li>Supporting relationships with clients, prospects, and retrocessionaires in all territories.</li><li>Providing actuarial support to other areas of the business, including contributing to business planning, reporting, and ad hoc business requests and projects.</li><li>Coaching others to achieve and maintain optimal employee engagement.</li><li>Developing and maintaining highly collaborative and effective relationships at all levels within the organization.</li><li>Actively promoting L&G Re’s culture of ownership across the organization and being a role model for L&G's behaviors of being Straightforward, Collaborative, and Purposeful.</li><li>Carrying out duties with integrity, purpose, and diligence, ensuring that appropriate professional standards are maintained, that the pricing requirements and deadlines are met, that records are maintained appropriately, and that the actuarial processes are fit for purpose and meet internal and regulatory requirements.</li><li>Running and maintaining reinsurance contract administration systems and processes to reconcile and process regular client reinsurance premiums and claims for clients.</li></ul>Qualifications:<ul><li>An Associate or Fellow Life Actuary.</li><li>A minimum of 5 years’ relevant experience within the re/insurance industry or pension consulting industry, 3 of which must be directly within pricing life/annuity business and/or structuring transactions.</li><li>Demonstrated understanding of technical aspects of external regulatory reporting, capital and solvency requirements, and IFRS reporting.</li><li>Ability to design and implement efficient, robust, and effective actuarial processes, incorporating and managing appropriate controls.</li><li>Ability to demonstrate strong technical actuarial skills as well as the ability to apply a balanced judgment of risks and the views of others to achieve business aims.</li><li>Demonstrated ability to develop effective professional relationships at all levels throughout an organization, as well as internal stakeholder management.</li><li>Demonstrated ability to act independently, as well as part of a team, and apply sound judgment and pragmatism to achieve business aims.</li><li>A keen commercial awareness, as well as a good understanding of the economic, market, and regulatory environment in which L&G Re operates.</li><li>Must be very organized, highly efficient, and enjoy working in a fast-paced dynamic environment, with the ability to deliver reliable work of high quality in demanding timescales.</li></ul>

In Bermuda, its core subsidiary Hannover Re Bermuda Ltd (the “Company”) is a BMA regulated dual license reinsurer. Focusing on property catastrophe excess of loss programs, it offers reinsurance capacity to insurers worldwide and writes more than USD 1 billion of annual gross written premium for this segment.We are currently seeking applicants for a Risk Actuary position. The Risk Actuary is responsible for all internal and external actuarial activities related to the L&H portfolio. Internal reporting duties include the review and validation of economic capital valuations for use in capital allocation and value creation metrics.Your Tasks<ul><li>Responsible for the quarterly actuarial IFRS and forecasting process.</li><li>Ensure all internal (management, HR Entities) and external stakeholder (Auditors, Regulators) data and documentation requests for financial reporting data are effectively managed.</li><li>Value the reinsurance portfolio to fulfill the company’s reporting duties in accordance to existing guidance for Internal Capital Model, Solvency II, Bermuda Regulatory and Rating Agency model reporting.</li><li>Contribute to the development and enhancement of the company’s actuarial valuation models in Risk Agility FM, SQL, Excel (VBA).</li><li>Assure all documentation and model governance of the company’s RAFM Reporting models meets international standards of regulation.</li><li>Maintain existing and develop new actuarial experience studies in R.</li><li>Support and enhance the company’s data management process.</li><li>Review financial reporting & risk related tasks carried out by the other team members.</li><li>Maintain strong relationships with the Business Development and Finance Departments and other Group resources.</li><li>Monitor and support the development of group reporting systems and act as the key Re7 user on behalf of the Corporate Actuarial department.</li></ul>Your Profile<ul><li>Bachelor’s degree in Actuarial Science, Mathematics, Statistics or another mathematical based subject.</li><li>Associate or Fellow of Society of Actuaries, Institute and Faculty of Actuaries or qualifications from another recognized actuarial body.</li><li>Minimum of 5 years actuarial experience in valuation for life and health (re)insurance.</li><li>Advanced knowledge of International Financial Reporting Standards (IFRS), Solvency II (balance sheet and variation analysis), and local Bermudian economic capital frameworks.</li><li>Strong analytical and problem-solving skills as well as capability to assume responsibility for complex reporting processes.</li><li>Advanced user and development knowledge of Risk Agility FM, R, SQL, Power BI and VBA.</li><li>Ability to manage multiple projects and produce quality deliverables with tight deadlines.</li><li>Ability to multi-task and work under pressure.</li><li>Excellent communication skills both verbal and written.</li><li>Excellent organizational and time-management skills.</li></ul>What We OfferAtmosphere: You will find an international working environment with short decision channels, an open feedback culture and a sense of community shaped by mutual esteem and a readiness to help.Benefits: Structured onboarding, flexible working arrangements, benefits superior to those of the collective agreement as well as fitness and wellness programs are just some of what we can offer you.Perspective: Show us what you are capable of and seize the opportunity to actively shape your professional future.If you too would like the assurance of a different way of working, start your career with us. Hannover Re (Bermuda) Ltd. is an equal opportunity employer who embraces a culture that celebrates and promotes diversity and inclusion.

Hannover Re, with gross premium of more than EUR 33 billion is the third largest reinsurer in the world. Through its 170 locations worldwide, it transacts all lines of property & casualty (“P&C”) and life & health (“L&H”) reinsurance. In Bermuda, its core subsidiary Hannover Re Bermuda Ltd (the “Company”) is a BMA regulated dual license reinsurer. Focusing on property catastrophe excess of loss programs, it offers reinsurance capacity to insurers worldwide and writes more than USD 1 billion of annual gross written premium for this segment.We are currently seeking applicants for our Actuarial Modelling Analyst position.Your Tasks<ul><li>Analyse, model and price new business opportunities and existing book in accordance with group and local guidelines.</li><li>Develop and customize pricing models and assumptions for various lines of business in various geographical locations.</li><li>Effectively perform catastrophe-modelling using vendor- and in-house developed models and resolve any occurring issues.</li><li>Conduct loss feasibility analysis to validate modelled results.</li><li>Provide technical pricing and further actuarial support to the Underwriting Team by sharing knowledge and making recommendations.</li><li>Implement modelling assumptions accurately in the modelling process, ensuring correct results to quantify the Company’s catastrophe loss potential.</li><li>Provide input for exposure management and portfolio steering of the Company.</li><li>Support Head of P&C Actuarial with regulatory filing and other reporting requirements.</li><li>Actively contribute to complex projects through collaboration and recommendations for effective problem solving and analysis.</li><li>Assist in the development and further improvement of tools to automize and improve department efficiency.</li></ul>Your Profile<ul><li>Bachelor’s degree in business, mathematics, economics or actuarial science.</li><li>Working towards an Actuarial certification with a minimum of three (3) years actuarial experience in property & casualty pricing.</li><li>Profound knowledge in the usage of natural catastrophe models from Verisk (AIR).</li><li>Experience in validation of third-party Nat Cat models.</li><li>Strong analytical and problem-solving skills with great attention to detail.</li><li>Excellent communication skills, both verbally and written.</li><li>Proficient with Microsoft Office Suite of applications and SQL.</li><li>Willingness to work additional hours as needed to meet business objectives</li></ul>What We OfferAtmosphere: You will find an international working environment with short decision channels, an open feedback culture and a sense of community shaped by mutual esteem and a readiness to help.Benefits: Structured onboarding, flexible working arrangements, benefits superior to those of the collective agreement as well as fitness and wellness programmes are just some of what we can offer you.Perspective: Show us what you are capable of and seize the opportunity to actively shape your professional future.If you too would like the assurance of a different way of working, start your career with us. Hannover Re (Bermuda) Ltd. is an equal opportunity employer who embraces a culture that celebrates and promotes diversity and inclusion.

KPMG Advisory is looking for an Actuarial Manager with experience and proven track record in the Non-Life / P&amp;C (re)insurance industry, including, but not limited to, experience in managing a diverse portfolio of engagements and working with multi-disciplinary teams.This is a challenging position where you will scope and define appropriate analytical tests to achieve client objectives. You will be responsible for interpreting client generated analytical results and preparing client reports.Responsibilities<ul><li>Providing high quality actuarial advisory service to clients;</li><li>Building and maintaining strong relationships with new and existing clients;</li><li>Providing analytical support and technical guidance;</li><li>Participation in the completion and auditing of loss reserve studies for reinsurance companies domiciled on the island;</li><li>Participation in development of new business through marketing and sales activities;</li><li>Performance of loss reserve studies for captive insurers;</li><li>Participation in pricing, risk transfer and internal audit projects;</li><li>Conducting reinsurance pricing and special actuarial projects; and</li><li>Supporting the audit department on client projects as needed;</li></ul>Requirements<ul><li>A minimum of 5 years of Actuarial experience within the Non-Life / P&amp;C (re)insurance industry, or consulting experience as Manager within a Big 4;</li><li>A Bachelor’s degree in Actuarial Science or other suitable numerate discipline(mathematics, economics, science, etc.);</li><li>Strong P&amp;C reserving abilities and willingness to work in other areas of P&amp;C insurance;</li><li>Excellent technical and analytical skills;</li><li>Must be an accredited Associate Actuary from a recognized professional body i.e. have completed a minimum of 7 Casualty Actuarial Society (CAS) or a minimum of 12 of the Institute &amp; Faculty of Actuaries, UK (IFoA) exams (or from any other recognized, equivalent actuarial professional body);</li><li>The ability to effectively work on concurrent engagements;</li><li>Flexibility and an enjoyment of working on challenging projects, and interacting with teams;</li><li>Ability to work overtime as required by the business to meet tight deadlines;</li><li>A willingness and ability to travel at short notice if required; and</li><li>Must be a mature, self-motivated individual who is well organized, hard-working, enthusiastic and professional</li></ul>

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