Actuary

• Support pricing and risk analysis for all PL Re reinsurance transactions.
• Maintain and update actuarial models, following defined change management procedures.
• Support quarterly valuation by calculating reserves, performing attributions and creating reports and analytics to explain results to management.
• Perform quarterly Scenario Based Analysis (SBA) and calculate other components required for economic balance sheet.
• Complete required actuarial components for quarterly and annual financial reporting submitted to the Bermuda Monetary Authority.
• Support analysis of life and annuity policyholder behavior to ensure best estimate assumptions reasonably represent the expected performance of the business across a range of scenarios
• Monitor emerging issues to ensure models are updated and valuation procedures, controls and analysis are in place to support new regulations.
• Perform modeling and analysis of PL Re liabilities and assets in support of strategic business plan, Economic Solvency Ratio, duration analysis.
• Work with Capital Planning and ALM teams to optimize SBA results and contribute to capital optimization strategies
• Respond to requests from external auditors, external Approved Actuaries, and the regulator.
• Develop and maintain strong partnerships with key stakeholders including accounting, FP&A, product, internal audit, external audit, and risk management
• Perform actuarial controls and create/maintain process documentation
• Other ad hoc projects and tasks as required.

Actuary

Validation Actuary