Actuarial Analytics & Insights Manager (BMA/regulatory)

Pacific Asset Management, LLC; Hamilton; On-site; GBP 133,000 - 177,000; Full time

Benefits offered by this job

Health Insurance

Dental Insurance

Life and AD&D

Long Term Disability Insurance

Group Registered Pension Plan

Job summary

Pacific Life Re is seeking a Manager, Corporate Actuarial (FCIA) to lead Bermuda regulatory requirements for the Savings & Retirement business from Bermuda. You will oversee SBA applications, capital, solvency, and reporting, working with CA and DBS teams across multiple jurisdictions.

The role requires a strong actuarial background, at least 5 years in life insurance or reinsurance, and direct interaction with the Bermuda Monetary Authority on regulatory matters.

Qualifications

• Qualified actuary with minimum 5 years’ life insurance or life reinsurance experience.
• Knowledge of Bermuda Insurance Act, Economic Balance Sheet (EBS), BSCR, and SBA frameworks.
• Experience preparing regulatory submissions and reporting to the Bermuda Monetary Authority (BMA).

Responsibilities

• Oversee BMA requirements impacting the S&R line of business, including regulatory reporting, supervisory expectations, and emerging regulatory developments.
• Lead and coordinate the preparation, review, and submission of BMA applications, including SBA applications, and other regulatory approvals as required.
• Monitor and interpret changes to BMA rules, guidance, consultation papers, and industry developments, assessing impacts on the S&R business and driving implementation of necessary changes.
• Coordinate responses to BMA requests, regulatory inquiries, thematic reviews, and information requests, ensuring submissions are accurate, comprehensive, and delivered on schedule.
• Provide subject matter expertise on Bermuda regulatory requirements, including capital, solvency, reporting, governance, and risk management expectations applicable to the S&R business.
• Support the assessment and implementation of new products, reinsurance structures, longevity transactions, derivative strategies, and other initiatives from a Bermuda regulatory perspective.
• Prepare management updates and briefing materials for senior leadership on regulatory developments, key risks, approval requirements, and strategic implications for the business.
• Build relationships with stakeholders in S&R and wider DBS, keeping S&R Corporate Actuarial aware of relevant updates.
• Support non-BAU activities and other corporate actuarial projects, as required.
• Act as the S&R regulatory "eyes and ears" in Bermuda, proactively identifying regulatory trends, emerging issues, and industry developments that may impact business strategy, capital management, product design, or reporting requirements.
• Lead and mentor team members, fostering technical excellence, knowledge sharing, and a strong control environment within the reporting function.

Skills

Actuarial qualifications

Bermuda regulatory knowledge

Regulatory submissions

Communication skills

Leadership / mentoring

Education

FCIA designation

Job description

Pacific Life Re is seeking a Manager, Corporate Actuarial (FCIA) to lead Bermuda regulatory requirements for the Savings & Retirement business from Bermuda. You will oversee SBA applications, capital, solvency, and reporting, working with CA and DBS teams across multiple jurisdictions.

The role requires a strong actuarial background, at least 5 years in life insurance or reinsurance, and direct interaction with the Bermuda Monetary Authority on regulatory matters.