Director Bermuda Risk Management

Athene; Hamilton; On-site; GBP 90,000 - 120,000; Full time

Job summary

Athene is seeking a Director of Bermuda Risk Management in Hamilton, Scotland. This role will shape risk governance and engage with senior stakeholders across various departments. Candidates should have a strong actuarial background, with responsibilities including enhancing the Bermuda Risk framework and leading cross-functional teams.

The ideal candidate will possess a Bachelor’s degree in a quantitative field, extensive experience in the life insurance sector, and excellent communication skills.

Qualifications

• 7+ years’ experience in the life insurance industry, ideally in annuities.
• Strong attention to detail and ability to manage multiple projects.
• Proven independent judgment and initiative.

Responsibilities

• Develop Bermuda Risk framework and ensure model integrity.
• Provide leadership and guidance to cross-functional contributors.
• Influence decision-making across various business functions.

Skills

Risk governance

Quantitative analysis

Effective communication

Project management

Education

Bachelor’s degree in mathematics or any quantitative field

Fellowship with a recognized actuarial body (FSA or FIA preferred)

Tools

MS Office

Programming language

Job description

## Director Bermuda Risk ManagementApplylocations: Hamilton, Bermudatime type: Full timeposted on: Posted 2 Days Agojob requisition id: R254789We are driven to do more. More for our customers and the financial professionals who offer our products. If you are driven to do more and love the challenge of pursuing more, Athene is your kind of company. You will find we offer more than the basics to create an inclusive and dynamic work environment at our various locations.**Purpose:**Reporting to the VP & Deputy Chief Risk Officer, Bermuda, this role offers the opportunity to shape risk governance in a dynamic, growing business. Working directly with the Chief Risk Officer and engaging regularly with the Board and senior stakeholders across Risk, Finance, Actuarial, Legal, Investments, and Product, the successful candidate will operate as an independent risk voice—translating complex actuarial, capital, liquidity, and investment considerations into decision-useful insight and influencing strategic and tactical decisions across the business.**Accountabilities:**· Develop and continuously enhance the Bermuda Risk framework, including the Commercial Insurer’s Solvency Self-Assessment (CISSA), Scenario-Based Approach (SBA) governance, Economic Balance Sheet (EBS) risk considerations. Provide senior-level oversight to ensure model integrity, accuracy, transparency, and compliance with relevant regulatory requirements and internal standards.· Collaborate with cross-functional leaders to evaluate and critique assumptions, methodologies and modeling approaches across ALM, valuation, pricing, capital and stress testing· Develop and deliver meeting materials for the SBA Committee, Board of Directors, senior executives, executive committees, and regulatory bodies as required.· Carry out risk assessments for new reinsurance transactions and material business initiatives against risk appetite, capital requirements, and regulatory standards and provide risk recommendations.· Serve as a subject matter expert and strategic advisor on Bermuda regulatory frameworks, internal risk policies, model governance, and capital implications, including matters requiring Bermuda Monetary Authority (BMA) engagement or Board-level oversight.· Operate as a key independent voice within the risk function, influencing strategic and tactical decision-making across actuarial, capital, product, investment, liquidity, derivatives, legal, compliance, and business disciplines.· Provide leadership and direction to cross-functional contributors and, lead, develop and guide team members as required—fostering accountability, clear ownership, strong judgment, and a proactive Bermuda risk culture.**Qualifications and Experience:**· Bachelor’s degree in mathematics or any quantitative field· A Fellow of a widely recognized actuarial body with FSA or FIA preferred· 7+ years’ experience working in the life insurance industry, preferably in annuities· Proficient in the MS Office suite and at least one programming language· Strong attention to detail and ability to prioritize and manage several projects· Proven ability to exercise independent judgment and drive initiatives to completion with little direction· Comfortable operating in a flat, fast-paced organization and engaging credibly with senior management, executive committees, and regulators· Ability to see the big picture, understand broad corporate impacts, and focus on company objectives.· Excellent oral and written communication skillsDrive. Discipline. Confidence. Focus. Commitment. Learn more about working at Athene.Athene is a Military Friendly Employer! Learn more about how we support our Veterans.Athene is committed to inclusion and is proud to be an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, marital status, sexual orientation, veteran status or any other status protected by federal, state or local law.