Senior Actuary & Regulatory Supervision Lead

Bermuda Monetary Authority; Hamilton; Hybrid; GBP 111,000 - 141,000; Full time

Job summary

The Bermuda Monetary Authority is seeking a Principal - Actuary to lead a team in the Supervision (Insurance, Funds and Corporate Authorisations) Department.

Reporting to an Assistant Director - Actuary, the Principal - Actuary will be responsible for managing a team of professionals responsible for regulatory supervision activities, including monitoring and critically assessing insurers’ performance with informed insight, analysing regulatory reporting and undertaking appropriate supervisory

Qualifications

• Professional actuarial designation from a recognised body.
• Minimum seven (7) years relevant work experience, with at least three (3) years at a senior level.
• Experience in life (re)insurance or as a regulator is preferred.

Responsibilities

• Undertaking reviews of prudential and financial filings by insurers to evaluate compliance.
• Assisting in technical reviews on reserves and models and processing applications.
• Developing plans for on-site reviews and supervisory meetings.

Skills

Actuarial designation

Regulatory supervision

Life (re)insurance knowledge

Excel

R

Python

Matlab

Leadership

Education

FSA/FIA/FFA/FCIA/CERA

Tools

Excel

R

Python

Matlab

Job description

The Bermuda Monetary Authority is seeking a Principal - Actuary to lead a team in the Supervision (Insurance, Funds and Corporate Authorisations) Department.

Reporting to an Assistant Director - Actuary, the Principal - Actuary will be responsible for managing a team of professionals responsible for regulatory supervision activities, including monitoring and critically assessing insurers’ performance with informed insight, analysing regulatory reporting and undertaking appropriate supervisory