Senior Actuary - Valuation, ALM & GAAP Expert

Soteria Reinsurance Ltd.; Hamilton; Hybrid; GBP 133,000 - 207,000; Full time

Job summary

Soteria Reinsurance Ltd. within Fidelity Investments is seeking an Actuary based in Bermuda to lead end-to-end valuation activities, including US GAAP quarterly and year-end reporting.

The role requires 5+ years of life and annuity experience, FSA, familiarity with US product designs and MG-ALFA modeling, and strong knowledge of Bermuda solvency and US product designs. You will support investment, risk, and ALM functions and collaborate across teams to ensure accurate pricing model integration

Qualifications

• 5+ years of life and annuity insurance and/or reinsurance experience.
• Fellow of the Society of Actuaries (FSA).
• Familiar with US life and annuity product designs and features.
• Experienced MG-ALFA user with a comprehensive actuarial modeling skillset.
• Strong US GAAP and Bermuda solvency framework experience.
• Strong interpersonal skills with a collaborative style.
• Ability to effectively prioritise and manage workload with a sense of urgency.
• Ability to be a team player, assisting where needed across various corporate functions to achieve operational goals.

Responsibilities

• Support end-to-end EBS and US GAAP valuation process, including quarterly and year-end reporting
• Assist in the design, governance and documentation of the valuation process
• Provide additional actuarial support for the Company’s Investment, Risk, and ALM functions
• Support the Company’s multi-year financial planning process
• Provide support to the Approved Actuary and external auditors in meeting the reporting requirements
• Ensure an accurate transition and smooth integration of pricing models into the Company’s corporate model framework
• Other actuarial support as appropriate

Skills

Life & annuity experience

Fellow of the Society of Actuaries (FS

US GAAP experience

Interpersonal skills

Team collaboration

Prioritisation & workload management

Tools

MG-ALFA

Job description

Soteria Reinsurance Ltd. within Fidelity Investments is seeking an Actuary based in Bermuda to lead end-to-end valuation activities, including US GAAP quarterly and year-end reporting.

The role requires 5+ years of life and annuity experience, FSA, familiarity with US product designs and MG-ALFA modeling, and strong knowledge of Bermuda solvency and US product designs. You will support investment, risk, and ALM functions and collaborate across teams to ensure accurate pricing model integration