VP Pricing Actuary - Bermuda Reinsurance

Reinsurance Group Of America, Incorporated; Hamilton; Hybrid; GBP 134,000 - 193,000; Full time

Job summary

Reinsurance Group of America, Incorporated seeks a Senior Vice President of Pricing to support underwriting and acceptance of Bermuda-domiciled reinsurance business. You will evaluate internal and external transactions, focusing on pricing, capital and regulatory considerations, partnering with internal stakeholders across the organization.

You will lead pricing governance, develop guidelines, and coordinate regulatory prior-approval submissions, while ensuring compliance with internal standards

Qualifications

• Bachelor’s degree required.
• 10 years of relevant actuarial experience in life reinsurance in pricing, business development, valuation, capital or risk roles.
• Bermuda/insurance industry knowledge.
• Fellow of a relevant actuarial professional body (IFoA, SOA).
• Advanced oral and written communication skills.
• Ability to identify process improvements and capability gaps.
• Ability to adapt to changing circumstances.
• Ability to balance priorities and deadlines with department goals.
• Ability to collaborate across many disciplines.
• Ability to translate business needs into implementable specifications for solutions.

Responsibilities

• Support the Chief Pricing Officer in evaluating internal and external reinsurance, retrocession, and related transactions, including pricing returns and allocation of profits and risks.
• Assess the entity’s ability to fulfill obligations under transaction agreements across capital, collateral, liquidity and risk considerations.
• Evaluate proposed transactions to confirm regulatory authority and adherence to internal underwriting and pricing standards.
• Prepare and coordinate regulatory submissions with Bermuda Monetary Authority.
• Coordinate with multiple functions on complex transactions.
• Ensure Bermuda entity representation on transaction teams.
• Develop and maintain Bermuda pricing guidelines in collaboration with Enterprise Pricing and Risk.
• Support underwriting standards through committee materials and governance.
• Monitor performance against pricing/underwriting expectations and advise on actions.
• Oversee administration of transactions not handled by regional offices.
• Maintain understanding of products, risks, accounting methodologies, and capital calculations.
• Contribute to governance and management objectives for Bermuda entities.
• Review regulatory changes and assess impact on pricing and governance.
• Provide expertise for business development, projects, and strategic initiatives.
• Coordinate regulator, client, auditor requests.
• Mentor and develop direct reports where applicable.

Skills

Leadership

Pricing expertise

Regulatory liaison

Cross-functional collaboration

Actuarial knowledge

Education

Bachelor’s Degree

Fellow of IFoA/SOA

Tools

EBS

BSCR

SBA experience

Job description

Reinsurance Group of America, Incorporated seeks a Senior Vice President of Pricing to support underwriting and acceptance of Bermuda-domiciled reinsurance business. You will evaluate internal and external transactions, focusing on pricing, capital and regulatory considerations, partnering with internal stakeholders across the organization.

You will lead pricing governance, develop guidelines, and coordinate regulatory prior-approval submissions, while ensuring compliance with internal standards