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Hanover is seeking a senior P&C reinsurance actuary responsible for reserving and financial analysis for a specialist Bermuda line. The role will manage one actuary and require hands-on delivery of analysis and reporting.
Applicants should be Fellows of a major actuarial body with experience in reinsurance reserving. Sponsorship for a work permit is available; a tax-free package including pension and discretionary bonus is offered.
Our client is a specialist firm operating at the intersection of reinsurance and capital markets.
They are looking for a senior P&C reinsurance actuary to take ownership for reserving and financial analysis for one of their specialist business lines in Bermuda. The role would manage one individual.
The ideal candidate will be a Fellow of a major actuarial body (SOA GI track, CAS, UK IFOA, SAI, Australian Institute etc) and have experience of reserving reinsurance P&C portfolios. This is a role where you will both manage as well as deliver through your own work, so we are looking for a hands-on actuary.
Given the limited supply of actuaries in Bermuda, the client is willing to sponsor a work permit for an overseas actuary. The ideal target markets will be actuaries working in a major (re) insurance jurisdiction, such as Canada, Ireland, UK, Switzerland etc.
The role comes with an attractive tax free package (Bermuda does not deduct income tax). The package includes pension (which can be taken as cash by non Bermudans) and a discretionary bonus.
If you meet the spec but are only an Associate, that might work. Please do not apply if you are a life, health or pensions actuary.