Head of Bermuda Risk Modeling
The Head of Bermuda Risk Modeling supports the Head of Asset Liability Management (ALM) Risk within Enterprise Risk Management, leading hands-on development of Bermuda Best Estimate Liability (BEL) and economic capital modeling capabilities. This role builds models from scratch to project annuity liability values and sensitivities across products and economic scenarios, assess Bermuda-related capital needs over near- and medium-term horizons, and inform capital planning, risk appetite, and strategic decisions.
The successful candidate has strong technical skills and the ability to translate complex analysis into clear, practical recommendations. This is a technical leadership role requiring direct ownership of model design, coding, testing, and implementation. This role serves as a recognized enterprise subject-matter expert on Bermuda liability and economic capital modeling, and its modeling conclusions and recommendations materially influence decisions across Risk and partner functions.
You are
· A hands-on actuary who enjoys turning complex business questions into working models and is comfortable writing and reviewing code directly.
· A technically rigorous problem solver who can work from a blank slate, select fit-for-purpose methodologies, and build scalable, transparent modeling solutions.
· A collaborative partner who works effectively across actuarial, risk, finance, and investment disciplines and can constructively challenge assumptions and methods.
· An accountable technical leader who balances analytical depth with practical delivery, explains uncertainty and tradeoffs clearly, and translates results into actionable recommendations.
· A credible influencer who earns the trust of senior stakeholders and builds alignment across functions.
You have
Required:
· 8+ years of relevant experience in life insurance or annuity actuarial modeling, liability valuation, economic capital, ALM, or a related discipline, with substantial hands-on model development experience.
· Demonstrated ability to program and build actuarial or risk models from scratch, including designing model architecture, implementing projection and calculation logic, integrating data, testing results, and delivering maintainable production-ready solutions.
· Proficiency in at least one general-purpose programming language, such as Python, C++, or R, and experience with data querying and manipulation, automated testing, debugging, documentation, and version control.
· A bachelor’s degree in actuarial science, mathematics, statistics, finance, or a related quantitative field is required.
Preferred:
· Experience with Bermuda BEL valuation methodologies and the Bermuda capital framework is preferred, along with the ability to translate applicable requirements into model specifications and controls.
· Knowledge of annuity products, cash-flow projection, liability valuation, policyholder behavior, asset-liability interactions, and stochastic modeling.
· Associate of the Society of Actuaries (ASA) designation or Fellow of the Society of...
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