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Job Title Product Development Actuary
Our Reference J17498
Employment Term Permanent
Location Bermuda
Industry Insurance & Reinsurance
Discipline Actuary/Actuarial - Life
Summary of Duties
To the design and develop appropriate products for the International market, including but not limited to general account Life and Annuity direct and reinsurance products. This would include the analysis of regulations and markets, the construction of actuarial models, the presentation of results, the development of illustration and sales support literature, the support of regulatory filings and determination of various new business non-guaranteed elements. In addition, to support the development and implementation of reinsurance arrangements between F&G Re and carrier clients. This role will also serve as the primary contact for the hedging and investment teams.

The ideal candidate will have deep experience with life and annuity product modeling. This position will have direct client contact and senior management contact and they should therefore have good communication, presentation and negotiation skills.

Familiarity with Excel based calculations and standard Actuarial calculation systems is required. General programming experience is required, however, specific language skills are not required but helpful. A strong algebraic and mathematical basis is required. Business level mastery of Korean, Mandarin or Spanish is strongly desired.

The appropriate candidate would be very outgoing and self-directed. Building strong relationships with the client will be very important. They would need to be able to work with minimal supervision and be highly motivated to help the business succeed. The working location is required to be outside the US. The position would optimally be based in Bermuda and would require up to 50% travel to Latin America and Asia.

Completion of a Bachelor’s degree in Mathematics, Actuarial Science, or relevant business field is required. Candidates must have attained have obtained an ASA designation with at least 5 years of appropriate industry experience. Obtainment of FSA or near FSA is encouraged, however, not required.

To apply please send your résumé to bdajobs@expertise.bm.

All enquiries will be dealt with in strict confidence.

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