Bermuda Monetary Authority is hiring a

Assistant Director, Long-Term and Financial Risk Supervision (Actuarial Services) Department

Deadline: 1 week

Job Type: Permanent

The Bermuda Monetary Authority (Authority or BMA) is seeking the services of a qualified and experienced individual to perform the duties and responsibilities of Assistant Director, Long-Term and Financial Risk within our Supervision (Actuarial Services) Department. Reporting to the Deputy Director, the post-holder will be responsible for providing a range of actuarial services to support the Authority's supervision of regulated long-term insurers. The post-holder will be responsible for but not limited to: Supporting the Authority's supervision of regulated long-term insurers focusing on underwriting, reserving, risk aggregating processes and assessment of capital requirements Supporting the Department in the development and application of statistical and financial analytics Developing industry benchmarks for methodologies and assumptions used to research and develop best practices for regulatory analytics Supporting the Department with on-site inspections, particularly as it relates to establishing the appropriateness of insurer reserving practices and compliance with applicable legislation, codes and guidance Supporting the Licensing and Authorisations Department in relation to insurer applications and authorisation requests Representing the Authority at various local and international meetings, conferences and seminars involving meetings and information exchanges with regulatory bodies, government agencies and the financial services industry to maintain and develop key relationships whilst keeping abreast of industry trends This position requires a proven technical and business background. Therefore, the post-holder must have: A master's degree or equivalent qualification in actuarial science, mathematics, statistics, finance or related quantitative field. FSA, FIA, FCIA, or similar professional credentials are preferred A minimum of ten (10) years of relevant long-term insurance experience, of which at least five (5) years should be at a senior level in the financial services industry Knowledge of and experience with insurance and reinsurance actuarial issues, including pricing, reserving, capital modelling, financial reporting and risk management, pertaining to long-term business Excellent written, presentation and interpersonal skills with proven ability to communicate effectively with senior executives The Bermuda Monetary Authority is the integrated regulator of the financial services sector in Bermuda. We offer the opportunity for broad exposure to international regulatory issues, special projects and a variety of work experiences.

Salary

Not specified

Benefits

Not specified

How to Apply

submit your application online via our 'Careers at BMA' page at www.bma.bm

Berm

Contact InfoBermuda Monetary AuthorityNo contact information available

Application DeadlineJul 14, 2025

Related Jobs

Assistant Director, Long-Term and Financial Risk Supervision (Actuarial Services) Department

Salary

Benefits

How to Apply

Related Jobs

Financial Controller

Bermuda Housing Corporation

Pricing Actuary

Cedar Trace Advisers Limited

Financial Controller

Bermuda Housing Corporation

Bermuda Finance, Senior Analyst

Global Atlantic Financial Group

VP, Underwriter

RenaissanceRe

Financial Controller

Aspida Re Services

Senior Consultant (s) and Consultant(s)

Acumen Management Ltd.

Investment-Related Opportunity

Clarence George

Reserving Bonanza

Star Actuarial Futures

International Capital Management Actuary

Star Actuarial Futures

Assistant Controller

Nephila

Financial Controller

Scooter Mart

High-Net-Worth Client Relationship Manager

Butterfield

Credit Support Services Associate

Butterfield

Senior IT Support Administrator

CG INSURANCE

Senior Vice President of New Transactions Finance Integration

Expertise

Assistant Director - Cyber Risk

Bermuda Monetary Authority

Senior Accountant

Rawlinson & Hunter

AVP, Senior Underwriter

AXA XL

Financial Controller

INTEGRAL / ILS

Browse Bermuda Jobs by Category

Got Questions About Jobs in Bermuda?

Key Articles

Bermuda Work Permit Job Categories Explained

Surprising Facts & Need-to-Knows About the Bermuda Work Permit System

Understanding Bermuda Work Permit Types: What Every Job Seeker Needs to Know

Stay in the loop on new Bermuda job openings