Assistant Director, Long-term And Financial Risk Supervision (actuarial Services) Department

Deadline: 17 days

Permanent

Full-time

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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 postholder will be responsible for providing a range of actuarial services to support the Authority's supervision of regulated long-term insurers. This is a key role for the Authority and the postholder 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 team 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 Performing other related work and special projects as assigned by management in accordance with competencies normally associated with the post This position requires a proven technical and business background, therefore, the postholder should 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 Experience in the US market would be an advantage Excellent written, presentation and interpersonal skills with proven ability to communicate effectively with senior executives The Bermuda Monetary Authority is the integrated regulator of Bermuda's financial services sector. 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

Applications for this position must be received no later than 23 February 2026.

Contact InfoBermuda Monetary Authority

BMA House | 43 Victoria Street, Hamilton HM 12

careers@bma.bm

(441) 295 5278

Application Deadline

Feb 22, 2026

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