
The Bermuda Monetary Authority is seeking the services of a skilled and capable individual to work as a Senior Officer - Actuary in our Supervision (Insurance, Funds and Corporate Authorisations) Department. Reporting to the Assistant Director, the Senior Officer - Actuary will be responsible for regulatory supervision activities, including monitoring and critically assessing insurers' performance with informed insight, analysing regulatory reporting and undertaking appropriate supervisory actions in accordance with legislation and/or strategic business goals. Key responsibilities include undertaking reviews of prudential and financial filings, assisting in technical reviews on reserves and models, developing plans and executing on-site reviews, and conducting thought leadership research on technical life (re) insurance and other actuarial topics.
A professional actuarial designation from a recognised institution (e.g., FSA, FIA, FFA, FCIA or CERA). A minimum of seven (7) years relevant work experience, with at least three (3) years at a senior level in a regulated financial services sector. Good rating agency, enterprise risk management and/or life insurance knowledge. In-depth understanding of the Bermuda regulatory framework or Solvency II. Familiarity with modelling tools such as Excel, R, Matlab, Python and other actuarial software. Willingness to work outside normal business hours as required.
Submit your application online via our 'Careers at BMA' page on www.bma.bm/vacancies.
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