Pramerica Services Company Bermuda, LTD. is hiring an

Associate Actuary

Deadline: 8 days

Permanent

Full-time

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Pramerica Services Company Bermuda, LTD., a wholly owned subsidiary of Prudential Financial Group ("PFI", fortune 500 Company), is seeking a skilled and highly motivated individual to fill a newly created Associate Actuary position. The associate actuary will be a key contributor in the regular rate-setting processes for flow business coming into the affiliate insurance companies, Gibraltar Re and Lotus Re. Lotus Reinsurance Company Ltd. ("LotusRe") is a wholly-owned subsidiary of PFI, established to expand PFI's presence in Bermuda and assume risk from PFI's US businesses. Gibraltar Reinsurance Company Ltd ("GibRe") is a sister company focused on the risk from PFI's Japan business. Both companies are committed to delivering improved economic outcomes for certain products and liabilities, guided by our principles of stakeholder focus and dedication to policyholder outcomes. What you can expect: • Support decision-making on new transaction opportunities by helping build the pricing capabilities and using that to carry out baseline and sensitivity analysis to determine appropriate transaction structures and prices. • Collaborate and engage with key stakeholders to ensure appropriate development and application of reserve / capital methodologies, investment and ALM choices, and other assumptions. • Help create and improve the ability to track actual to expected impacts for new transactions and inforce blocks. Enhance actuarial pricing processes to improve efficiency and productivity while following actuarial models' validation, maintenance and risk management requirements. • Support corporate model governance process, including model registration and affirmations. • Contribute to the creation, documentation, and registration of assumptions in collaboration with the assumptions team, along with attributing the impact of any assumption updates. What you'll need: • Bachelor's Degree. • 4+ years of related work experience. • Associate of the Society of Actuaries (ASA) or similar. • Working knowledge and analysis of financial statements (Income Statements, Balance Sheet) and experience with international accounting frameworks and/or reinsurance. • Demonstrate ability to understand and apply technical aspects of external regulatory, capital and solvency requirements. Demonstrate ability to perform technical actuarial calculations, analyze and synthesize the results and communicate to others effectively. • Self-motivated and independent with strong analytical, critical thinking, and problem-solving skills; comfortable dealing with both complexity and ambiguity, and able to explore multiple solutions to problems and challenges. It would be a plus if you had: • Experience with ALM. • Familiarity of Bermuda EBS reserve and capital framework.

Requirements

Bachelor's Degree. • 4+ years of related work experience. • Associate of the Society of Actuaries (ASA) or similar. • Working knowledge and analysis of financial statements (Income Statements, Balance Sheet) and experience with international accounting frameworks and/or reinsurance. • Demonstrate ability to understand and apply technical aspects of external regulatory, capital and solvency requirements. Demonstrate ability to perform technical actuarial calculations, analyze and synthesize the results and communicate to others effectively. • Self-motivated and independent with strong analytical, critical thinking, and problem-solving skills; comfortable dealing with both complexity and ambiguity, and able to explore multiple solutions to problems and challenges.

Salary

Not specified

Benefits

Not specified

How to Apply

To apply please send your résumé to jobs@expertisegroup.com. All applications are handled in a confidential manner and in accordance with Expertise's Privacy Policy, available on our website.

Contact InfoPramerica Services Company Bermuda, LTD.

8 Par-la-Ville Road, Mintflower Place, 2nd Floor, Hamilton, HM08

jobs@expertisegroup.com

441-296-0336

Website

Application Deadline

Jan 22, 2026

Jobs With This Employer

Associate Actuary

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