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Jobs in Bermuda
Prismic Life Reinsurance Ltd. is hiring an

Actuaries

Deadline: 6 days
Job Type: Permanent
Our client, Prismic Life Reinsurance Ltd. is hiring full-time actuaries to join the fast-growing Bermuda operation. Prismic is a global reinsurance platform, established in September 2023 as a private Equity-backed start-up. Our company's expertise and operational scalability allow us to provide risk and balance sheet management solutions to clients while offering investors the opportunity to participate in reinsurance as an investment. Prismic is building a core leadership group of seasoned experts with a track record of success and an ownership mindset to deliver on shared ambitions. This is a unique opportunity to join an entrepreneurial start-up that has the benefit of strong sponsorship, enabling it to scale. Our team of professionals brings commercial depth and technical expertise across various fields, including Reinsurance, Investments, Finance, Asset - Liability Management, Actuarial, Transactions, Law, Controllership, Operations and Risk. Selected actuaries will be responsible for supporting Prismic's growth by supporting areas such as actuarial modeling, projection, and valuation. Key Responsibilities • Perform actuarial modeling, projection, and valuation under multiple bases, including EBS, US GAAP, Embedded Value, and US Tax • Perform experience review, monitoring, and assumption update • Partner with Investment team and asset management team on a strategic asset allocation and ALM to maintain a stable balance sheet with strong bottom-line growth and capital position • Partner with Finance team on financial reporting, results analysis, deal profit measurement and forecasting, as well as investor reporting • Produce risk measurement report and analytics for regulatory filing and internal management risk monitoring • Support the company's engagement with regulatory bodies, including SBA application, asset and derivatives approval, and prudential review. The engagement could expand to the jurisdictions as needed • Collaborate with Pricing/Deal team in new business onboarding and fund raising in support of top-line growth • Participate in operating model transformation to build a more streamlined, better controlled, and more efficient end-to-end financial operating process including data, modeling, valuation, financial reporting, and analysis • Collaborate with external business partners and vendors to deliver high quality results on a timely fashion, while building institutional knowledge • Support business and commercial undertaking, such as rating agency engagement, capital call and distribution

Requirements

Required, Skills & Qualifications • Fellow or near Fellow of the DOA, IFOA, FCIA, with 3+ years of actuarial professional experience • Working knowledge and experience with actuarial modeling software, such as pALM, MG ALFA, and Axis highly desirable, • Working experience with Python, Power BI, and MS Office is a plus • Ability to prioritize, plan, and execute across multiple work efforts simultaneously • Aspire to thrive in a fast paced and dynamic professional environment, with project management and relationship management skills • Strong verbal & written communication skills, particularly in explaining technical challenges & writing documentation, • Bachelor's degree in actuarial science, Mathematics, data science or a related field

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.
Prismic Life Reinsurance Ltd.
8 Par-la-Ville Road, Mintflower Place, 2nd Floor, Hamilton, HM08
jobs@expertisegroup.com
441-296-0336
Website
Oct 21, 2025

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