Lead Valuation Actuaries

Deadline: 7 days

Permanent

Full-time

⚠️ HOW TO APPLY - PLEASE READ: Follow the instructions found within this job listing:

➤ The "Apply Now" Button: If visible, this link may redirect you to an external website (not BermudaJobFinder) which may require you to create an account.

➤ Direct Application: If the job listing asks you to apply directly but the contact info is missing, please search for the hiring company online to find their details.

BermudaJobFinder is a job board and does not recruit, place candidates or accept applications. Please do not reply to email alerts with your resume.

Somerset Services Ltd. is looking for 2 Lead Valuation Actuaries to join our team. The role involves managing and executing the company's quarterly actuarial valuation and reporting processes on IFRS 17, EBS SBA, and collateral bases. Responsibilities include modeling and analysis using MG ALFA, governance, risk, and strategy support, and collaborating with senior management and stakeholders.

Requirements

University degree in Actuarial Science, Mathematics, Finance, or a related discipline. Qualified Actuary (FSA or equivalent). 8+ years of life (re)insurance experience required. Technical knowledge of actuarial valuation principles (IFRS 17, EBS SBA). Proficiency in Microsoft Excel and MG ALFA software.

How to Apply

Candidates should apply via email with a detailed curriculum vitae and references to hr@somersetre.com

❌ Don't apply with a weak resume

Make yours stand out →

Contact InfoSomerset Reinsurance

Human Resources Department

3 Bermudiana Road, Hamilton, HM08

hr@somersetre.com

441-278-0770

Application Deadline

Oct 15, 2026

How to Move to Bermuda Guide, Checklist & Budget Planner

Landing the job is just the first step

Get the 2026 Bermuda relocation guide to navigate work permit timelines, housing requirements and shipping logistics with ease.

✓ Updated for 2026✓ 50+ Page PDF✓ Free Lifetime Updates

Don't miss a new job.

Subscribe to get notified as soon as new jobs are posted, plus receive helpful tips for job hunting and employment in Bermuda.

Related Jobs

Explore more actuarial, finance and insurance jobs in Bermuda.

KPMG

NEW

Senior Manager

Lead Valuation Actuaries

Requirements

How to Apply

Landing the job is just the first step

Don't miss a new job.

Related Jobs

Senior Manager

KPMG

Manager / Senior Manager / Associate Director - Advisory

KPMG

Audit Senior, Assistant Manager, Manager And Associate Director

Grant Thornton (Bermuda) Limited

Avp, Property Treaty Underwriter

Ascot Underwriting (Bermuda) Limited

Lending Assistant, Private Banking

The Bank of NT Butterfield & Son Limited

Senior / Assistant Manager / Manager / Senior Manager

KPMG

Accounting Manager (1-year Fixed Term Contract)

Pelagos Insurance Capital Limited

Manager Actuarial

Brookfield Wealth Solutions Group

Associate Relationship Manager

Clarien Bank Limited

Capital Control Accountant

FIL Limited

Senior Manager

KPMG

Property & Energy Claims Manager

Ironshore Inc

Enterprise Risk Manager

Nautilus Indemnity Limited

Underwriting Technician

Sompo

Senior Associate - Commercial Litigation

Kennedys Chudleigh Ltd

Senior Associate, Risk

BNRE Bermuda Services Ltd.

Senior Analytics Actuary

Arch Reinsurance Ltd.

Vice President, Investments External Asset Manager Oversight

Ascot Underwriting (Bermuda) Limited

Senior Portfolio Analyst

Arch Reinsurance Ltd.

Executive Assistant & Operations Administrator

CPA Bermuda

Browse Bermuda Jobs by Category

Looking to land a job in Bermuda?

Essential Guides for Bermuda Job Seekers

Bermuda Work Permit Job Categories Explained

Salary Guide: Median Income by Industry in Bermuda

Understanding Bermuda Work Permit Types

New jobs delivered to your inbox every weekday.

Avoid a $1,000 relocation mistake

Jobs

Move to Bermuda

Resources

For Employers