Director, Pricing
Are you ready to take the next step in your career while making the sunny island of Bermuda your home? I'm partnering with the largest reinsurance company in Bermuda, a market leader that's rapidly expanding and eager to grow even further. If you're looking for a unique opportunity to make an impact at one of the most respected firms in the industry, this could be the perfect role for you!
Position: Director of Pricing
As the Director of Pricing, you'll play a pivotal role in shaping the future of reinsurance transactions, focusing on developing and reviewing pricing strategies, managing flow transactions, and working closely with the Chief Actuary. This position offers unmatched visibility within the company and the chance to take ownership of high-impact projects.
You'll be the driving force behind the pricing models and strategies that will influence the company's long-term growth. With a team of top-tier actuaries and leadership that supports innovation and development, this is the ideal environment for someone eager to take their career to the next level.
What You'll Do:
Lead all key phases of the flow transaction process, from target identification to product design, pricing, contract drafting, closing, and rate-setting.
Supervise or create pricing models and perform due diligence to set assumptions, identify risks, and mitigate exposures.
Prepare key internal deal documents and pricing materials for the management approval process.
Collaborate with business units and lead the development of internal controls and policies to enhance transaction review quality.
Mentor and manage less experienced staff while performing peer reviews of work in the flow pricing department.
Stay ahead of industry trends, actuarial regulations, and capital market activities that could impact deal valuation.
What We're Looking For:
Bachelor's degree in Mathematics, Finance, or a related field and FSA or FIA actuarial designation.
7+ years of experience in the life insurance or reinsurance industry (or investment banking with significant financial services experience).
Expertise in asset-intensive insurance pricing, capital modeling, and knowledge of international solvency frameworks like Solvency II or ICS.
Strong attention to detail, excellent project management skills, and demonstrated leadership abilities.
Experience with actuarial systems (MG ALFA, Polysystems, GGY AXIS) and programming skills in SAS, VBA, R, or Python.
Advanced proficiency in Microsoft Excel and the ability to manage large projects with a high level of organization and flexibility.
Why Bermuda?
Not only will you be joining the largest reinsurance firm in Bermuda, but you'll also experience life in one of the most beautiful and welcoming islands in the world. With stunning views, year-round sunshine, and a vibrant business community, Bermuda is the perfect place to grow your career and enjoy an exceptional quality of life.
Please only apply if you meet the qualifications.
FAQs
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