5-7 years of actuarial experience with strong technical skills.
Fellowship designation required for advanced actuarial practice.
Experience in model design and governance best practices.
Knowledge of asset-liability modeling techniques is a plus.
Familiarity with US life and annuity product features required.
Ability to manage multiple tasks and work collaboratively across teams.
Client service focus with proven analytical capabilities.
Responsibilities
Lead EBS valuation model development with the Bermuda Actuarial team.
Support and implement process improvements for reporting efficiency.
Assist in data workflows including ETL processes for accuracy.
Participate in cash flow model development and testing.
Collaborate with cross-functional teams to address production issues.
Prepare compliance documentation for regulatory standards.
Facilitate knowledge transfer of pricing assumptions for new deals.
Benefits
Discretionary performance-based bonuses.
Comprehensive employee health benefits.
Professional development opportunities.
Collaborative work environment.
Flexible work arrangements may be available.
Full Job Description
POSITION SUMMARY
This role provides actuarial support for Bermuda Economic Balance Sheet (EBS) valuation and leads key components of new reinsurance deal onboarding. Responsibilities include model development, data integration, financial reporting support, and coordination across actuarial, pricing, and technology teams. The position ensures accurate, efficient, and well-controlled actuarial processes that meet regulatory and organizational standards.
RESPONSIBILITIES
Bermuda EBS Modeling & Valuation Support
Lead the development, enhancement, and maintenance of actuarial models used for Bermuda EBS valuation, working in close partnership with the Bermuda Actuarial team.
Support assumption updates, model changes, and process improvements to strengthen reporting accuracy and efficiency.
Assist with data integration workflows, including ETL processes and validation routines, to ensure reliable data for valuation.
Participate in cash flow model development and valuation testing activities.
Help resolve issues arising during production cycles by collaborating with cross-functional partners.
Prepare documentation and testing materials to comply with internal governance and regulatory expectations.
Reinsurance Deal Onboarding
Partner with the pricing team to transfer knowledge, assumptions, and methodologies for new reinsurance transactions.
Ensure valuation model readiness by assisting with feature development and pricing-to-valuation model alignment.
Support interim financial reporting using pricing models until valuation model components are finalized.
Participate in data onboarding automation, including mapping, validation, and control processes to enable scalable new-deal integration.
Collaboration & Communication
Work closely with actuarial, pricing, data, reporting, and technology teams to support both ongoing valuation and new business initiatives.
Communicate technical findings, issues, and recommendations in a clear and structured manner.
Spearhead the communication of commercial updates to the actuarial and related functions through active partnership with the Commercial team.
Identify and scale solutions developed for Bermuda and Deal onboarding for other modeling needs.
QUALIFICATIONS
Strong technical actuarial and analytical skills and foundational actuarial modeling experience.
Embraces using new and emerging technology and experimentation
Specific technical skills preferred:
Model design, control and governance best practices
Asset-liability modeling techniques
Knowledge of US life and annuity products and their features (e.g. FA, FIA, VA, RILA, payout/SPIA, PRT, UL, VUL, IUL)
US GAAP, Bermuda EBS and US statutory valuation principles and methods
Ability to work collaboratively across functions and manage multiple priorities.
Familiarity with actuarial systems, valuation processes, and data workflows.
Demonstrates exceptional client service focus.
Actuarial fellowship designation required.
This is the expected annual base salary range for this Boston-based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.
Base Salary Range $170,000 - $180,000
"To be considered for this role, applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time."
