Actuarial Associate III
Actuarial Associate III

Actuarial Associate III

Full-Time 60000 - 80000 £ / year (est.) No home office possible
Athene

At a Glance

  • Tasks: Develop pricing models and analyse profitability for reinsurance transactions.
  • Company: Join Athene, a dynamic and inclusive company focused on innovation.
  • Benefits: Competitive salary, supportive work culture, and opportunities for professional growth.
  • Other info: Military-friendly employer committed to diversity and inclusion.
  • Why this job: Make an impact in the reinsurance industry while developing your actuarial skills.
  • Qualifications: Bachelor’s degree in mathematics and 5+ years of actuarial experience required.

The predicted salary is between 60000 - 80000 £ per year.

locations: Hamilton, Bermuda

time type: Full time

posted on: Posted Yesterday

job requisition id: R254550

We are driven to do more. More for our customers and the financial professionals who offer our products. If you are driven to do more and love the challenge of pursuing more, Athene is your kind of company. You will find we offer more than the basics to create an inclusive and dynamic work environment at our various locations.

Purpose:

The Reinsurance Pricing team oversees all technical aspects of reinsurance transactions – across both new business pricing/underwriting/execution and in-force management. This role is responsible for supporting the pricing, underwriting and structuring for potential asset intensive reinsurance transactions across new business pricing and in force transaction management. This role will also be responsible for ongoing model development and pricing framework enhancement.

Accountabilities:
  • Develop pricing models for potential flow reinsurance transactions
  • Produce analyses of the profitability and risk profile of deals and recommending appropriate solutions
  • Support the onboarding of business into management and financial reporting areas
  • Develop, maintain, and enhance pricing tools and models
  • Check and review work produced within the team
  • Present and communicate pricing results to management
Qualifications and Experience:
  • Bachelor’s degree in mathematics or any quantitative field and Associate qualification of a widely recognized actuarial body (actively pursuing FSA or FIA actuarial qualification)
  • 5+ years’ actuarial experience including exposure to long term (re)insurance products
  • Experience with fixed rate and indexed annuities strongly preferred
  • Experience with actuarial projection and valuation software
  • Experience leveraging AI tools (e.g., generative AI platforms, automation tools, or data-driven systems) to improve workflows, and decision-making
  • Ability to interact with internal senior management and client company management
  • Experienced user of Microsoft Excel and Microsoft PowerPoint
  • Excellent oral and written English language skills

Drive. Discipline. Confidence. Focus. Commitment.

Athene is a Military Friendly Employer! Athene is committed to inclusion and is proud to be an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, marital status, sexual orientation, veteran status or any other status protected by federal, state or local law.

Actuarial Associate III employer: Athene

Athene is an exceptional employer that fosters a dynamic and inclusive work environment in Hamilton, Bermuda. With a strong commitment to employee growth, we offer comprehensive support for professional development, including opportunities to pursue actuarial qualifications and engage with innovative tools like AI to enhance workflows. Our culture prioritises collaboration and excellence, making it an ideal place for driven individuals seeking meaningful and rewarding careers in the actuarial field.
Athene

Contact Detail:

Athene Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Actuarial Associate III

✨Tip Number 1

Network like a pro! Reach out to your connections in the actuarial field and let them know you're on the hunt for an Actuarial Associate III role. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by brushing up on your technical skills and understanding the latest trends in reinsurance pricing. We recommend practising common actuarial interview questions and even doing mock interviews with friends or mentors to boost your confidence.

✨Tip Number 3

Showcase your experience with AI tools and actuarial software during interviews. Highlight how you've used these technologies to improve workflows and decision-making, as this is a key aspect of the role we're looking to fill.

✨Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining our dynamic team at Athene.

We think you need these skills to ace Actuarial Associate III

Pricing Model Development
Analytical Skills
Risk Analysis
Actuarial Software Proficiency
AI Tools Utilisation
Microsoft Excel
Microsoft PowerPoint
Communication Skills
Team Collaboration
Quantitative Analysis
Problem-Solving Skills
Attention to Detail
Actuarial Qualifications

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Actuarial Associate III role. Highlight your actuarial qualifications, especially any experience with pricing models and reinsurance transactions.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our mission at Athene. Don’t forget to mention your experience with AI tools and actuarial software!

Showcase Your Analytical Skills: In your application, emphasise your analytical abilities and any relevant projects you've worked on. We love seeing how you’ve tackled complex problems, especially in the context of profitability and risk analysis.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!

How to prepare for a job interview at Athene

✨Know Your Numbers

As an Actuarial Associate III, you'll be dealing with complex pricing models and analyses. Brush up on your mathematical skills and be ready to discuss specific examples of how you've developed or enhanced pricing models in the past.

✨Showcase Your Software Savvy

Familiarity with actuarial projection and valuation software is key. Be prepared to talk about your experience with these tools, especially any AI platforms you've used to streamline workflows. Highlighting your proficiency in Microsoft Excel and PowerPoint will also give you an edge.

✨Communicate Clearly

You'll need to present pricing results to management, so practice articulating complex concepts in a straightforward manner. Consider doing mock presentations to friends or family to refine your delivery and ensure you're comfortable discussing technical details.

✨Understand the Company Culture

Athene values drive, discipline, and commitment. Research their company culture and think about how your personal values align with theirs. Be ready to share examples from your career that demonstrate these qualities, showing that you're not just a fit for the role, but for the company as well.

Actuarial Associate III
Athene

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