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 financial sector while enhancing 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 in Hamilton 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 reinsurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Associate III in Hamilton
✨Tip Number 1
Network like a pro! Reach out to professionals in the actuarial field on LinkedIn or at industry events. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by practising common actuarial questions and scenarios. We recommend doing mock interviews with friends or using online platforms to boost your confidence.
✨Tip Number 3
Showcase your skills! Bring along examples of your work, like pricing models or analyses you've done. This will help you stand out and demonstrate your expertise.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Actuarial Associate III in Hamilton
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, relevant experience, and any specific projects that showcase your expertise in pricing models and risk analysis.
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 how they can enhance workflows.
Showcase Your Analytical Skills:In your application, emphasise your analytical abilities and experience with actuarial projection and valuation software. We want to see how you approach problem-solving and decision-making, especially in relation to reinsurance transactions.
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of getting noticed. It’s straightforward, and you’ll find all the details you need to complete your application smoothly. Let’s get started on this journey together!
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 technical skills will set you apart.
✨Communicate Clearly
You'll need to present pricing results to management, so practice articulating your thoughts clearly and concisely. Consider preparing a brief presentation on a past project to demonstrate your ability to communicate complex information effectively.
✨Understand the Company Culture
Athene values drive and commitment. Research their mission and values, and think about how your personal goals align with theirs. Showing that you're not just a fit for the role but also for the company culture can make a big difference.
