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- Tasks: Drive innovation in reinsurance strategy and collaborate on high-impact projects.
- Company: Equitable, a leader in securing financial well-being since 1859.
- Benefits: Competitive salary, performance bonuses, comprehensive health benefits, and paid time off.
- Why this job: Make a real impact while working in a dynamic and inclusive environment.
- Qualifications: Bachelor’s degree in relevant fields and ASA or FSA designation required.
- Other info: Join us in Bermuda for a unique opportunity with excellent career growth.
The predicted salary is between 70000 - 112000 ÂŁ per year.
At Equitable, we help clients secure their financial well‑being so they can pursue long and fulfilling lives – a mission we’ve honed since 1859. The Strategic Initiatives Consultant will be a key member of our newly formed Strategic Initiatives team. This role offers a unique opportunity to influence high‑impact projects and drive innovation in reinsurance strategy. You will collaborate across actuarial, finance, and operational teams to deliver solutions that shape the future of our business. This role is based in Bermuda. Preference will be given to candidates who have current Bermuda work authorization.
Key Responsibilities
- Coordinate cross‑functional teams—including model development, finance, and legal—to successfully close reinsurance transactions.
- Analyze, price, and implement new flow and reinsurance transactions in partnership with Stat/Bermuda Valuation and Finance teams.
- Review Bermuda EBS valuation and stress testing results for in‑force variable annuity businesses.
- Support assumption reviews, valuation methodology research (Stat/GAAP), and stress testing initiatives.
- Provide guidance on methodology, governance, and modeling for transaction implementation.
- Collaborate with teams on model development and assumption setting for new product development and reinsurance activities.
- Other responsibilities as assigned.
Qualifications
- Bachelor’s degree in Mathematics, Statistics, Economics, or Actuarial Science.
- ASA or FSA designation.
- Familiarity with reinsurance accounting or capital management.
- Preferred: Knowledge of AXIS, Variable Annuities, and IFRS / US GAAP / US Stat / MCEV frameworks.
Skills
- Accuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high precision.
- Effective Communications: Ability to effectively transmit, receive, and accurately interpret ideas and information.
- Managing Multiple Priorities: Ability to manage multiple concurrent objectives, projects, or activities, making effective judgment on prioritizing and time allocation.
- Statistics and Actuarial Modeling: Knowledge of statistical and actuarial modeling tools and techniques.
- Connection & Engagement Opportunities: Commitment to fostering a respectful, inclusive environment where everyone can thrive.
Compensation and Benefits
The base salary range for this position is $100,462 – $160,740, varying with skills, experience, and location. In addition to base pay, Equitable provides compensation for performance through salary increases, spot bonuses, and short‑term incentive plans. Eligible employees receive a full range of benefits, including medical, dental, vision, 401(k) plan, and paid time off.
Location Details
Office: Bermuda Cedar House, 2nd Floor, 41 Cedar Avenue, Hamilton, HM 12. Minimum 2‑year assignment duration.
About Equitable
At Equitable, we’re a team committed to helping our clients secure their financial well‑being so they can pursue long and fulfilling lives. We turn challenges into opportunities by thinking, working, and leading differently. We encourage every employee to leverage their unique talents to become a force for good.
Equal Employment Opportunity Statement
Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws. Equitable participates in the E‑Verify program. If reasonable accommodation is needed to participate in the job application or interview process, please contact Human Resources at (212) 314‑2211 or email TalentAcquisition@equitable.com.
Strategic Initiatives Consultant in Hamilton employer: Equitable Advisors
Contact Detail:
Equitable Advisors Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Strategic Initiatives Consultant in Hamilton
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Tip Number 2
Prepare for those interviews! Research the company, understand their values, and think about how your skills align with their mission. We want you to walk in feeling confident and ready to show them why you’re the perfect fit for the Strategic Initiatives Consultant role.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online resources to refine your answers. We suggest focusing on behavioural questions, as they often come up in interviews for roles like this one.
✨Tip Number 4
Don’t forget to follow up! After your interview, send a thank-you email to express your appreciation for the opportunity. It’s a great way to keep your name fresh in their minds and shows that you’re genuinely interested in the position. And remember, apply through our website for the best chance!
We think you need these skills to ace Strategic Initiatives Consultant in Hamilton
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Strategic Initiatives Consultant role. Highlight relevant experience in reinsurance, actuarial science, and any specific projects that showcase your skills in managing multiple priorities.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with Equitable's mission. Don’t forget to mention your familiarity with AXIS or any relevant frameworks.
Showcase Your Communication Skills: Effective communication is key for this role. In your application, demonstrate your ability to convey complex ideas clearly. You might want to include examples of how you've successfully collaborated with cross-functional teams in the past.
Apply Through Our Website: We encourage you to apply through our website for the best chance of being noticed. It’s straightforward and ensures your application goes directly to the right team. Plus, we love seeing candidates who take the initiative!
How to prepare for a job interview at Equitable Advisors
✨Know Your Numbers
As a Strategic Initiatives Consultant, you'll be dealing with complex data and financial models. Brush up on your statistics and actuarial modelling skills before the interview. Be ready to discuss specific examples of how you've used these skills in past roles.
✨Understand the Reinsurance Landscape
Familiarise yourself with reinsurance accounting and capital management concepts. Research recent trends in the industry and be prepared to share your insights. This will show that you're not just knowledgeable but also genuinely interested in the field.
✨Communicate Clearly
Effective communication is key in this role. Practice articulating your thoughts clearly and concisely. You might be asked to explain complex ideas, so think about how you can simplify your explanations without losing the essence of the information.
✨Showcase Your Team Spirit
Collaboration is crucial for this position. Prepare examples of how you've successfully worked in cross-functional teams. Highlight your ability to manage multiple priorities and how you’ve contributed to a respectful and inclusive environment in previous roles.
