At a Glance
- Tasks: Lead the pricing and evaluation of strategic reinsurance transactions in a dynamic environment.
- Company: Join Kuvare Services, a leading Bermuda-based service provider in the reinsurance sector.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Collaborate with diverse teams and stay ahead of industry trends and regulations.
- Why this job: Make a significant impact in the reinsurance industry while working with top professionals.
- Qualifications: Strong actuarial skills and experience in pricing and financial analysis required.
The predicted salary is between 168750 - 206250 £ per year.
Director, Reinsurance and International Markets Kuvare Services Bermuda Ltd. (“KSB”), a Bermuda-based service provider to affiliated and regulated Bermuda-domiciled long-term reinsurers, is seeking a Director, Reinsurance and International Markets to join its Reinsurance and International Markets Team.
This is an opportunity to play a leading role in evaluating and pricing strategic life, annuity, longevity, and mortality reinsurance transactions.
Manage the technical pricing of annuity, longevity, and mortality/protection reinsurance opportunities, ensuring the accuracy, timeliness, and quality of actuarial analyses.
Conduct actuarial due diligence on prospective transactions, including model development, assumption setting, profitability analysis, capital assessment, and risk evaluation.
Ability to lead the reinsurance pricing process from end to end with minimal guidance.
Develop, maintain, and enhance pricing and financial projection models for flow and block reinsurance transactions, primarily in Excel.
Perform sensitivity testing, scenario analysis, and product feature testing, and communicate findings to key stakeholders.
Conduct rate-setting and pricing reviews for existing flow reinsurance arrangements and blocks of multi-national business. experience studies, seriatim data, actuarial memoranda, financial statements, and other company reports.
Prepare pricing analyses, transaction summaries, proposals, Governance Approval Meeting materials, and presentations for Management, Committee, and Board review.
Assess and monitor the profitability and performance of in-force transactions, identifying emerging risks and opportunities.
Enhance pricing processes through the development and automation of analytical tools and models.
Partner with Finance, Investments, Risk Management, and Legal teams to evaluate and execute new business opportunities.
Maintain awareness of industry developments and regulatory changes affecting life, annuity, longevity, and reinsurance pricing.
Qualifications
Director, Reinsurance and International Markets employer: Kuvare
Kuvare Services Bermuda Ltd. offers an exceptional work environment for the Director, Reinsurance and International Markets role, situated in the vibrant financial hub of Bermuda. Employees benefit from a collaborative culture that prioritises professional growth, with opportunities to lead innovative projects in reinsurance pricing and analysis. The company also provides competitive compensation packages and a supportive atmosphere that encourages continuous learning and development, making it an ideal place for those seeking meaningful and rewarding careers in the insurance sector.
