AVP & Actuary-Bermuda Risk-Financial in Hamilton

AVP & Actuary-Bermuda Risk-Financial in Hamilton

Hamilton Full-Time 63000 - 77000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Coordinate financial risk management and enhance decision-making for Bermuda reinsurance.
  • Company: Join MetLife's Global Risk Management Group, a leader in responsible growth.
  • Benefits: Hybrid work model, competitive salary, and opportunities for professional development.
  • Other info: Dynamic role with exposure to diverse risks and markets in a collaborative environment.
  • Why this job: Be at the forefront of risk management and support global insurance growth.
  • Qualifications: Fellowship in actuarial science and 10+ years in risk management or related fields.

The predicted salary is between 63000 - 77000 £ per year.

Alternate Location: New York, NY, Bridgewater, NJ, or Whippany, NJ

Setting: This is a hybrid role requiring a minimum of 3 days per week in office.

Reports to Title: SVP CRO Bermuda and Reinsurance Optimization

The Team You Will Join: Join our Global Risk Management Group, where you’ll play a key role in safeguarding the company, ensuring we deliver on our commitments to customers and stakeholders, and driving responsible growth. As part of our team, you’ll identify, monitor, and mitigate both financial and non-financial risks across the organization. Leverage your expertise as the second line of defense to advise our business on effective risk management strategies. This means challenging ideas, implementing robust controls, and enforcing guardrails to foster responsible business growth. Join us in advancing MetLife’s legacy of trust through exemplary risk management practices.

The Opportunity: The AVP & Actuary - Bermuda Financial Risk position will serve as a central coordinator for managing Bermuda financial risk, while also maintaining a hands‑on role in core analysis and problem-solving, particularly on complex or time‑sensitive topics. This position will be responsible for ensuring that capital, asset liability management, credit, and pricing for Bermuda reinsurance are being evaluated holistically across the various lenses of risk, aligned across stakeholder groups, and appropriately escalated to senior leadership and governance forums. Bermuda captive reinsurance at MetLife supports growth and is enhancing performance across the global MetLife insurance footprint. Strong financial risk management is critical to ensure this growth is in line with the risk appetite and framework that MetLife has in place today. Guided by our purpose – always with you building a more confident future – and our New Frontier strategy focused on stronger growth, attractive returns and all-weather performance, this is an exciting opportunity to support the growth of the captive reinsurance business, become an expert in the Bermuda regulatory framework, and gain exposure across a variety of risks and markets.

Location: This role will be based in Hamilton, Bermuda. Candidates in New York, NY, Bridgewater, NJ, and Whippany, NJ will also be considered.

Key Responsibilities:

  • Coordinate with shared resources to capture, manage, report on and set guidelines around interest rate, equity, counterparty credit, pricing, insurance and model risks for Bermuda reinsurance, considering the Bermuda Solvency Capital Requirement (BSCR), Economic Capital (EC), Asset Liability Management (ALM), and Global Investment Assumption Committee (GIAC) frameworks.
  • Enhance implementation of quarterly BSCR ratio stress testing and utilize it for ALM, capital, credit, FX, and insurance risk management.
  • Manage agenda for Bermuda financial risk working group.
  • Develop close working relationships with internal partners, including Reinsurance, Reinsured Business Units, Investment Risk & Stress Testing, Insurance & Pricing Risk Management, Japan Risk, Treasury, Actuarial Resources Unit (ARU), and MII.
  • Keep current with Bermuda Monetary Authority (BMA) rules and regulations.

Required Qualifications:

  • Fellowship in an actuarial organization, bachelor’s degree in a quantitative field.
  • Self-starter, with experience managing large projects across functions.
  • Demonstrated problem solving skills and hands‑on experience.
  • 10+ years of experience in risk management, treasury, actuarial pricing, product development, investments, capital management, and/or reinsurance.
  • AI fluency with the ability to effectively leverage emerging technologies to enhance productivity and support informed decision‑making.

Preferred Skills:

  • Demonstrated success influencing stakeholders across complex, matrixed organizations.

AVP & Actuary-Bermuda Risk-Financial in Hamilton employer: MetLif

MetLife is an exceptional employer, offering a dynamic work environment in Bermuda that fosters collaboration and innovation within the Global Risk Management Group. Employees benefit from a hybrid work model, competitive compensation, and opportunities for professional growth, all while contributing to meaningful projects that safeguard the company's legacy of trust. With a strong focus on employee development and a commitment to responsible business practices, MetLife provides a unique platform for actuaries to thrive in their careers.

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Contact Details:

MetLif Recruitment Team

We think you need these skills to ace AVP & Actuary-Bermuda Risk-Financial in Hamilton

Risk Management
Actuarial Expertise
Project Management
Problem-Solving Skills
Financial Analysis
Stakeholder Engagement
Regulatory Knowledge