Junior Actuary

***Relocation Opportunity – Cayman Islands***

Our firm is a leading reinsurance company based in the Cayman Islands, providing innovative risk transfer and capital management solutions across multiple lines of business. We work with global clients, delivering actuarial insight and analytical expertise that support sound underwriting, pricing, and reserving decisions.

They are seeking a
Junior Actuary
to join our growing actuarial team. The successful candidate will contribute to pricing, reserving, and financial modeling activities across
Property & Casualty (P&C)
and
Life reinsurance
portfolios. This role offers an excellent opportunity to gain broad experience within a dynamic reinsurance environment and to progress toward actuarial qualification.

Salary Range: US$200-240k (tax free)

Key Responsibilities:

• Support actuarial analyses related to
  pricing, reserving, and capital modeling
  for reinsurance contracts.
• Assist in the development and maintenance of
  loss models, stochastic simulations, and scenario testing
  .
• Contribute to the
  valuation of technical provisions
  and
  IFRS 17 / US GAAP reporting
  processes.
• Perform
  experience studies
  ,
  trend analyses
  , and
  portfolio monitoring
  for both P&C and Life books.
• Support underwriting and finance teams with data analysis, projections, and actuarial insight.
• Collaborate on
  model validation, data quality assurance, and process improvement
  initiatives.
• Participate in the
  actuarial student development program
  , working toward a recognized actuarial qualification (e.g., SOA, CAS, IFoA).

Qualifications and Experience:

• Bachelor\’s degree in Actuarial Science, Mathematics, Statistics, or a related field.
• Senior Actuarial Qualification – FIA
• 1–3 years of relevant actuarial experience, preferably in
  reinsurance
  ,
  insurance
  , or
  consulting
  .
• Strong foundation in
  Property & Casualty actuarial techniques
  ; exposure to
  Life
  or
  Health
  reinsurance is an advantage.
• Proficiency in analytical and programming tools such as
  Excel/VBA, SQL, R, Python
  , or
  SAS
  .
• Excellent attention to detail, problem-solving skills, and the ability to communicate complex concepts clearly.