At a Glance
- Tasks: Review life insurance liabilities and assess financial risks while collaborating with stakeholders.
- Company: Reputable Bermuda-based firm offering a dynamic work environment.
- Benefits: Competitive salary, relocation support, and opportunities for professional growth.
- Other info: Experience a vibrant culture in Bermuda with excellent career advancement opportunities.
- Why this job: Join a high-profile role impacting the international insurance market and enhancing analytical capabilities.
- Qualifications: Qualified actuaries with 7+ years in life insurance and financial risk are encouraged to apply.
The predicted salary is between 80000 - 120000 £ per year.
Valayo is partnering with a well-known Bermuda-based firm to appoint a Qualified Life Actuary (7+ years experience) into a high profile role focused on life insurance, ALM, solvency and financial risk. This is an interesting opportunity offering broad exposure across the international insurance market, combining technical actuarial work, analytical oversight, stakeholder engagement and involvement in strategic risk and balance sheet related initiatives. The successful person will play a key role in reviewing complex life insurance business, assessing solvency and capital positions, analysing modelling approaches and contributing to wider analytical and operational projects across the organisation.
Key Responsibilities
- Reviewing and assessing life insurance liabilities, capital positions and financial exposures
- Analysing reserves, modelling approaches and broader actuarial frameworks
- Assessing stress testing outputs, solvency positions and balance sheet related risks
- Reviewing complex life and annuity business, including products with embedded guarantees and optionality
- Supporting the enhancement of modelling, analytical and operational frameworks
- Contributing to automation and process improvement related initiatives
- Monitoring emerging trends and assessing their potential impact on the life insurance market
- Collaborating with stakeholders across actuarial, risk and investment related functions
- Supporting strategic projects relating to ALM, solvency and financial risk
- Providing technical insight and challenge on complex actuarial matters
- Contributing to research and analysis on emerging life insurance and actuarial topics
- Supporting the continued development of analytical capabilities across the wider team
Qualifications
They are looking to speak to qualified actuaries with 7+ years of experience in life insurance, ALM, solvency or financial risk, alongside exposure to capital modelling, stress testing or broader balance sheet related work.
Qualified Life Actuaries (7+ Years Experience) - Relocate to Bermuda: ALM, Capital & Reserving in London employer: Valayo
Valayo offers an exceptional opportunity for Qualified Life Actuaries to join a prestigious Bermuda-based firm, renowned for its commitment to employee development and a collaborative work culture. With a focus on life insurance and financial risk, employees benefit from broad exposure to the international insurance market, alongside opportunities for professional growth and involvement in strategic initiatives. The vibrant location of Bermuda not only enhances work-life balance but also provides a unique environment for personal and professional enrichment.
StudySmarter Expert Advice🤫
We think this is how you could land Qualified Life Actuaries (7+ Years Experience) - Relocate to Bermuda: ALM, Capital & Reserving in London
✨Network Like a Pro
Get out there and connect with fellow actuaries and industry professionals. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!
✨Showcase Your Skills
When you land an interview, make sure to highlight your experience in ALM, solvency, and financial risk. Use specific examples from your past work to demonstrate how you’ve tackled complex actuarial challenges. We want to see your analytical prowess in action!
✨Prepare for Technical Questions
Brush up on your technical knowledge related to life insurance and capital modelling. Be ready to discuss your approach to stress testing and how you assess solvency positions. We’re looking for candidates who can think on their feet and provide insightful answers.
✨Apply Through Our Website
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 take the initiative to engage directly with us. Let’s get you that dream role in Bermuda!
We think you need these skills to ace Qualified Life Actuaries (7+ Years Experience) - Relocate to Bermuda: ALM, Capital & Reserving in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your experience in life insurance, ALM, and financial risk. We want to see how your skills align with the key responsibilities mentioned in the job description.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of your past work that relate to reviewing complex life insurance business and assessing solvency.
Showcase Your Analytical Skills:Since this role involves a lot of analytical oversight, be sure to mention any relevant projects where you've contributed to modelling approaches or stress testing outputs. We love seeing those details!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity in Bermuda.
How to prepare for a job interview at Valayo
✨Know Your Numbers
As a qualified life actuary, you’ll want to brush up on your technical knowledge. Be prepared to discuss specific examples of how you've assessed life insurance liabilities and capital positions in your previous roles. This will show that you not only understand the theory but can apply it practically.
✨Showcase Your Analytical Skills
Make sure to highlight your experience with modelling approaches and stress testing outputs. Bring along any relevant case studies or projects where you contributed to enhancing analytical frameworks. This will demonstrate your ability to tackle complex actuarial challenges head-on.
✨Engage with Stakeholders
Since the role involves collaboration with various stakeholders, be ready to discuss how you've successfully engaged with different teams in the past. Share examples of how you’ve communicated complex actuarial concepts to non-technical audiences, as this is crucial for the role.
✨Stay Ahead of Trends
Familiarise yourself with emerging trends in the life insurance market. Be prepared to discuss how these trends could impact solvency and financial risk. Showing that you’re proactive about industry developments will set you apart as a candidate who’s not just reactive but forward-thinking.
