- LocationHamilton, Bermuda
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IndustryInsurance
We are searching for an Actuarial Modeling Analyst who is passionate about leveraging their actuarial skills to make a significant impact in the insurance industry. Based in the beautiful island of Bermuda, this role offers the chance to be at the forefront of analyzing, modeling, and pricing business opportunities within a dynamic and innovative environment.
What You'll Do:
- Analyze, model, and price both new and existing business opportunities, adhering to both group and local guidelines.
- Customize pricing models for a variety of lines of business across numerous locations, ensuring tailored and effective risk assessment.
- Conduct in-depth catastrophe modeling using both vendor and in-house models, swiftly resolving any issues to ensure accuracy and reliability.
- Perform loss feasibility analysis to validate modeled results, providing a solid foundation for decision-making.
- Offer technical pricing support to the Underwriting Team by sharing expert knowledge and actionable recommendations.
- Implement modeling assumptions with precision, contributing to the accurate quantification of the company's catastrophe loss potential.
- Engage in exposure management and portfolio steering, playing a key role in strategic business decisions.
- Assist with regulatory filings and fulfill other reporting requirements, ensuring compliance and up-to-date documentation.
- Participate actively in complex projects, offering insights and recommendations that drive effective problem-solving and innovation.
- Contribute to the enhancement of departmental tools, improving efficiency and productivity.
What We're Looking For:
- A bachelor’s degree in business, mathematics, economics, or actuarial science.
- Actuarial certification in progress, complemented by a minimum of three years of property & casualty pricing experience.
- Proficiency in using natural catastrophe models, especially those from Verisk (AIR), and experience in validating third-party Nat Cat models.
- A candidate with strong analytical and problem-solving skills, attention to detail, and excellent communication abilities.
- Proficiency in Microsoft Office Suite and SQL.
- A dedicated professional willing to put in additional hours as needed to achieve business objectives.
Why Bermuda? Bermuda offers not just a stunning location to live and work but also a unique platform for professional growth in the insurance industry. You'll be part of a vibrant community that values innovation, precision, and collaboration.
About Our Client:
Their journey began over fifty years ago as the new kid on the block, and they have since evolved into a formidable presence in the industry, seamlessly blending the capabilities of a major player with the agility of a boutique firm. Their mission extends far beyond simple risk sharing; they are committed to fostering opportunities, facilitating recovery, and driving progress forward. With a dedication to pragmatic solutions and a robust underwriting culture, they have consistently delivered exceptional returns and achieved industry outperformance. The values of responsibility, we-spirit, and drive form the cornerstone of their approach, distinguishing them as a unique partner within the insurance and reinsurance sectors.
More than just a company, they represent a community that prioritizes integrity, celebrates diversity, and cultivates a culture of respect and innovation. Renowned for nurturing their team from within and sustaining long-term client relationships, they exemplify a spirit of collaboration and a visionary outlook. They welcome individuals ready to contribute to their collective success and join a team that is perpetually oriented towards the future.
Take the Leap: If you're ready to bring your expertise to a role where you can make a real impact, we'd love to hear from you. Apply now to become part of a team that values your skills and offers the opportunity to grow and succeed in a world-class setting.
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