AVP Reinsurance Actuary - Bermuda

Bermuda (BM)
Up to $185k + bonus
Closing date
30 Oct 2021

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Job Details

A Bermuda-headquartered company that have gone through substantial growth and underwrites specialty insurance and reinsurance risks on a global basis through its wholly-owned subsidiaries. The AVP, Reinsurance Actuary will report directly to the Chief Actuary & Chief Risk Officer. The position will work alongside risk analysts to build out a data-driven underwriting strategy. Applying your experience in pricing, reserving and capital modeling will be crucial to augment the actuarial processes used by our risk and underwriting teams.

What you will do

  • Maintain and improve reinsurance pricing models to ensure consistency in design, parameter benchmarking, rate-adequacy monitoring and automation of data capture.
  • Assist with pricing reinsurance contracts across Casualty, Specialty and Property classes.
  • Contribute to the development of aggregation methodologies for non-elemental risks.
  • Support the development of the capital model.
  • Conduct profitability studies in various segments of the portfolio
  • Support other pricing and reserving projects across the company.

What you require for the role

  • · Professional actuarial designation (FCAS or equivalent) or a post graduate degree in Statistics or Mathematics
  • At least 5 years’ experience in a pricing role in the reinsurance industry
  • Experience with Reinsurance contract pricing, including pricing excess of loss and proportional contracts as well as evaluating with common contract features
  • Ability to effectively communicate analytical findings
  • Experience with programming in VBA, SQL, R and Python
  • Familiarity with Catastrophe and Risk aggregation models
  • Ability to work both independently and collaboratively

They're open to candidates looking to move to Bermuda but please not there will be no housing allowance. 


Gravitas Recruitment Group is a leading international recruitment consultancy, committed to delivering an unrivalled service in placing Actuarial and Tech professionals to our broad client base. We are the #1 Actuarial recruitment company in Asia and one of the fastest growing actuarial teams in the UK.

In an industry with exacting skill parameters, we source quality personnel for niche roles. We regularly host networking events which allow us not only to build unique relationships, but to ensure we are up to date with latest  developments and changes in industry. Our experienced consultants embody our core values of Respect, Integrity, Passion and Excellence. It is these values that enable us to provide an unrivalled service to the market.

Find Us
020 3640 9800
3rd Floor
6 Bevis Marks
United Kingdom

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