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Head of Pricing - Bermuda

Employer
Orange Malone
Location
Bermuda (BM)
Salary
Generous tax free salary and bonus plus housing allowance
Closing date
8 Dec 2021
Reference
200726

A large reinsurer is looking for a Head of Pricing for it's growing PRT team in Bermuda. You will own the pricing, structuring and implementation of all new business written ensuring that the risk and capital implications of new business written are clearly understood and managed. This position will report into the Chief Business Development Officer.
Principal accountabilities include:
• Lead the pricing of all new pension risk transfer, annuity, longevity and protection/mortality reinsurance business opportunities in Bermuda, ensuring, when setting the pricing assumptions, the interaction with stakeholders achieves an appropriate balance of commerciality and challenge
• Involvement in the structuring of reinsurance contracts, ensuring consistency with all legal, tax, operational and regulatory requirements
• Ownership, development and implementation of new and existing pricing systems, processes and models.

Ideally you'll be:

• Fully qualified Actuary
• Minimum seven years experience in pricing annuity business and structuring transactions, ideally in the field of pension risk transfer

• Recent experience and demonstrated understanding of technical aspects of investment principles, external regulatory reporting, capital and solvency requirements and IFRS reporting
Bermuda is a fantastic place to further develop your career and be part of a fast growing life reinsurance industry (not to mention the sun, sea and sand AND the tax free aspects!)

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