AVP - Financial Actuary

Ref: 9518

Responsibilities include:

· Assist Chief Actuary in developing appropriate reserves and required capital requirements for life reinsurance products, mainly variable annuities.

· Maintain the company's sub-ledger and other general ledger supporting working papers

· Preparation of financial reports for the Company's SEC and statutory filings.  These reports will include quarterly and annual statements and supporting schedules, variance analysis and other financial analysis as required

· Development of budgets, forecasts and plans including actuarial projection of liabilities for life reinsurance products, including but not limited to variable annuity guarantees and traditional mortality reinsurance

· Coordination and review of internal financial reporting to Management.

· Development and coordination of the statutory accounting filings with the Bermuda insurance regulators, GAAP financial statements and related audits and external reports to rating agencies.

· Development and coordination of internal controls including Sarbanes-Oxley compliance

· Assist with quarterly review and annual audit with external auditors, including SOX documentation

Requirements:

· Fellow or Associate of the Society of Actuaries

· Minimum of 7 years actuarial experience, with specific experience with regulations and reporting standards for variable annuities

· Minimum of 3 years financial reporting experience

· Experience with the implementation of US generally accepted accounting principles

· Knowledge of relevant US, Bermuda, and rating agency capital models.

· Knowledge of Bermuda statutory filings

· Well-versed in actuarial and statistical software, as well as Microsoft applications, including Excel and Access.

· Ability to analyze financial reports, statements and projections

· Strong interpersonal and communication skills

· Genuine aptitude for working in an energetic and entrepreneurial small team environment

· Ability to meet tight deadlines and work extended hours and weekends when required.

Actuarial Qualifications Considered:

· FSA

· ASA