Requirements
Candidates must be a Fellow of a major actuarial body such as the SOA, CAS, or IFOA with specific experience in P&C reinsurance reserving. The role requires a hands-on professional capable of working in a specialist reinsurance and capital markets environment.
Job Description
Please note this vacancy is in Bermuda.
Our client is a specialist firm operating at the intersection of reinsurance and capital markets.
They are looking for a senior P&C reinsurance actuary to take ownership for reserving and financial analysis for one of their specialist business lines in Bermuda. The role would manage one individual.
The ideal candidate will be a Fellow of a major actuarial body (SOA GI track, CAS, UK IFOA, SAI, Australian Institute etc) and have experience of reserving reinsurance P&C portfolios. This is a role where you will both manage as well as deliver through your own work, so we are looking for a hands-on actuary.
Given the limited supply of actuaries in Bermuda, the client is willing to sponsor a work permit for an overseas actuary. The ideal target markets will be actuaries working in a major (re) insurance jurisdiction, such as Canada, Ireland, UK, Switzerland etc.
The role comes with an attractive tax free package (Bermuda does not deduct income tax). The package includes pension (which can be taken as cash by non Bermudans) and a discretionary bonus.
If you meet the spec but are only an Associate, that might work. Please do not apply if you are a life, health or pensions actuary.
Please note this vacancy is in Bermuda.
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About Hanover
From a small London office to a global presence, Hanover has grown by helping organisations worldwide unlock potential at every stage of their talent journey. As trusted growth partners in financial services, we connect you with exceptional talent and tailored solutions that drive lasting success. Hanover Search Group has a strong appetite for strategic growth, demonstrated through our successful acquisition of complementary businesses. One of our flagship brands, City CV, exemplifies this approach through their dual expertise: providing premium CV writing and career coaching services for senior executives, while also delivering specialised B2B consulting support to our corporate clients. If you’re seeking a global network, comprehensive support and strategic partnership, Hanover Search Group could be the ideal environment for you or your business to thrive. Get in touch to explore the possibilities. Hanover supports international and regional clients from our offices in London, Los Angeles, New York, Chicago, Florida, Kansas City, Dubai, Singapore and Hong Kong, providing seamless delivery across Europe, the Middle East, the US & the Americas, and Asia. Our Industries: • Asset Management • Banking • Fintech • Hedge Funds • Insurance • Private Equity & Venture Capital • Professional Services • Wealth Management • Healthcare www.hanoversearch.com
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