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About the Role
This role offers a challenging variety of work, exposure to senior management, and excellent opportunities to make positive contributions to the Savings & Retirement (S&R) business and Corporate Actuarial (CA) function. You will be involved in quarterly reporting, business planning, new business onboarding, in-force management, and process improvement initiatives.
Responsibilities
- Prepare, analyze, attribute, and explain quarterly reporting results across US GAAP, US Statutory, internal Economic Capital, and Bermuda Monetary Authority (BMA) reporting bases.
- Support regular business-as-usual activities including forecasting, business planning, collateral calculation and validation, MI production, and data cleanses.
- Support in-force management initiatives.
- Support regulatory requirements, specifically from the BMA.
- Support process efficiency and control improvement initiatives.
- Manage networks effectively and demonstrate excellent communication.
- Build relationships with stakeholders in S&R and wider DBS, keeping Actuarial Analytics & Insights (S&R) informed of relevant updates.
Requirements
- Nearly/newly-qualified actuary with a minimum of 2 years' experience in life insurance or life reinsurance, preferably in a reporting environment.
- Strong understanding of actuarial valuation principles and processes.
- Knowledge and experience of the actuarial control cycle is a definite plus.
- Experience in scoping out and delivering process improvements.
- Proven ability to work and collaborate with other functions, developing and maintaining effective working relationships.
- Strong analytical, problem-solving, and communication skills.
- Ability to work on own initiative and proactively manage varied and demanding workloads.
- Detail-oriented with the ability to work to challenging timelines.
- Ability to understand and apply new concepts quickly.
- Shows initiative, flexibility, and resourcefulness.
- Embraces change and can work in a fluid environment.
Skills
- Actuarial valuation principles
- Actuarial control cycle
- Process improvements
- Collaboration
- Analytical skills
- Problem-solving skills
- Communication skills
- US GAAP regulations
- BMA regulations
Location
- Global
Work Type
- Full-time
Experience Level
- Minimum 2 years
Education Level
- Nearly/newly-qualified actuary
Benefits
- 25 days of annual leave with option to buy/sell more days
- Adoption and fertility leave
- Generous enhanced parental leave
- Comprehensive private insurance coverage for employee and dependents
- Group Life Insurance coverage of 9x basic annual salary
- Group Income Protection up to 75% of basic annual salary
- Optical benefits
- 15% combined employee/employer contributions to savings & retirement
- Subsidized gym membership
- Access to Employee Assistance Program
- Cycle to Work and Electric Car Salary Sacrifice Scheme
- Time off for volunteering
- Charitable matching of employee donations
About the Company
- Pacific Life Re is committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners, and communities.
- We support all employees to thrive and achieve their fullest potential.
- We have a vision to bring an innovative and dynamic approach to the marketplace, disrupting and challenging industry thinking.
- We have offices across Europe, Asia, North America, Australia, and Bermuda, with over 1000 employees globally.
- We provide an environment where everyone can grow and develop.
Equal Opportunity
- We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities.
- We support all employees to thrive and achieve their fullest potential.
- As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities.