About the Role
The Divisional Capital Management & Reporting team is responsible for capital management and consolidated solvency reporting, focusing on developing a deep, forward-looking understanding of capital drivers and translating this into value-adding insight. This role will play a central part in shaping how capital is planned, forecasted, deployed, and reported, ensuring frameworks are robust and aligned with strategic growth objectives.
Responsibilities
- Produce and communicate high-quality capital MI for senior leadership, Boards and regulatory submissions covering solvency, ALM, currency exposure, insurance risks, diversification, new business impacts, and drivers of movements.
- Provide expert support to senior leadership, Boards, Risk function and other Enterprise stakeholders on ad hoc matters, including capital impacts of transactions, strategy changes, and regulatory developments.
- Identify, develop, implement, monitor and iterate Division-wide capital management initiatives.
- Translate complex model outputs and analysis into clear, actionable strategic recommendations.
- Develop, consolidate, and deliver the multi-year capital plan for the Division.
- Produce solvency forecasts, including the identification and monitoring of emerging risks.
- Conduct stress and scenario testing (including CISSA), ensuring consistency and alignment across regions and stakeholders.
- Strengthen control frameworks (materiality, version control, documentation, operational event logging) across the team.
- Improve processes across the CM&R team.
- Manage and mentor analysts and actuaries within the Capital Management and Reporting team, provide coaching, oversight and technical guidance.
- Embed a culture of accountability, curiosity, continuous improvement and collaboration.
Requirements
- Fellow of Institute & Faculty of Actuaries, Society of Actuaries, or similar experience
- Capital management experience, preferably experience of both economic and regulatory frameworks (e.g. Solvency II)
- BMA regulatory capital experience
- Strong knowledge of capital reporting bases
- Ability to handle large volumes of information, identify the most relevant points and connect information to see the “bigger picture”
- Attention to detail
- Excellent communication skills, with clear written and verbal communication that is adapted to the stakeholder
- Ability to manage and deliver multiple priorities calmly under pressure
- Excellent stakeholder management skills with a proven ability to build meaningful, collaborative relationships
- Technically strong, commercially minded, and comfortable operating in ambiguity and under competing priorities
- Ability to cut through complexity, and deliver high-quality outputs across a demanding and varied capital management agenda
- Good communication skills, with the ability to negotiate, challenge, and explain complex topics clearly and concisely
- Ability to quickly understand requirements, prioritise effectively, and deliver meaningful results
Skills
- Capital reporting
- Solvency reporting
- Economic Capital (EC) framework
- Bermuda Monetary Authority (BMA) regulatory basis
- Capital management
- Capital planning
- Capital forecasting
- Risk management
- Financial analysis
- Stakeholder management
- Communication
- Problem-solving
- Leadership
- Mentoring
Location
- Sydney
- Singapore
- Bermuda
- Toronto
- Newport Beach, California
Work Type
- Full-time
Experience Level
- Senior
- Manager
Education Level
- Fellow of Institute & Faculty of Actuaries, Society of Actuaries, or similar experience
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 building employee expertise and supporting individual ambitions.
- The company culture values hard work, achievement, and also knows how to have fun and relax.
- Pacific Life Re provides a healthy work-life balance, regular social activities, and well-being initiatives.
- The company supports employee involvement in their communities through fundraising, charity events, and volunteering opportunities.
Equal Opportunity
- Committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities.
- Support all employees to thrive and achieve their fullest potential.
- Will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities.
