Insurance Jobs

We are seeking a Senior Accountant to join the Accounts Payable and Investment Accounting team of our client, a prominent reinsurance company in Bermuda.

This role requires a completed professional accounting designation (CA, ACCA or CPA) and a minimum of 5 years of post qualification experience in the financial services industry. Candidates with prior experience in the reinsurance / insurance industry would be preferred. Applicants should have proven experience with account reconciliations, journal entries, accruals, sub-ledger management, fixed asset management, and financial statement preparation.

Working in a supervisory role, you will be tasked with reviewing the work of a team of Accountants and advising on business operations and expenses. You will be responsible for budgeting/forecasting and completing assigned balance sheets and income statement accounts. Other duties will include assisting with internal audit and preparing management and ad-hoc reports as required.

Our client offers a very competitive and nearly tax-free compensation package commensurate with experience.

Please send application to frank@bermuda4u.com

Our client, a recognized leader in the offshore legal services industry is in search of an Account Manager to provide professional management, accounting and administrative services to meet requirements of a varied portfolio of insurance industry clients.

PRINCIPAL DUTIES AND RESPONSIBILITIES:
- Manage the affairs of a varied portfolio of clients, including accounting, reporting and statutory reporting for clients in the insurance industry in a professional and efficient manner.
- Deal directly with clients, bankers, brokers and other associated service providers.
- Assist in the development of new areas of business and new client marketing.
- Assist in maintaining, upgrading, supervising the use of various accounting software packages.

KNOWLEDGE, SKILLS AND EXPERIENCE REQUIRED
- Qualified accountant ie, Chartered Accountant or equivalent qualification.
- Minimum of 3 years’ post qualification accounting and management services experience.
- Ability to apply US and Canadian GAAP and IFRS.
- Familiarity with BSX Listing Regulations, ability to supervise Listing Applications from start to finish and ensure ongoing annual compliance.
- Proficient in preparation of Statutory Financial Returns in accordance with the Bermuda Insurance Act and familiarity with insurance accounting practices.
- Proficiency in the use of Trust Management and Accounting Software.
- The ability to deal effectively with bankers, brokers and attorneys and colleagues and to exercise discretion and confidentiality in all matters.
- Highly organized team player who is a self-starter, enthusiastic, flexible, well presented and dedicated.
- Excellent verbal and written communications.

Our client offers a competitive and nearly tax-free compensation package commensurate with experience.

Please send application to frank@bermuda4u.com

On behalf of our Bermuda based client, we are seeking an accomplished Software/Database Developer who has direct reinsurance modeling experience with RMS, AIR and/or EQECAT products.

Required skills and experience:
- 3-5+ years of professional development experience including direct experience with RMS and/or AIR and/or EQECAT
- Strong knowledge of RMS/AIR/EQECAT database schema
- Development experience with SQL, C#, ASP.NET
- WPC, WCF, Geo coding, MatLab, GIS technology experience
- Solid academic record – Bachelors degree in Computer Science or related equivalent preferred

This is a customer-facing, consulting position therefore applicants must possess excellent communication, presentation and customer service skills.

Please send application to: frank@bermuda4u.com

On behalf of our client, a leading international reinsurer, we are seeking a suitably qualified individual to join them as Group Actuary – Modeling.

Primary duties will include:
- Responsible for the Group economic capital modeling
- Develop model specifications, process, controls, output, and reporting requirements
- Peer review, oversight, and management of best practices for the European legal entity modeling
- Capital attribution for pricing purposes
- Evaluate the deployment of capital to achieve optimal returns within risk constraints

Requirements:
- FCAS (Fellow of the Casualty Actuary Society) or FIA (Fellow of the Institute of Actuaries) or equivalent
- A minimum of 7 years of quantitative and risk analysis experience in a similar role within the (re)insurance sector
- Experience with enterprise risk management concepts including research, development and implementation of capital at risk or other quantitative models
- IGLOO programming skills would be an asset

Our client offers a very competitive compensation package including comprehensive benefits.

Please send application to frank@bermuda4u.com

We are seeking an experienced Actuary to join their Bermuda office of our client, a leading international reinsurer. This individual will report directly to the Group Chief Actuary and will be responsible for overseeing the Group Non-Life reserving function.

Applicants should hold Fellow of the Casualty Actuary Society (FCAS) or Fellow of the Institute of Actuaries (FIA) or equivalent qualification and have at least 10 years of experience in (re)insurance with exposure to pricing and reserving.

Duties will include but may not be limited to:
- Oversee Group quarterly reserve processes and peer review of business unit reserve studies
- Implement group reserving models and reserving analytics
- Discussion in the MD&A section of the 10Q and 10K relating to reserves
- Interact with external auditors as required
- Manage a small team of qualified Actuaries
- Make presentations to Executive Management

Please send application to frank@bermuda4u.com

We are seeking an accomplished I.T. Professional to join our reinsurance industry client in Bermuda as a Data Architect. The successful candidate will be responsible for providing oversight, planning, design, development and management of the company’s data models and data structures.

Requirements include:
At least 2 years of experience in the reinsurance industry
A minimum of 5 years of modeling, database administration and business intelligence experience
A university degree in a relevant field (Computer Science, Information Technology, etc.)
Microsoft SQL server certification, excellent SQL, SSAS and SSIS experience
Experience developing and maintaining a Kalido based technology environment
Experience with Proclarity, Performance Point and Sharepoint would be an asset

Our client offers a very competitive and nearly tax-free compensation package.

Please send application to: frank@bermuda4u.com

We are seeking an experienced Business Analyst with reinsurance industry experience to join our client’s team in Bermuda. The successful candidate will be responsible for providing support for the underwriting, analysis and actuarial teams. Duties will include gathering and documenting business requirements and translating requirements into functional specifications and plans.

Requirements include:
- 5+ years of experience within the reinsurance industry, specifically including the disciplines of underwriting and catastrophe modeling
- Knowledge/experience industry products including RMS, AIR, and EQE
- Experience directing and implementing capital IT projects with large budgets
- A university degree in a relevant field

Our client offers a very competitive and nearly tax-free compensation package commensurate with experience.

Please send application to frank@bermuda4u.com

Director Global Sales and Marketing – Insurance

BERMUDA! 4.75% Tax

Our Bermuda based client is seeking a dynamic individual to fill the role of Director, Global Sales and Marketing. This exciting new role offers the opportunity to design, build and lead a group-wide sales and marketing division. You will be challenged with maximizing global sales opportunities in various geographical jurisdictions for the full range of product offerings (Health Insurance, General Insurance, Life and Pensions) through the development of business to business and business to client distribution channels.

You will have a proven track record of defining winning customer and marketing strategies, combined with demonstrated operational expertise. With a small team of direct reports, you will play a pivotal role in driving forward growth and diversification of group sales while building brand value through effective leadership and hands-on management.

Key Role and Responsibilities

- Builds group-wide sales and marketing strategies to increase sales and revenue in targeted geographic niche markets
- Helps deliver on the corporate strategy, plans and objectives
- Leads and coaches sales and marketing teams covering multiple geographic locations, various customer segments and broad range of product lines
- Establishes group-wide sales targets and metrics to support a performance driven culture
- Develops strategies on the best use of multi-channels, processes and contact methods
- Executes sales and marketing plans working with product development and operations support teams
- Implements customer driven, quality sales processes to garner market insights and establish strategic relationships

Experience and Educational Requirements

- Minimum of 5 years experience in a senior management sales and marketing position
- Significant management experience gained within the insurance or financial services sectors
- Educated at college level; an advanced university degree such as Master’s in Business Administration would be preferred
- Proven track record in managing high performing sales and marketing teams in different territories using established metrics to create a performance driven culture. Knowledge of European or Mediterranean markets would be a plus.
- Possess broad technical knowledge of financial products and how they are sold in different global territories and via different distribution channels
- Outstanding communication, relationship management, interpersonal and leadership skills

A generous Executive level compensation package will be commensurate with experience.

Please send application to frank@bermuda4u.com

Principal – Insurance Policy and Regulation – Bermuda

Our client is a Bermuda-based, policy advisory organization. They are attracting a skilled, capable individual to work as Principal in the development of their policies for the insurance industry in Bermuda.

Duties will include:
- Supervising a team of policy development professionals
- Undertaking research projects related to the insurance industry, assessing the appropriateness of various elements of insurance regulatory regimes/international standards and writing position and consultation papers proposing enhancements.
- Participating in the management decision-making of insurance regulatory regime development, providing insurance technical advice to relevant steering committees.
- Assisting the Assistant Director on all relevant technical matters pertaining to insurance regulatory frameworks (particularly accounting and solvency areas).
- Managing the performance of the Senior Analysts and formally examines and evaluates reporting staff member’s performance.

Requirements include:
- Master’s Degree or equivalent qualification in financial services, specifically insurance.
- Prior experience in regulation/government policy would be preferred.
- 7+ years of professional experience including at least 2 years at the supervisory level within the financial services industry (preferably insurance, and/or a financial regulatory body).
- A minimum of 3 years relevant policy experience.
- Exceptional analytical, interpersonal and communication (written and oral) skills.

Please send application to frank@bermuda4u.com

We are seeking a Senior Analyst from the reinsurance industry to join the risk management and modelling department of our client’s Bermuda operation. The successful candidate will be responsible for providing expertise in areas including catastrophe modelling, data quality and pricing for property catastrophe and specialty reinsurance business lines.

Requirements:
- University degree in a relevant field (such as Applied Sciences, Economics, Mathematics, Chemistry, Physics, Engineering Meteorology, Environmental Science)
- A minimum of 4 years of experience in a similar role within the reinsurance industry
- Progress towards the actuarial exams or an insurance/reinsurance qualification such as CCRA
- Strong knowledge of advanced catastrophe modelling software (RMS, EQECAT, CATRADER/CLASIC/2) and MS Excel and Access
- Previous experience working in a multi-model environment would be an asset

Responsibilities will include:
- Liaise with underwriters in the evaluation of all aspects of client files (claims handling, historical performance, policy data collection, cat model exposure, policy coverage and underwriting restrictions)
- Benchmark geo-coding accuracy while considering vulnerabilities and financial and policy attributes and valuations
- create and enforce pricing procedural guidelines, work with portfolio management to ensure accuracy and integrity of pricing systems
- Determine expense estimation methodology based on predictor data
- Review and sign-off on all steps in the pricing process, review of complex program structures
- Review the work of the analyst team, mentor and coach junior analysts, conduct training workshops

Our client offers a very competitive and nearly tax-free compensation package commensurate with experience.

Please send application to frank@bermuda4u.com