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Current Vacancies

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Actuarial Manager
(P&C/General Insurance) - Cayman Islands

About the role

A top firm in the Cayman Islands is seeking actuarial manager for its P&C team.

 

You will provide clients with traditional actuarial services (e.g., reserving, pricing, capital modelling and mergers and acquisition support), as well as leading edge services covering areas such as financial reporting and measurement, financial risk management, modelling, hedging, reinsurance, securitization, economic capital and solvency.

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You’ll be leading client engagement teams in the P&C area of our client’s practice, in a wide variety of areas including the below, essentially providing the knowledge for the firm’s clients to execute strategies and resolve complex issues:

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  • Loss reserving analysis all lines of business and sectors (direct and reinsurance)

  • Loss Reserve Specialist Opinion for regulatory submission

  • New Business License Support

  • Capital Modelling and Economic Balance Sheet support to clients

  • Insurable risk management, self-insurance advisory services (across all industries)

  • Predictive Modelling and customer analytics

  • Actuarial Transformation and modelling

  • Rate setting all lines of business

  • Financial forecasting, valuation

  • IFRS17 consulting and/or US GAAP consulting

  • Product development

  • Mergers & acquisitions

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The requirements

  • Fellow of the Society of Actuaries, Casualty Actuarial Society, Institute of Actuaries or equivalent

  • At least 5 years recent relevant P&C/general insurance actuarial experience (actuarial consulting experience in a Big Four firm preferred)

  • Experience working as actuarial specialist on audit engagements

  • Interest in supporting the practice’s sales efforts including opportunity identification, qualification and proposal development/presentation

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Not required, but desirable:

  • Previous experience in a Risk Based Capital Regime as well as IFRS17 and/or US STAT would be preferred

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Compensation and benefits

A competitive income tax free remuneration package that is commensurate with qualifications and experience, along with a relocation and work permit package.

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Confidentiality when applying

We act with absolute confidentiality and we completely understand that your current employer might not be aware that you're exploring the job market. When you apply, your application is kept completely confidential from both your current employer and also the hiring company. If we feel you might be a good fit, we'll arrange a call with you to chat through the opportunity in more depth. Only after the call will we request permission to share your CV with the hiring company.

 

If you have any questions or want to know more about the role or the Cayman Islands, please reach out and we will be more than happy to help:

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contact@islandparadiserecruitment.co.uk

Tel: +44(0)330 043 4942

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