Kuvare Services Bermuda Ltd. (“KSB”), a Bermuda-based service provider to affiliated and regulated Bermuda-domiciled long-term reinsurers, is seeking a Director, Reinsurance and International Markets to join its Reinsurance and International Markets Team.

This is an opportunity to play a leading role in evaluating and pricing strategic life, annuity, longevity, and mortality reinsurance transactions.

·        Manage the technical pricing of annuity, longevity, and mortality/protection reinsurance opportunities, ensuring the accuracy, timeliness, and quality of actuarial analyses.

·       Conduct actuarial due diligence on prospective transactions, including model development, assumption setting, profitability analysis, capital assessment, and risk evaluation.

·       Ability to lead the reinsurance pricing process from end to end with minimal guidance.

·       Develop, maintain, and enhance pricing and financial projection models for flow and block reinsurance transactions,

primarily in Excel.

·       Perform sensitivity testing, scenario analysis, and product feature testing, and communicate findings to key stakeholders.

·       Conduct rate-setting and pricing reviews for existing flow reinsurance arrangements and blocks of multi-national business.

·   Analyze due diligence materials, including actuarial appraisals, confidential information memoranda,

experience studies, seriatim data, actuarial memoranda, financial statements, and other company reports.

·  Prepare pricing analyses, transaction summaries, proposals, Governance Approval Meeting materials, and presentations

for Management, Committee, and Board review.

·       Assess and monitor the profitability and performance of in-force transactions, identifying emerging risks and opportunities.

·       Enhance pricing processes through the development and automation of analytical tools and models.

·       Partner with Finance, Investments, Risk Management, and Legal teams to evaluate and execute new business opportunities.

·    Maintain awareness of industry developments and regulatory changes affecting life, annuity, longevity, and reinsurance pricing.

 Qualifications & Experience

·       Fellow of the Society of Actuaries (FSA)

·      Minimum 8 years of relevant actuarial experience in the re/insurance or pension consulting industry, including at least 3 years focused on pricing life insurance, annuity, or reinsurance business.

·       Demonstrated experience in actuarial modeling, transaction pricing, assumption development, profitability analysis, capital assessment, and reinsurance transaction due diligence.

·       Strong experience in actuarial modeling, transaction pricing, assumption development, profitability analysis, and capital assessment.

·       Excellent written and verbal communication skills, including the ability to prepare high-quality Committee and Board papers.

·       Advanced Excel skills, including complex formula construction and structured workbook design.

·       Experience with IFRS 17 and actuarial modeling systems would be an asset.

·       Proven ability to manage multiple priorities, work independently, and collaborate effectively across actuarial, finance, investment, risk management, legal, and business development functions.

  Application Process

Kuvare is an equal-opportunity employer that makes hiring decisions based on merit, qualifications, and business needs. We are dedicated to a policy of non-discrimination in employment on any basis, including age, sex, color, race, creed, national origin, religious persuasion, marital status, political belief, or disability that does not prohibit performance of essential job functions. We encourage all qualified candidates to apply.

To apply please send your resume to csinclair@kuvare.com. All applications are handled in a confidential manner and in accordance with Kuvare’s Privacy policy.