Associate, Reinsurance and International Markets

About KuvareKuvare Services Bermuda Ltd. (“KSB”), a Bermuda based service provider to affiliated and regulated Bermuda domiciled long- term reinsurers, is seeking an Associate, Reinsurance and International Markets to support KSB’s continued growth both for business originating from the US and Internationally. The incumbent will support all aspects of reinsurance pricing and be exposed to a broad spectrum of reinsurance transactions including flow and block reinsurance across various geographies. About The RoleReporting to the Assistant Vice President, Reinsurance and International Markets, primary duties will involve supporting the reinsurance pricing function with actuarial modelling.

Additional responsibilities include but are not limited to:

Responsible for preparing pricing models for flow and block reinsurance transactions, primarily in Excel Enhance processes by developing and automating tools to be used at various stages of pricing Run sensitivity analysis and product feature testing; summarize and communicate findings in a precise and organized manner to the broader teamPerform rate setting on existing new business reinsurance arrangementsAnalyze due diligence materials including but not limited to actuarial appraisals, confidential information memorandum, experience studies, seriatim data, and actuarial memorandumsAnalyze financial statements and other company reportsContribute to the preparation of presentations and reportsContinuously challenge the status quo and stay abreast of regulatory changes that will affect reinsurance pricingDemonstrate a continued desire to learn and develop as a key member of the teamPeer review team members’ workOther ad-hoc tasks as they ariseMaintain a high degree of confidentialityQualificationsBachelor’s degree in actuarial science/accounting/finance/business/mathematics/statistics/commerce;FSA, near FSA, or an equivalent qualification from a recognized actuarial organization.

Consideration would also be given to individuals who have transaction experience from other backgrounds such as investment banking/ insurance brokers/ strategy consulting;Demonstrate a minimum of 5+ years relevant experience, working directly for a life/annuity (re)insurance company, bank/broker or consulting organization;Product knowledge of US annuities (FDAs, FIAs) a plus;Proficiency in MS Excel, Access, and VBA.

Experience programming in SQL, R, or AXIS is a plus;Asset intensive reinsurance pricing experience working in an (re)insurance company, bank/broker or consulting organization;Experience/knowledge in various frameworks such as US GAAP, US Stat, RBC, EBS, Solvency II, ICS, EVS, etc. ;Critical thinking and sound judgement with a strong attention to detail and ability to prioritize and manage multiple projects;Excellent interpersonal and communication skills both written and oral;Willingness and capacity to work overtime including evenings, weekends, and public holidays and on short notice when needed to meet time sensitive tasks.