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Chief Actuary

Aug 06, 2021

Our client is a Bermuda annuity and life reinsurance solution provider. A fast growing, dynamic (re)insurance platform, backed by Ares Management Corporation. Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients investment solutions across the credit, private equity, real estate and infrastructure asset classes. As of March 31, 2021, including recent acquisiotns of Landmark Partners and the Black Creek Group, Ares Management's global platform had approximately $239 billion of assets under management with approximately 2,000 employees operating across the Globe. The Company is supported by Ares Insurance Solutions (AIS), Ares’ dedicated, in-house team that provides asset management, capital solutions and corporate development services.

Our client seeks a dynamic, proactive, and collaborative leader to head the Bermuda actuarial team. The role will report directly to the President. The Chief Actuary will also be a member of the Executive Management Team, helping to set business strategy and goals, with a focus on long-term, future oriented business plans. 

Responsibilities include but not limited to:

  • Lead Bermuda Actuarial Team (currently 3 staff) by developing and mentoring staff
  • Underwrite block and flow reinsurance deals and M&A transactions
  • Oversee quarterly financial and capital reporting to investors and regulators
  • Build and enhance key stakeholder relationships to support business strategy
  • Serve as a thought leader on underwriting, actuarial, and capital topics
  • Collaborate closely with the US and AIS team on emerging business needs
  • Liaise with clients and regulators on emerging developments
  • Support risk management efforts on a fast growing and dynamic business

Successful candidates must meet the following requirements:

  • Fellow in the Society of Actuaries (FSA)  or equivalent designation (FCIA, FIA)
  • 8+ years experience working in the annuity (re)insurance industry
  • Experience in product development and pricing, financial reporting, and risk management of fixed and indexed annuities in the US market
  • Experience with actuarial software required, GGY Axis experience preferred
  • US accounting and capital frameworks (US GAAP, US STAT) experience required
  • Experience with the Bermuda Economic Balance Sheet (EBS) framework strongly preferred


Please forward a detailed resume in confidence to:

PricewaterhouseCoopers Executive Search


Tel: 441-295-2000

For further information on this job contact us at


Contact us

Alistair McNeish

Director, Human Resource Services, PwC Bermuda

Tel: +1 441 298 9708

Linda Holmes

Human capital consulting, PwC Bermuda

Tel: +1 441 298 9706

Lyndsay McCabe

Client Administrator, PwC Bermuda

Tel: +1 441 298 9705

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