Director Reinsurance Actuary
Director Reinsurance Actuary
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Job Description
Location
London One Canada Square Level 26Business Wealth Solutions
Brookfield Wealth Solutions (BWS; NYSE/TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services wealth protection products and tailored capital solutions. Through our operating subsidiaries we offer a broad range of insurance products and services including annuities personal and commercial property and casualty insurance and life insurance
Brookfield Culture
Brookfield has a unique and dynamic culture. We seek team members who have a longterm focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.
Job Description
Responsibilities:
Reinsurance models: Analyse and run reinsurance models to generate fees for flow treaties including formatting data and benefits into the required reinsurer formats
Reinsurance information: Coordinate and send the necessary data models and aggregate pricing information and pipeline information to reinsurers.
Reinsurance tenders: Running tenders for large new business deals >500m) liaising with reinsurers on new business opportunities and structuring contracts for new deals
Reinsurance relationships: Maintaining reinsurer relationship with BAC UKs flow partners alongside other reinsurers on BAC UKs approved counterparty panel.
Checking risk limits and compliance with matching adjustment requirements: Monitor and check risk limits and matching adjustment eligibility for reinsurance treaties.
Operational onboarding of reinsurance: Including setting up collateral structures and monitoring of ongoing operational requirements.
Required Skills and Experience:
Qualified actuary with 915 years of experience.
At least 1 year of experience of reinsurance longevity swap pricing.
Longevity reinsurance sector experience ideally through an insurer or reinsurer but will consider through a consultancy route
Knowledge of UK pensions/bulk annuities.
Excellent critical thinking and analytical skills with the ability to collect organize analyze and disseminate information with attention to detail and accuracy.
Ability to multitask prioritize deliverables and work well under pressure and deadlines.
Possesses high professional standards and exemplifies exceptional integrity and credibility with strong relationship management skills.
Works well in a teambased environment.
Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly we do not tolerate workplace discrimination violence or harassment.
We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position however only candidates selected for prescreening will be contacted.Required Experience:
Director
Employment Type
Full-Time
