Chariot Re · 1 day ago
Risk Associate Actuary
United States
Full-time
Remote
Mid, Senior Level
$0/yr - $190K/yr
5+ years expChariot Reinsurance, Ltd. is an independent Bermuda-based Class E life and annuity reinsurance company. The Risk Associate Actuary will focus on validation of models and support a range of tasks including risk identification and reporting, development of risk models, and compliance activities.
Asset ManagementFinancial ServicesInsuranceLife InsuranceRetirementWealth Management
No H1B
Responsibilities
Validation of valuation and investor models, whether directly or through interaction with an outsourced provider
Identification, measurement, monitoring and reporting of risks, spanning underwriting, market, credit, operational, liquidity and strategic risks
Development and maintenance of effective risk models, tools and analytics to support risk assessment and decision making
Supporting the development and maintenance of regular stress tests and other risk metrics to support timely and accurate capital planning in alignment with strategic and financial objectives
Working with functional partners, especially Actuarial, to: Develop capital plans Conduct risk reviews of annual business plans Assess the impact of new reinsurance transactions
Supporting risk governance and oversight activities, including in relation to the Risk Committee and any risk-related management committees such as for ALM and the SBA
Supporting compliance activities, including maintenance of relevant policies e.g. Fit & Proper, Conflict of Interest, Sanctions and Suspicious Activity, monitoring and reporting of effectiveness of these
Qualification
Required
Bachelor's degree in quantitative discipline such as mathematics, statistics, actuarial science, physics, etc
Fellowship of Society of Actuaries or Institute of Actuaries or equivalent, or progress towards this
5-10 years of experience in a life insurance risk or actuarial functions
Strong Prophet background (Prophet ALS knowledge a must)
Knowledge of Bermuda financial reporting and solvency regimes, and/or of US GAAP, is an advantage
Knowledge of the reinsurance market, products, regulations and best practices
Strong analytical, communication and interpersonal skills
Benefits
Medical, dental, and vision insurance
Flexible PTO
Competitive retirement benefits
Opportunities for professional growth and development
Paid parental leave
Volunteer opportunities
Company
Chariot Re
Chariot Re is an independent Bermuda-based Class E life and annuity reinsurance company. Co-sponsored by MetLife and General Atlantic.
11-50 employees
Funding
Current Stage
Early StageTotal Funding
$1B2024-12-11Private Equity· $1B
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