Senior Actuarial Consultant, EBS Reporting

Senior Actuarial Consultant, EBS Reporting Job Description

We are seeking a Senior Actuarial Consultant to perform the actuarial functions related to Bermuda Economic Balance Sheet ("EBS") reporting across multiple lines of business and two legal entities.

• Perform the end-to-end actuarial reporting and valuation for annuity liabilities, ensuring timely and accurate reporting under EBS.
• Product oversight will focus on Annuity (non‑Variable Annuity) business, specifically Fixed Indexed Annuity (FIA), Fixed Annuity (FA) and payout annuities.
• Run GGY‑AXIS models and perform financial controls, back‑end validation, and management reporting on the model output.
• Maintain an appropriate reporting oversight environment that includes recommending, implementing, and documenting enhancements of valuation methodology, assumptions, controls, and procedures.
• Collaborate with Experience Study, ALM, Investment Management, Asset Modeling, Liability Modeling to recommend and evaluate enhancements/changes.
• Support decision making in the following areas:
• Attribution analysis to explain key drivers of quarterly changes in EBS assets, best estimate liabilities (BEL), and surplus.
• BEL analytics and BI to effectively understand cash flow profile, asset‑liability interactions, and key metrics under different scenarios.
• EBS BEL projections under different scenarios to support FP&A and Risk Management on a timely and effective manner.
• ALM dashboard for annuity ALM risk management. Collaborate with ALM, Investment Management, Asset Modeling and recommend enhancements to ALM procedures.
• Fulfill other roles and responsibilities as required to support the growth and evolution of overall enterprise and execution of key priorities, including, but not limited to:
• Approved Actuary support in quarterly, annual, and ad hoc regulatory filings.
• Design processes and perform sensitivities, stress tests, cash flow projections to support key business partners (e.g., Risk Management, U.S. Cash Flow Testing).
• Assist in the onboarding of new transactions, including establishing reinsurance settlements and reporting, and setting policies and controls.
• Support vision and cultural value of TFG.
• Foster collaboration between Actuarial and other key business partners including Corporate Development, Enterprise Risk Management, Finance, and ALM.
• Establish and maintain good working relationships with auditors, regulators and other external parties, including being an effective advocate for TFG and representing TFG in industry groups and events.

• Bachelor's degree in mathematics, statistics, actuarial science, or related field.
• Associate of the Society of Actuaries ("ASA") or near ASA.
• Minimum of 3 years of work experience in insurance or finance, with prior experience in actuarial valuation, modeling, liability management, and/or risk management.
• Deep knowledge on General Account liabilities, in particular Fixed Indexed Annuity, Multi‑year Guaranteed Annuities, and/or Payout Annuities, is strongly preferred.
• GGY AXIS or other actuarial modeling software experience is strongly preferred.
• Knowledge of the U.S. Asset Adequacy Testing (Cash Flow Testing), EBS, and/or asset modeling (including asset‑liability interactions) is preferred.
• Strong technical skills and attention to detail for the purposes of reviewing model results, improving processes, and solving complex problems.
• Aptitude for technical software and coding, including proficiency in Excel, VBA, Python, R and Microsoft Fabric.
• Excellent communication and interpersonal skills, with the ability to collaborate with various stakeholders at all levels within the organization as well as external partners.
• Understand interdependencies and workflow between functions and geographies within a group framework.
• Self‑reliant and capable of quickly learning new concepts, thinking creatively and critically, agile and adaptable to changing needs and challenges of a fast‑paced company.
• Results‑oriented and able to work under tight deadlines in a high‑performance environment.
• Ability to travel 10% (e.g., Bermuda if located in the U.S.) when required.

This range represents the minimum and…