Pacific Life Services Bermuda Limited
Manager, Corporate Actuarial (FCIA), Actuarial Analytics & Insights
Hamilton, Hamilton city, Bermuda (city only)
Full-time
First seen by offpeak October 22, 2026
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Job Title
Manager, Corporate Actuarial (FCIA), Actuarial Analytics & InsightsJob Description
The Actuarial Analytics & Insights, S&R team forms part of the Corporate Actuarial (CA) function within Divisional Business Services (DBS) and is responsible for the Savings and Retirement (S&R) business. The S&R Line of Business delivers funded and non-funded reinsurance solutions to global insurance clients, catering for the increasing demand from clients in various jurisdictions for innovative reinsurance support that can transfer both longevity and asset risk.
The team are responsible for performing analysis and communicating insights in relation to both the in-force book and new business. This includes working across US GAAP, US Statutory (US STAT), Internal Economic Capital (EC) and Bermuda Monetary Authority (BMA) reporting bases, as well as any applicable local reporting bases. The team’s focus is on developing a deep understanding of both the asset and liability side of the balance sheets, delivering value-add outcomes that support S&R and wider PL Re’s strategic priorities.
The team will interact closely with S&R and will be a key part of DBS and PL Re, interacting with CA (including the Valuation team and Actuarial Systems Team), Operations, Finance, R&D, and Pricing.
The Role
Based in Bermuda, we have an exciting opportunity for an individual with a strong actuarial background and relevant experience to join the Corporate Actuarial function as a Manager, focusing on BMA requirements for the Savings & Retirement (S&R) business.
Reporting to the AVP, Actuarial Analytics & Insights, S&R, this role offers a challenging variety of work, exposure to senior management and excellent opportunities to make positive contributions to S&R and CA. The role requires a good understanding of the Bermuda regulatory frameworks, particularly in respect of the Scenario-Based Approach (SBA) and Bermuda Solvency Capital Requirement (BSCR), as the successful individual will play a key role in overseeing BMA requirements from an S&R perspective. This role would be responsible for ensuring ongoing compliance with the BMA regulations and work closely with the rest of the reporting team to ensure regulatory reporting is submitted in an accurate and timely fashion. This role would also be responsible for overseeing ongoing SBA applications which will require strong technical understanding and communication skills, with the ability to communicate complex topics to a wide range of audiences.
As part of this role, you will work with other functions within DBS and work with other Corporate Actuarial teams across Pacific Life. Similarly, you will work closely with the S&R Line of Business team, contributing to PL Re’s success in what is a growing and dynamic marketplace. It is also expected that you will have a strong presence in Bermuda, creating a network that allows you to keep abreast of industry and regulatory updates.
Role Responsibilities
Oversee BMA requirements impacting the S&R line of business, including regulatory reporting, supervisory expectations, and emerging regulatory developments.
Lead and coordinate the preparation, review, and submission of BMA applications, including SBA applications, and other regulatory approvals as required.
Monitor and interpret changes to BMA rules, guidance, consultation papers, and industry developments, assessing impacts on the S&R business and driving implementation of necessary changes.
Coordinate responses to BMA requests, regulatory inquiries, thematic reviews, and information requests, ensuring submissions are accurate, comprehensive, and delivered on schedule.
Provide subject matter expertise on Bermuda regulatory requirements, including capital, solvency, reporting, governance, and risk management expectations applicable to the S&R business.
Support the assessment and implementation of new products, reinsurance structures, longevity transactions, derivative strategies, and other initiatives from a Bermuda regulatory perspective.
Prepare management updates and briefing materials for senior leadership on regulatory developments, key risks, approval requirements, and strategic implications for the business.
Build relationships with stakeholders in S&R and wider DBS, keeping S&R Corporate Actuarial aware of relevant updates.
Support non-BAU activities and other corporate actuarial projects, as required.
Act as the S&R regulatory "eyes and ears" in Bermuda, proactively identifying regulatory trends, emerging issues, and industry developments that may impact business strategy, capital management, product design, or reporting requirements.
Lead and mentor team members, fostering technical excellence, knowledge sharing, and a strong control environment within the reporting function.
Skills & Experience
Qualified actuary with minimum of 5 years’ experience in life insurance or life reinsurance
Knowledge of Bermuda regulatory frameworks, including the Insurance Act, Economic Balance Sheet (EBS), BSCR, and SBA frameworks.
Experience preparing or supporting regulatory submissions, approvals, and reporting to the Bermuda Monetary Authority (BMA).
Strong understanding of regulatory capital, solvency, and reporting requirements applicable to life and annuity insurers.
Experience interpreting and implementing regulatory changes and assessing their impact on business operations, capital, and financial reporting.
Familiarity with reinsurance structures, longevity transactions, derivatives, asset-intensive business, or pension risk transfer transactions is highly desirable.
Experience interacting with regulators, external advisors, auditors, and industry bodies.
Direct experience engaging with the BMA on SBA applications, EBS/BSCR reporting, model approvals, material transactions, or supervisory reviews.
Experience with annuity reinsurance, funded reinsurance, longevity swaps, asset-intensive reinsurance, or capital optimization initiatives.
Experience supporting international operations or working across multiple jurisdictions.
Existing relationships within the Bermuda insurance industry and regulatory community.
Experience leading reporting process improvement, automation, or transformation initiatives.
Competencies and Behaviours
Strong analytical, problem solving and communication skills
Ability to work on own initiative and pro-actively manage a varied and demanding workload
Detail-oriented with the ability to work to timelines
Proven ability to work with other functions, developing and maintaining working relationships with all parties
Working For Pacific Life Re
Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.
Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.
Benefits
• Health Insurance
• Dental Insurance
• Life and AD&D
• Long Term Disability Insurance
• Group Registered Pension Plan
• Social insurance and employee payroll tax
• Corporate Travel Insurance
• Employee Assistance Programme
• Gym Membership
• Housing Allowance
You Can Be Who You Are
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.
As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.