Head of Actuarial, Technical Provisions

About the role

Everest Reinsurance is seeking a senior actuarial leader to own the end‑to‑end technical provisions process within a Bermuda Monetary Authority (BMA) regulated environment. The role will drive the calculation, validation and reporting of discounted reserves, premium provisions and cash‑flow projections while ensuring full compliance with BMA supervisory expectations.

Key responsibilities

• Lead the calculation and validation of technical provisions, including discounted loss reserves and premium provisions, in line with BMA valuation standards.
• Develop, enhance and maintain actuarial cash‑flow models used for reserve projections and discounting.
• Apply quarterly BMA‑prescribed discount rates and update model assumptions promptly.
• Perform detailed reserve analysis, experience studies, sensitivity testing and assumption setting.
• Ensure alignment between Bermuda statutory valuations and Group reporting bases.
• Own actuarial deliverables for the Economic Balance Sheet (EBS) and the annual Bermuda Solvency Capital Requirement (BSCR) filing.
• Support quarterly statutory reporting cycles and monitor movements in the Enhanced Capital Requirement (ECR) ratio.
• Act as the primary actuarial contact for BMA supervisory interactions, responding to queries and providing documentation.

Required profile

• Extensive experience in actuarial reserving within a BMA‑regulated insurer.
• Strong knowledge of Bermuda technical provisions, EBS, BSCR and ECR frameworks.
• Proven ability to lead cross‑functional teams and coordinate with Finance, Risk and Group Actuarial functions.
• Excellent analytical, communication and regulatory reporting skills.

Required skills

• Actuarial cash‑flow modelling
• Reserve analysis and experience studies
• Sensitivity testing and assumption setting
• Application of BMA discount rates

What we offer

• Opportunity to shape actuarial strategy in a global reinsurance leader.
• Collaborative environment with direct exposure to senior management and regulators.
• Competitive compensation package aligned with senior market benchmarks.