ZipRecruiter

Log In

1

Bermuda Actuary Jobs (NOW HIRING)

D.W. Simpson

ILS Actuary - Bermuda

Manhattan, NY · On-site

$185K/yr

... next ILS Actuary. Key responsibilities of this position include pricing & developing ILS ... Bermuda Meet Your Recruiter Arturo Aguilera Director, Social Media & Marketing Arturo joined DW ...

NACBA

Actuary

Honolulu, HI · On-site

$131 - $160/hr

The Actuary must be able to drive decisions based on actuarial analysis, forecasting and best ... At least 5 years of experience in corporate modeling and reinsurance with preference for Bermuda ...

NACBA

$131 - $160/hr

The Actuary must be able to drive decisions based on actuarial analysis, forecasting and best ... At least 5 years of experience in corporate modeling and reinsurance with preference for Bermuda ...

Colorado Psychiatric

$131 - $160/hr

The Actuary must be able to drive decisions based on actuarial analysis, forecasting and best ... At least 5 years of experience in corporate modeling and reinsurance with preference for Bermuda ...

Colorado Psychiatric

Actuary

Honolulu, HI · On-site

$131 - $160/hr

The Actuary must be able to drive decisions based on actuarial analysis, forecasting and best ... At least 5 years of experience in corporate modeling and reinsurance with preference for Bermuda ...

Construction Association of Michigan

Actuary

Honolulu, HI · On-site

$131 - $160/hr

The Actuary must be able to drive decisions based on actuarial analysis, forecasting and best ... At least 5 years of experience in corporate modeling and reinsurance with preference for Bermuda ...

Construction Association of Michigan

$131 - $160/hr

The Actuary must be able to drive decisions based on actuarial analysis, forecasting and best ... At least 5 years of experience in corporate modeling and reinsurance with preference for Bermuda ...

Sustainable World, Inc.

$131 - $160/hr

The Actuary must be able to drive decisions based on actuarial analysis, forecasting and best ... At least 5 years of experience in corporate modeling and reinsurance with preference for Bermuda ...

Sustainable World, Inc.

Actuary

Honolulu, HI · On-site

$131 - $160/hr

The Actuary must be able to drive decisions based on actuarial analysis, forecasting and best ... At least 5 years of experience in corporate modeling and reinsurance with preference for Bermuda ...

Hannover Re

VP, Actuary

Orlando, FL · On-site

$215K - $291K/yr

NAIC Statutory, IFRS, Solvency II and Bermuda BMA). This includes ensuring actuarial models are refreshed, establishing updated accruals, performing earnings variance analysis and leading in depth ...

Hannover Re

VP, Actuary

Orlando, FL · On-site

$215K - $291K/yr

NAIC Statutory, IFRS, Solvency II and Bermuda BMA). This includes ensuring actuarial models are refreshed, establishing updated accruals, performing earnings variance analysis and leading in depth ...

Aflac

Actuary IV (US)

Columbus, GA · On-site

$110K - $140K/yr

This role reports to the Aflac Re Chief Actuary. With minimal supervision, the candidate is ... Experience with Bermuda (re)insurance regulatory frameworks or other jurisdictions that adopt ...

San Diego SHRM

Actuary

Honolulu, HI · On-site

$131 - $160/hr

The Actuary must be able to drive decisions based on actuarial analysis, forecasting and best ... At least 5 years of experience in corporate modeling and reinsurance with preference for Bermuda ...

ISHE

Actuary

Honolulu, HI · On-site

$131 - $160/hr

The Actuary must be able to drive decisions based on actuarial analysis, forecasting and best ... At least 5 years of experience in corporate modeling and reinsurance with preference for Bermuda ...

ISHE

$131 - $160/hr

The Actuary must be able to drive decisions based on actuarial analysis, forecasting and best ... At least 5 years of experience in corporate modeling and reinsurance with preference for Bermuda ...

San Diego SHRM

$131 - $160/hr

The Actuary must be able to drive decisions based on actuarial analysis, forecasting and best ... At least 5 years of experience in corporate modeling and reinsurance with preference for Bermuda ...

Chariot Reinsurance, Ltd.

$85 - $120/hr

The Actuarial Analyst role is a key contributor within the valuation team. This position is ... S. GAAP and Bermuda Economic Balance Sheet (EBS). The role includes validating data and model ...

next page

Showing results 1-20

All JobsFinance and Insurance JobsInsurance JobsLife Insurance Actuary JobsBermuda Actuary Jobs

Bermuda Actuary information

See salary details

$113K

$131.8K

$137.5K

How much do bermuda actuary jobs pay per year?

As of Sep 6, 2026, the average yearly pay for bermuda actuary in the United States is $131,841.00, according to ZipRecruiter salary data. Most workers in this role earn between $116,500.00 and $137,000.00 per year, depending on experience, location, and employer.

What is a Bermuda actuary?

A Bermuda Actuary job involves actuarial work within Bermuda’s insurance and reinsurance industry, which is a global hub for risk management. Actuaries in Bermuda typically focus on pricing, reserving, capital modeling, and regulatory compliance, often working with international clients. The role requires expertise in financial modeling, insurance regulations, and risk assessment, with a strong emphasis on Bermuda’s regulatory framework, including the Bermuda Monetary Authority (BMA) guidelines. Many positions offer competitive salaries and tax advantages, making Bermuda an attractive location for actuarial professionals.

What are the key skills and qualifications needed to thrive as a Bermuda actuary?

A Bermuda Actuary needs strong analytical skills, expertise in risk assessment, and advanced mathematical knowledge, generally supported by actuarial qualifications such as FIA, FSA, or similar credentials. Familiarity with actuarial modeling software (e.g., Prophet, Moses), regulatory reporting systems, and proficiency in Excel or programming languages like VBA or Python are typical technical requirements. Excellent communication, teamwork, and adaptability are crucial soft skills for collaborating with international clients and stakeholders. These abilities are vital for providing accurate risk insights, meeting strict regulatory standards, and navigating the global insurance and reinsurance landscape prevalent in Bermuda.

What are some typical challenges faced by actuaries working in Bermuda's insurance and reinsurance market?

Actuaries in Bermuda often navigate complex regulatory environments and must stay current with evolving international accounting and solvency standards, such as Solvency II and US GAAP. They regularly analyze diverse and sophisticated insurance and reinsurance products, including catastrophe and specialty risks, which can be more intricate than those in some other markets. The fast-paced nature of Bermuda's international (re)insurance sector also means actuaries often work with cross-functional teams and tight reporting deadlines. Job seekers should be prepared for a dynamic environment that offers both unique challenges and significant opportunities for professional growth.

How much does a Bermuda Actuary make in Bermuda?

A Bermuda Actuary typically earns between $80,000 and $150,000 USD annually, depending on experience, certifications, and the employer. Salaries in Bermuda are often higher due to the cost of living and the specialized nature of actuarial work in the insurance and reinsurance industries.

Why are there so many Bermuda actuaries in Bermuda?

Bermuda actuaries are prevalent because the territory is a major global hub for insurance and reinsurance companies, which heavily rely on actuarial expertise for risk assessment and financial modeling. Many actuaries work in Bermuda due to the concentration of insurance firms, competitive compensation, and the need for specialized skills such as proficiency in valuation, regulatory compliance, and advanced analytics. The local industry’s focus on insurance-related roles attracts professionals with actuarial credentials and related experience.
More about Bermuda Actuary jobs

What cities are hiring for Bermuda Actuary jobs?

Cities with the most Bermuda Actuary job openings:

What are the most commonly searched types of Bermuda Actuary jobs?

The most popular types of Bermuda Actuary jobs are:

What states have the most Bermuda Actuary jobs?

States with the most job openings for Bermuda Actuary jobs include:

What job categories do people searching Bermuda Actuary jobs look for?

The top searched job categories for Bermuda Actuary jobs are:

Bermuda Actuary jobs near you
Infographic showing various Bermuda Actuary job openings in the United States as of August 2026, with employment types broken down into 98% Full Time, 1% Part Time, and 1% Contract. Highlights an 67% Physical, 10% Hybrid, and 23% Remote job distribution, with an average salary of $131,841 per year, or $63.4 per hour.

Head of Bermuda Model Development and Onboarding

Careers at KKR

Des Moines, IA • On-site

$170K - $180K/yr

Full-time

Re-posted 16 days ago

Key responsibilities

  • Lead the development, enhancement, and maintenance of actuarial models used for Bermuda EBS valuation.

  • Support assumption updates, model changes, and process improvements to improve reporting accuracy and efficiency.

  • Assist with data integration workflows, including ETL processes and validation routines, to ensure reliable data for valuation.

Job description

POSITION SUMMARY

This role provides actuarial support for Bermuda Economic Balance Sheet (EBS) valuation and leads key components of new reinsurance deal onboarding. Responsibilities include model development, data integration, financial reporting support, and coordination across actuarial, pricing, and technology teams. The position ensures accurate, efficient, and well-controlled actuarial processes that meet regulatory and organizational standards.

RESPONSIBILITIES

Bermuda EBS Modeling & Valuation Support

  • Lead the development, enhancement, and maintenance of actuarial models used for Bermuda EBS valuation, working in close partnership with the Bermuda Actuarial team.
  • Support assumption updates, model changes, and process improvements to strengthen reporting accuracy and efficiency.
  • Assist with data integration workflows, including ETL processes and validation routines, to ensure reliable data for valuation.
  • Participate in cash flow model development and valuation testing activities.
  • Help resolve issues arising during production cycles by collaborating with cross-functional partners.
  • Prepare documentation and testing materials to comply with internal governance and regulatory expectations.

Reinsurance Deal Onboarding

  • Partner with the pricing team to transfer knowledge, assumptions, and methodologies for new reinsurance transactions.
  • Ensure valuation model readiness by assisting with feature development and pricing-to-valuation model alignment.
  • Support interim financial reporting using pricing models until valuation model components are finalized.
  • Participate in data onboarding automation, including mapping, validation, and control processes to enable scalable new-deal integration.

Collaboration & Communication

  • Work closely with actuarial, pricing, data, reporting, and technology teams to support both ongoing valuation and new business initiatives.
  • Communicate technical findings, issues, and recommendations in a clear and structured manner.
  • Spearhead the communication of commercial updates to the actuarial and related functions through active partnership with the Commercial team.
  • Identify and scale solutions developed for Bermuda and Deal onboarding for other modeling needs.

QUALIFICATIONS

  • Strong technical actuarial and analytical skills and foundational actuarial modeling experience.
  • Embraces using new and emerging technology and experimentation
  • Specific technical skills preferred:
    • Model design, control and governance best practices
    • Asset-liability modeling techniques
    • Knowledge of US life and annuity products and their features (e.g. FA, FIA, VA, RILA, payout/SPIA, PRT, UL, VUL, IUL)
    • US GAAP, Bermuda EBS and US statutory valuation principles and methods
  • Ability to work collaboratively across functions and manage multiple priorities.
  • Familiarity with actuarial systems, valuation processes, and data workflows.
  • Demonstrates exceptional client service focus.
  • Actuarial fellowship designation required.

This is the expected annual base salary range for this Boston-based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.

Base Salary Range $170,000 - $180,000 

"To be considered for this role, applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time."  

Apply