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Bermuda Jobs in Iowa (NOW HIRING)

Athene

AVP Derivative Finance

West Des Moines, IA

Lead derivative accounting and reporting across GAAP (ASC 815), Bermuda Statutory, U.S. Statutory (SSAP 86), and Management View frameworks. * Oversee the month-end and quarter-end close process ...

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$14

$30

$43

How much do bermuda jobs pay per hour?

As of Jul 28, 2026, the average hourly pay for bermuda in Iowa is $30.56, according to ZipRecruiter salary data. Most workers in this role earn between $25.53 and $36.59 per hour, depending on experience, location, and employer.

What are Bermuda jobs?

Bermuda jobs refer to employment opportunities available in Bermuda, a British Overseas Territory located in the North Atlantic Ocean. The island's economy is primarily driven by international business, especially insurance, reinsurance, and financial services, as well as tourism and hospitality sectors. Many expatriates and locals work in these industries, and jobs can range from corporate positions to service roles. To work in Bermuda, non-residents typically need a work permit sponsored by an employer. The job market can be competitive, so relevant qualifications and experience are highly valued.

What are some common challenges faced by professionals working in Bermuda's financial services sector?

Professionals in Bermuda's financial services sector often navigate challenges such as adapting to evolving international regulations, managing cross-border client relationships, and staying current with compliance requirements. The sector is fast-paced, requiring excellent attention to detail and strong communication skills, especially when collaborating with global teams and clients. Additionally, the island setting means that networking and relationship-building within a relatively small professional community are essential for career development and success.

What is the difference between Bermuda vs Insurance Underwriter?

AspectBermudaInsurance Underwriter
CredentialsTypically requires insurance or finance certifications, such as CPCU or FCASRequires similar certifications like CPCU, FCAS, or ACAS
Work EnvironmentGlobal insurance hubs, often in offshore or international settingsInsurance companies, brokerage firms, or underwriting agencies
Industry UsagePopular for reinsurance and specialty insuranceCore role in assessing risk and pricing policies
Search & Comparison IntentComparing offshore insurance hubs or reinsurance centersUnderstanding roles in insurance risk assessment

While Bermuda is a global insurance hub known for reinsurance and specialty markets, an Insurance Underwriter is a professional who evaluates insurance applications and determines policy terms. Both roles often require similar certifications and work within the insurance industry, but Bermuda refers to a location and industry hub, whereas an Insurance Underwriter is a specific job function within that industry.

What is a Bermuda job?

A Bermuda job refers to employment in Bermuda, a British Overseas Territory known for its thriving finance, insurance, and tourism sectors. Jobs in Bermuda often attract international professionals due to tax benefits and high salaries. Common industries include banking, reinsurance, hospitality, and healthcare. Work permits are typically required for non-residents, and employers must demonstrate that no qualified local candidate is available.

What cities in Iowa are hiring for Bermuda jobs? Cities in Iowa with the most Bermuda job openings:
Bermuda jobs near you
Infographic showing various Bermuda job openings in Iowa as of July 2026, with employment types broken down into 54% Full Time, 35% Part Time, and 11% Contract. Highlights an 90% In-person, and 10% Remote job distribution, with an average salary of $63,555 per year, or $30.6 per hour.

Head of Bermuda Model Development and Onboarding

Careers at KKR

Des Moines, IA • On-site

$170K - $180K/yr

Other

Posted 6 days ago

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."  

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