Vice-President Actuarial

Knighthead Annuity and Life Assurance Company is seeking an experienced and highly skilled Vice-President, Actuarial to join our Actuarial team in Cayman. Key Duties and Responsibilities: The VP, Actuarial may be involved in all aspects of the Actuarial function which includes but is not limited to the following: • Support in-force and new business pricing • Calculate and/or support the calculation of in-force reserves, including experience analysis, basis changes, and analyzing reserve movement • Support the build and maintenance for the Company’s corporate model office, ultimately guiding capital management in accordance with existing Policies and recommending management actions where appropriate • Conducting stress testing on in-force business and flow business, documenting such testing through enhanced enterprise risk management programs, and reporting results • In conjunction with Investments, support ALM processes and liquidity management practices • Engage with KHAL’s investment managers for pricing, ALM, corporate modeling, and other integrated activities as necessary • Support actual to projected results attribution • Developing new reinsurance opportunities in target markets and support the overall corporate strategy, including expansion into other potential product lines, namely pension risk transfer / bulk annuity market • Recommend and support the continued sophistication of Actuarial modeling techniques commensurate with the risks of the business, including stochastic modeling and underlying economic scenario generator calibration • Providing input into the compliance, structuring, and/or optimization of reinsurance transactions • Manage relationships with existing and prospective cedants • Maintaining the continued adequacy of Enterprise Risk Management policies and procedures with respect to the reinsurance segment, including recommended tolerance levels • Reporting to key stakeholders, including but are not limited to: regulator (CIMA), rating agencies (KBRA/AM Best), Board of Directors (BOD), and shareholders. • Develop in-depth expertise of GGY AXIS • Assisting with CIRCA and Actuarial Networking on island, including support for any events/conferences/publications which actuarial produces or contributes to • Make positive contributions to branding, both on island and off island • Other duties consistent with the role generally as a VP / Actuarial Manager for an insurance/reinsurance company Qualification, Knowledge & Experience In addition to indisputably high ethical standards and autonomy, the ideal candidate shall possess the following: • Bachelor’s degree in Actuarial Science • 12+ years of relevant actuarial experience • Accredited Fellow designation from applicable body (SOA, CIA, IoFA, other). Minimum 7-years qualified. • Prior experience with related actuarial modeling software • Prior experience pricing annuity businesses and structuring transactions • Understanding of technical aspects of external regulatory reporting, capital and solvency requirements and US GAAP as well as an understanding of BCAR and RBC calculations • Ability to demonstrate strong technical actuarial skills as well as the ability to apply judgement and pragmatism in order to achieve business aims • Ability to design and implement efficient, robust and effective actuarial processes, incorporating appropriate controls • Strong Enterprise Risk Management experience