Specialist - Liability and Capital Modelling Review, Supervision (IFCA)

The Bermuda Monetary Authority (Authority or BMA) is seeking the services of a skilled and capable individual to work as a Specialist – Liability and Capital Modelling Review in our Supervision (Insurance, Funds and Corporate Authorisations) Department. Reporting to the Senior Specialist – Liability and Capital Modelling, the Specialist – Liability and Capital Modelling Review will be responsible for the supervision of liabilities (insurance and non-insurance) and regulatory capital, including review of Scenario-Based Approach (SBA) and Standard Approach (StdA) frameworks as implemented by regulated insurers. The successful candidate will also be responsible for evaluating insurer-developed liability and capital models, filings, actuarial opinions, and governance practices, providing structured recommendations to ensure compliance, robustness, and consistency across supervised entities.

• A Master’s degree in actuarial science, statistics, mathematics, finance, economics, or a related quantitative discipline; or a Bachelor’s degree in one of the above fields with a relevant professional qualification from a recognised institution or professional body
• A minimum ten (10) years of relevant experience with at least five (5) years at a senior level in actuarial modelling, risk modelling, insurance supervision, financial risk management, or a related quantitative field
• Demonstrated experience in:
• Reviewing or validating actuarial or risk models
• Assessing regulatory filings and technical submissions
• Evaluating reserve methodologies, actuarial opinions, and scenario analysis
• Conducting technical reviews or on-site examinations
• Preparing structured supervisory reports
• Collaborating with cross-functional supervisory teams
• Prior experience with scenario-based regulatory frameworks, internal model validation, or capital assessment processes is a strong asset

If you are looking for a challenging opportunity in a team environment, we invite you to submit your application online via our ‘Careers at BMA’ page on. www.bma.bm/vacancies. Applications for this position must be received no later than 04 September 2026.

BMA House | 43 Victoria Street, Hamilton HM 12 | careers@bma.bm | (441) 295 5278

Professionalism, Integrity, Accountability, Adaptability, Collaboration