Assistant Director

2 weeks ago

Hamilton, United Kingdom Bermuda Monetary Authority Full time

**Description**:
**Assistant Director**
**Supervision (Insurance) Department**

The Bermuda Monetary Authority (Authority or BMA) is seeking the services of a skilled and capable individual to work as an Assistant Director in our Supervision (Insurance) Department. Reporting to a Deputy Director, the Assistant Director will lead a team of professionals responsible for designing and implementing the Authority’s insurance supervision, risk framework and market analysis programme by generating and interpreting market data and recommending appropriate supervisory action.

**This is a key role for the Authority and the post-holder will be responsible for but not limited to**:

- Managing a team responsible for ongoing risk-based supervision of a portfolio of long-term insurers and groups and providing leadership, development and nurturing the growth of direct reports
- Providing insurance risk framework and risk model development, market analysis, risk training and support
- Identifying and monitoring economic indicators and trends impacting the long-term insurance market at both the macro and micro level and assessing the impact of these indicators on licensed commercial life insurers and groups
- Modelling complex transactions, including sensitivity analysis, stress testing and assessment of financial soundness indicators, whilst also managing a team of risk analysts to ensure accuracy and reconciliation of numbers and appropriate techniques
- Performing on-site examinations and financial reviews of financial statements and returns, including risk exposure and probable maximum loss, risk management strategies, capital adequacy, governance and other relevant sources of information for both insurance legal entities and insurance groups
- Ensuring appropriate monitoring is in place with the objective of communicating issues / trends / risks and recommending appropriate supervisory action
- Performing due diligence and reviewing internal models, including peer comparisons and industry reviews, by analysing both past performance and forward-looking indicators to identify emerging risks
- Providing advice on all relevant technical matters pertaining to insurance supervision, risk assessment, macroprudential drivers and risk model tool development
- Representing the Authority at various local, regional and international meetings, conferences and seminars with other regulatory bodies, government agencies and the financial services industry, as required, to keep abreast of industry trends

**This position requires a proven technical and business background; therefore, the post holder must have**:

- A master’s degree in finance, accounting or insurance and/or equivalent qualification from a recognised institution or professional body (e.g., CPA, CA, CFA, ASA, CERA, FIA, etc.)
- A minimum of ten (10) years experience, of which at least five (5) years should be in the life insurance industry acquiring knowledge related to solvency risks arising from life products and / or working experience with a regulatory body in an insurance-related capacity in life analytics or supervision
- The ability to assimilate facts, analyse and prioritise information to ensure accuracy and conformity of procedures for risk assessments
- A working knowledge of licensed Bermuda entities’ operations
- The ability to lead and provide training on policy development initiatives
- The ability to interface with the financial services industry, government and various international regulatory bodies

The Authority is the integrated regulator of the financial services sector in Bermuda. We offer the opportunity for broad exposure to international regulatory issues, special projects and a variety of work experiences.

Bermuda Monetary Authority is an Equal Opportunity Employer.
Individual Excellence Collective Strength

  • Assistant Director

    2 weeks ago

    Hamilton, South Lanarkshire, United Kingdom Bermuda Monetary Authority Full time

    Description:Assistant Director - P&CSupervision (Actuarial Services) DepartmentThe Bermuda Monetary Authority (Authority or BMA) is seeking a qualified and experienced individual to perform the duties and responsibilities of Assistant Director - P&C to join our Property &Casualty Team in our Supervision (Actuarial Services) Department. Reporting to the...

  • Assistant Director

    2 weeks ago

    Hamilton, South Lanarkshire, United Kingdom Bermuda Monetary Authority Full time

    Description:Assistant DirectorSupervision (Insurance) DepartmentThe Bermuda Monetary Authority (Authority or BMA) is seeking the services of a skilled and capable individual to work as an Assistant Director in our Supervision (Insurance) Department. Reporting to a Deputy Director, the Assistant Director will lead a team of professionals responsible for...

  • Assistant Director

    4 weeks ago

    Hamilton, United Kingdom Bermuda Monetary Authority Full time

    **Description**: Assistant Director - Conduct Regulation, Banking Supervision (Conduct Regulation) Department Bermuda Monetary Authority (Authority or BMA) is seeking the services of a skilled and capable individual to work as an Assistant Director, Conduct Regulation in the Supervision (Anti-Money Laundering/Anti-Terrorist Financing) and Conduct...

  • Assistant Director, Property

    4 weeks ago

    Hamilton, United Kingdom Bermuda Monetary Authority Full time

    **Description**: **Assistant Director - P&C** **Supervision (Actuarial Services) Department** Bermuda Monetary Authority (Authority or BMA) is seeking a qualified and experienced individual to perform the duties and responsibilities of Assistant Director - P&C to join our Property & Casualty Team in our Supervision (Actuarial Services) Department....

  • Assistant Director

    3 weeks ago

    Hamilton, United Kingdom Bermuda Monetary Authority Full time

    **Description**: **Assistant Director - P&C** **Supervision (Actuarial Services) Department** The Bermuda Monetary Authority (Authority or BMA) is seeking a qualified and experienced individual to perform the duties and responsibilities of Assistant Director - P&C to join our Property & Casualty Team in our Supervision (Actuarial Services) Department....

  • Assistant Director

    2 weeks ago

    Hamilton, South Lanarkshire, United Kingdom Bermuda Monetary Authority Full time

    Description:Assistant DirectorSupervision (FinTech) DepartmentThe post-holder will be responsible for but not limited to:Leading and directing a team of professionals, focusing on a risk based supervision approach specifically for entities involved in the investment and money service business sectors. This involves a proactive, forward-looking framework that...

  • Assistant Director, Long-term

    4 weeks ago

    Hamilton, United Kingdom Bermuda Monetary Authority Full time

    **Description**: **Assistant Director, Long-Term & Financial Risk** **Supervision (Actuarial Services) Department** The Bermuda Monetary Authority (Authority or BMA) is seeking the services of a qualified and experienced individual to perform the duties and responsibilities of Assistant Director - Long Term & Financial Risk within our Supervision (Actuarial...

  • Assistant Director, Long-term

    2 weeks ago

    Hamilton, United Kingdom Bermuda Monetary Authority Full time

    **Description**: **Assistant Director, Long-Term & Financial Risk** **Supervision (Actuarial Services) Department** The Bermuda Monetary Authority (Authority or BMA) is seeking the services of a qualified and experienced individual to perform the duties and responsibilities of Assistant Director, Long-Term & Financial Risk within our Supervision (Actuarial...

  • Assistant Director

    2 months ago

    Hamilton, United Kingdom Bermuda Monetary Authority Full time

    **Description**: **Assistant Director** **Supervision (FinTech) Department** **The post-holder will be responsible for but not limited to**: - Leading and directing a team of professionals, focusing on a risk based supervision approach specifically for entities involved in the investment and money service business sectors. This involves a proactive,...

  • Assistant Director

    4 weeks ago

    Hamilton, United Kingdom Bermuda Monetary Authority Full time

    **Description**: **Assistant Director** **Supervision (FinTech) Department** **The post-holder will be responsible for but not limited to**: - Leading and directing a team of professionals, focusing on a risk based supervision approach specifically for entities involved in the investment and money service business sectors. This involves a proactive,...

  • Assistant Director, Enforcement

    3 weeks ago

    Hamilton, United Kingdom Bermuda Monetary Authority Full time

    **Description**: **Assistant Director - Enforcement** **Legal Services and Enforcement** enhancing and promoting the intelligence capability of the Authority and enhancing and supporting enforcement policies and procedures which protect and enhance the reputation of Bermuda. This is a key role for the Authority; the incumbent will be responsible for but...

  • Graduate Sports Assistant

    2 weeks ago

    Hamilton, South Lanarkshire, United Kingdom Hamilton College Full time

    Hamilton College is more than a school - it is a journey - a journey in education, in developing talents and gifts and in creating self-belief. Hamilton College is a non-denominational Christian Independent School for children and young people from the ages of 2-18. The school encompasses Nursery, Junior and Senior levels generating a truly 'family'...

  • Assistant Management Accountant

    1 month ago

    Hamilton, United Kingdom Get Recruited UK Ltd Full time

    ASSISTANT MANAGEMENT ACCOUNTANT / ACCOUNTS SUPERVISOR BLANTYRE, GLASGOW / FLEXIBLE HOURS UP TO £35,000 | NEGOTIABLE UP TO £40,000 | + BENEFITS + BONUS 12 to 18 MONTH CONTRACT / MOVING TO PERMANENT THE COMPANY: We're proud to be exclusively partnering with a highly successful Manufacturing business that is looking to recruit an Assistant Management...

  • Personal Assistant/Administrator

    2 weeks ago

    Hamilton, South Lanarkshire, United Kingdom Gnosh (Scotland) Limited Full time

    Admin & PA JobRate of Pay starting at £12.50 per hourMin 16 hours per week – flexible although this will be a full time post or job shareWe are growing our business and centralising how we operate; as a consequence, we looking to recruit an individual who is organised and motivated to work within our office within at Hamilton Football Club. The individual...

  • Personal Assistant/Administrator

    3 weeks ago

    Hamilton, United Kingdom Gnosh (Scotland) Limited Full time

    Admin & PA JobRate of Pay starting at £12.50 per hourMin 16 hours per week – flexible although this will be a full time post or job shareWe are growing our business and centralising how we operate; as a consequence, we looking to recruit an individual who is organised and motivated to work within our office within at Hamilton Football Club. The individual...

  • Personal Assistant/Administrator

    1 month ago

    Hamilton, United Kingdom Gnosh (Scotland) Limited Full time

    Admin & PA JobRate of Pay starting at £12.50 per hourMin 16 hours per week – flexible although this will be a full time post or job shareWe are growing our business and centralising how we operate; as a consequence, we looking to recruit an individual who is organised and motivated to work within our office within at Hamilton Football Club. The individual...

  • Assistant Site Manager

    2 weeks ago

    Hamilton, United Kingdom Bellway Full time

    At Bellway we recognise that people are the key to our success, and we are committed to building an inclusive culture that values and respects difference combined with creating a safe and inclusive working environment for all colleagues. This means we are positive about making adjustments as well as providing flexible working and we would be happy to talk...

  • Finance Administrator

    3 weeks ago

    Hamilton, United Kingdom R F Brown Limited Full time

    RF Brown is Scotland’s leading supplier of Containers for hire, sales and self-storage at the Hamilton site. Historically a family owned business, it has recently been acquired by the new Managing Director Angus Barraclough in partnership with Foresight Group Private Equity. The business is currently seeking an experienced Finance Administrator to...

  • Finance Administrator

    2 months ago

    Hamilton, United Kingdom R F Brown Limited Full time

    RF Brown is Scotland’s leading supplier of Containers for hire, sales and self-storage at the Hamilton site. Historically a family owned business, it has recently been acquired by the new Managing Director Angus Barraclough in partnership with Foresight Group Private Equity. The business is currently seeking an experienced Finance Administrator to...

  • Finance Administrator

    4 weeks ago

    Hamilton, United Kingdom R F Brown Limited Full time

    RF Brown is Scotland’s leading supplier of Containers for hire, sales and self-storage at the Hamilton site. Historically a family owned business, it has recently been acquired by the new Managing Director Angus Barraclough in partnership with Foresight Group Private Equity. The business is currently seeking an experienced Finance Administrator to...