Assistant Director

2 weeks ago

Hamilton, South Lanarkshire, United Kingdom Bermuda Monetary Authority Full time £60,000 - £120,000 per year

Assistant Director - Systemic Risk, Recovery and

Resolution (Insurance)

Financial Stability and Research Department

The Bermuda Monetary Authority (Authority or BMA) is seeking the services of a skilled and capable individual to work as an Assistant Director - Systemic Risk, Recovery and Resolution (Insurance) in our Financial Stability and Research Department. Reporting to the Deputy Director, the Assistant Director - Systemic Risk, Recovery and Resolution (Insurance) will be responsible for contributing to all key analyses and advice on systemic risk, recovery, and resolution related to insurance.

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

  • Leading and coordinating alignment efforts between the Financial Stability and Research Department (FSRD) and the Supervision (Insurance) Department (ISD) with regard to insurance sector recovery planning matters
  • Acting as the subject matter expert by providing ISD with appropriate technical input and support for the review and analysis of recovery plans and resolution plans
  • Representing the Department in various college and crisis management forums
  • Contributing to the ongoing development, enhancement and coordination of the recovery and resolution planning framework for the insurance sector
  • Contributing to the BMA's programme of work on international financial markets monitoring and analysis, providing expert input in insurance sector matters
  • Contributing to the BMA's programme of work on systemic risk analysis and assessment related to the Bermuda-based insurance sector
  • Performing other related work and special projects associated with the Financial Stability and Research Department's remit as assigned

This position requires a proven technical and business background. Therefore, the post-holder must have:

  • A master's degree in law, business, finance or a relevant discipline or professional designation with relevant working experience in insurance
  • A minimum of ten (10) years' relevant experience, of which at least five (5) years should be at a senior level working within a regulated financial services business, a financial services regulator, a central bank or a management consultancy
  • Sound knowledge of international (re)insurers' operations
  • A demonstrated ability to synthesise, summarise and communicate information from a variety of sources, along with the ability to manage projects to completion in a timely manner; and
  • Strong analytical skills and excellent interpersonal and communication skills (both written and oral)

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

If you are looking for a challenging opportunity in a team environment, we invite you to submit your application online via Applications for this position must be received no later than 19 November 2025.

Bermuda Monetary Authority is an Equal Opportunity Employer

BMA House | 43 Victoria Street, Hamilton HM 12 | [email protected] |

Professionalism, Integrity, Accountability, Adaptability, Collaboration

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