The Role
Leads actuarial evaluation of acquisitions and reinsurance opportunities, including reserve analysis, capital calculations, pricing, due diligence, and transaction structuring. Performs deterministic and stochastic modeling, reviews data and vendor analyses, evaluates LPT and ADC structures, and communicates findings to executives, boards, regulators, and transaction teams. Manages concurrent projects, supports transaction integration, and mentors actuarial staff.
Summary Generated by Built In
Reporting to the Chief Pricing Actuary, the Manager, M&A Actuarial plays a key role in evaluating acquisition and reinsurance opportunities by providing actuarial assessments of reserves and capital requirements within fast-paced transaction environments. This position supports the M&A team through financial analysis, pricing, transaction structuring, and actuarial due diligence activities to assess the risks and value of potential opportunities. Working closely with senior stakeholders across the organization, the role contributes to informed transaction decisions while maintaining the highest standards of objectivity, professionalism, confidentiality, and commercial judgment.
Job requirements
Job responsibilities
For each M&A project assigned:
Benefits
We believe in taking care of our team and helping our employees thrive both professionally and personally. Our benefits include:
Job requirements
- Qualified Property & Casualty (P&C) Actuary (FIA, FCAS, FIAA, FSA, or equivalent actuarial designation).
- Minimum 7-10 years of actuarial experience within the insurance or reinsurance industry, including significant post-qualification experience.
- Strong experience in reserving and/or pricing across a broad range of P&C insurance and reinsurance classes.
- Demonstrated experience performing actuarial due diligence, reserve reviews, or transaction support activities within an M&A, consulting, legacy, run-off, or corporate development environment.
- Experience developing and reviewing deterministic and stochastic actuarial analyses and communicating clusions to senior stakeholders.
- Experience evaluating and pricing reinsurance structures, including Loss Portfolio Transfers (LPTs), Adverse Development Covers (ADCs), and other legacy transaction structures.
- Proficiency in actuarial reserving and modelling software such as ResQ, or equivalent actuarial platforms.
- Advanced data analysis skills, including data manipulation, reconciliation, and validation using actuarial and analytical tools.
- Proven ability to manage multiple concurrent projects and deliver high-quality work within compressed transaction timelines.
- Experience presenting actuarial findings and commercial recommendations to executive leadership, boards, regulators, clients, or external advisors.
- Previous experience coaching, mentoring, or supervising actuarial analysts and junior actuaries.
Job responsibilities
For each M&A project assigned:
- Lead the evaluation of subject reserves through independent actuarial analysis using both deterministic and stochastic methodologies, and share results with other M&A Actuarial team members to facilitate detailed peer review.
- Review actuarial methodologies, assumptions, reports, and other information received from vendors
- Review data received and perform accurate analysis, manipulation, reconciliation, and loading into actuarial software to support independent actuarial analysis.
- Lead effective engagement with vendor actuaries and claims personnel to gain deeper insights into the subject reserves.
- Perform regulatory capital calculations under Bermuda and/or Solvency II frameworks at both legal entity and Group levels.
- Provide actuarial expertise to support the pricing of contract structures, including Loss Portfolio Transfers (LPTs) and Adverse Development Covers (ADCs).
- Lead the effective communication of due diligence findings through verbal discussions, actuarial reports, memoranda, and presentations to the wider M&A team, Executive Committee, Board, and broader organization, while maintaining strong commercial awareness of associated opportunities and risks.
- Support the integration of successful transactions through knowledge transfer, data sharing, and assistance with Day 1 reserve calculations.
- Manage multiple projects with accuracy and strict adherence to deadlines, regardless of fluctuations in transaction volume.
- Collaborate with other functions within the M&A team and across the wider organization, sharing expertise and providing valuable input.
- Lead, mentor, and develop less experienced members of the M&A Actuarial team, fostering technical excellence and professional growth.
Benefits
We believe in taking care of our team and helping our employees thrive both professionally and personally. Our benefits include:
- Health & Wellness – Comprehensive medical, dental, and vision insurance plans
- Paid Time Off – Generous vacation, sick leave, and paid holiday
- Retirement Plans – 401(k) with company match to help you plan for your future
- Life Insurance – Company-paid basic life insurance, with options to purchase additional coverage
- Work-Life Balance – Flexible work hours and hybrid work opportunities
- Employee Discounts – On products, services, or partner offerings
- Employee Assistance Program (EAP) – Free, confidential support for mental health, legal, and financial counseling
- Parental Leave – Paid maternity and paternity leave
Skills Required
- Qualified Property and Casualty Actuary with FIA, FCAS, FIAA, FSA, or equivalent actuarial designation
- 7 to 10 years of actuarial experience in the insurance or reinsurance industry, including significant post-qualification experience
- Strong reserving and/or pricing experience across a broad range of property and casualty insurance and reinsurance classes
- Experience performing actuarial due diligence, reserve reviews, or transaction support in an M&A, consulting, legacy, run-off, or corporate development environment
- Experience developing and reviewing deterministic and stochastic actuarial analyses and communicating conclusions to senior stakeholders
- Experience evaluating and pricing reinsurance structures, including Loss Portfolio Transfers and Adverse Development Covers
- Proficiency with actuarial reserving and modeling software such as ResQ or equivalent platforms
- Advanced data analysis skills, including data manipulation, reconciliation, and validation using actuarial and analytical tools
- Ability to manage multiple concurrent projects and deliver high-quality work within compressed transaction timelines
- Experience presenting actuarial findings and commercial recommendations to executive leadership, boards, regulators, clients, or external advisors
- Experience coaching, mentoring, or supervising actuarial analysts and junior actuaries
Am I A Good Fit?
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.
Success! Refresh the page to see how your skills align with this role.
The Company
What We Do
RiverStone International is a global insurance specialist that acquires and reinsures legacy and discontinued insurance business. It manages legacy insurance portfolios and liabilities through transactions such as portfolio transfers and company acquisitions, while providing claims services and finality solutions. Its work helps insurers release capital, reduce volatility and operational distraction, simplify strategy, and focus resources on core underwriting businesses and improve returns for stakeholders.
