What are the responsibilities and job description for the Strategic Initiatives Consultant position at Equitable?
Strategic Initiatives Consultant
(250000OZ)
Primary Location : BERMUDA-HAMILTON-HAMILTON
Organization : Equitable
Schedule : Full-time
Description
At Equitable, we help clients secure their financial well-being so they can pursue long and fulfilling lives- a mission we've honed since 1859.
The Strategic Initiatives Consultant will be a key member of our newly formed Strategic Initiatives team. This role offers a unique opportunity to influence high-impact projects and drive innovation in reinsurance strategy. You will collaborate across actuarial, finance, and operational teams to deliver solutions that shape the future of our business.
This role is based in Bermuda. Preference will be given to those candidates who have current Bermuda work authorization.
What We Are Looking For
- Coordinate cross-functional teams—including model development, finance, and legal—to successfully close reinsurance transactions.
- Analyze, price, and implement new flow and reinsurance transactions in partnership with Stat/Bermuda Valuation and Finance teams.
- Review Bermuda EBS valuation and stress testing results for in-force variable annuity businesses.
- Support assumption reviews, valuation methodology research (Stat/GAAP), and stress testing initiatives.
- Provide guidance on methodology, governance, and modeling for transaction implementation.
- Collaborate with teams on model development and assumption setting for new product development and reinsurance activities.
- Other responsibilities as assigned.
The base salary range for this position is $100,462 - $160,740. Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility.
For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below.
Equitable Pay and Benefits: Equitable Total Rewards Program
Qualifications
What You Will Bring
- Bachelor's degree in Mathematics, Statistics, Economics, or Actuarial Science.
- ASA or FSA designation.
- Familiarity with reinsurance accounting or capital management.
- Preferred: Knowledge of AXIS, Variable Annuities, and IFRS / US GAAP / US Stat / MCEV frameworks.
Skills
- Accuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
- Effective Communications: Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.
- Managing Multiple Priorities: Knowledge of effective self-management practices; ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation.
- Statistics and Actuarial Modeling: Knowledge of statistical and actuarial modeling tools and techniques; ability to apply modeling processes and techniques to facilitate risk management decisions.
- Connection & Engagement Opportunities: We strive to cultivate an environment where our diverse global workforce can connect and thrive by treating everyone with respect and dignity, ensuring all voices are heard and advocating for change.
Location
The role will be based in our offices at Bermuda Cedar House, 2nd Floor, 41 Cedar Avenue, Hamilton, HM 12 with a minimum 2-year assignment duration.
About Equitable
At Equitable, we're a team committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives.
We turn challenges into opportunities by thinking, working, and leading differently – where everyone is a leader. We encourage every employee to leverage their unique talents to become a force for good at Equitable and in their local communities.
We are continuously investing in our people by offering growth, internal mobility, comprehensive compensation and benefits to support overall well-being, flexibility, and a culture of collaboration and teamwork.
We are looking for talented, dedicated, purposeful people who want to make an impact. Join Equitable and pursue a career with purpose. Click Careers at Equitable to learn more
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Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.
NOTE: Equitable participates in the E-Verify program.
If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position, please contact Human Resources at or email us
Salary : $100,462 - $160,740