R&D Actuary

  • 33854
  • Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Jul 5, 2018
Reinsurance
RESPONSIBILITIES
  • Support the R&D Teams across the Division through peer review, sharing of resources and project work.
  • Develop mortality, critical illness, longevity and disability bases through analysis of internal and external data and a thorough understanding of the distribution and risk landscape in the markets.
  • Support Actuarial Research projects in respect of non-business-as-usual work streams across all lines of business.
  • Work with Pricing, Underwriting & Marketing Teams in respect of product development, pricing innovation and ad-hoc projects around the Division.
  • Provide tangible support to the life reinsurance quoting process via analysis of available experience data in addition to supporting the Pricing Team in setting key pricing assumptions for quotations.
  • Contribute to the development of vital data, processes and knowledge to support the development of pricing bases for new product or market initiatives.
  • Support the development and calibration of the divisional economic capital model in terms of quantifying insurance risk.
  • Ensure the company maintains a cutting edge level of technical, research and industry knowledge in respect of mortality, morbidity and longevity risk.
QUALIFICATIONS
  • Part Qualified Fellow of the Institute or Faculty of Actuaries or Society of Actuaries other similar organization.
  • Strong understanding of actuarial principles and processes, such as the control cycle.
  • Strong analytical abilities.
  • Strong communication and presentation skills.
  • Business awareness.
  • Awareness of systems including, but not limited to, Access, Excel, Emblem, R, SQL.
  • Knowledge of stochastic projection techniques.
  • Experience of actuarial techniques such as Generalized Linear Models and Survival Models.
  • Organizational skills.
  • Demonstrates an appropriate level of technical skills for their role and an appreciation of current issues affecting their profession and the life reinsurance industry.
  • Communicates in a clear and practical manner both verbally and in writing and participates actively in meetings.