Actuarial Analyst

  • 34456
  • Non-Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Dec 12, 2018
Insurance
RESPONSIBILITIES
  • Provide actuarial support in the development of new and revised products and services to implement approved strategic initiatives, including product design, investigation of compliance, legal and fiscal regulations, technical specifications and administrative procedures.
  • Support the development of new pricing and testing procedures in order to improve quality and efficiency; review various aspects of a pricing change and make recommendations for product, rate and rule changes.
  • Provide on-going review and improvements of pricing templates and processes for greater automation and accuracy.
  • Support the development of tools and reports for underwriting to ensure strong profitable revenue growth.
  • Support ongoing analysis of the company's current and future financial position to provide management and regulators with relevant information aimed at ensuring its financial strength and stability.
  • Analyze changing market conditions affecting pricing and profit of the products and services; participate in the development of financial models and analyses of the results to determine its long-term financial soundness.
QUALIFICATIONS
  • University Degree in Math, Statistics or Actuarial Science, coupled with a minimum of 2 years’ actuarial experience, preferably in pricing or product development.
  • Must have completed a minimum of 2 SOA or CAS exams with a commitment to continue writing actuarial exams.
  • Previous exposure to VBA and SAS is considered an asset.
  • Advanced skill in using MS Excel and MS Access.
  • Knowledge of various modeling processes, pricing techniques, and forecasting methods.
  • Excellent analytical and decision-making skills.