Senior Assistant Actuary

  • 34517
  • Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • 5 days ago
Reinsurance
RESPONSIBILITIES
  • Develop and implement Prophet Valuation models to produce cash flows and balance sheet entries for regulatory and financial reporting.
  • Develop modelling and process methodologies to optimize the company’s return on capital related to process improvement projects.
  • Provide support on reviews of actuarial software and valuation reporting processes.
  • Understand the company’s current processes, how they interrelate, and relate this information to others in a clear and concise manner.
QUALIFICATIONS
  • Bachelor’s degree in Math, Finance, Statistics, Actuarial Science, or a related field.
  • ASA and 1+ FSA exam.
  • 4+ years of actuarial experience in life insurance.
  • Master's degree in Math, Finance, Actuarial Sciences, Statistics or related field preferred.
  • Experience in valuation or pricing for traditional life business preferred.
  • Expertise in Prophet and/or AXIS.
  • Advanced PC and technical skills, including database applications, spreadsheets, statistical programs and actuarial software knowledge of valuation methodologies commonly used by insurance companies.
  • Advanced oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received.
  • Able to perform the following: Work well within a team environment, participate in department/team projects and balance detail with departmental objectives, quickly adapt to new methods and work under tight deadlines, manage multiple projects simultaneously across physical locations, Liaise with individuals across a wide variety of operational, functional, and technical disciplines.
  • Advanced level of investigative, analytical and problem solving skills, supplemented by a willingness to advance their ability to model various insurance products and reinsurance structures.
  • Understanding of liability modeling techniques preferred.
  • Reinsurance industry and product knowledge preferred.