Actuary - Risk Quantification

  • 34943
  • Non-Life - Other
  • |
  • Ontario, Canada
  • |
  • Mar 21, 2019
  • |
  • Billingual (English & French)
  • Quantification and reporting of company’s insurance program premium and claim liabilities including setting of insurance risk parameters such as frequency and severity.
  • Quantification and reporting of company’s insurance program financial performance.
  • Quantification of the company’s Economic Capital for insurance risk.
  • Quantification of liabilities and capital requirements arising from specific transactions or portfolios of business.
  • Forecasting and stress testing of future capital requirements arising from the Corporate Plan.
  • Contribution to the Risk Quantification Team’s ongoing process efficiency improvements.
  • Continual review of the company’s risk quantification methodologies.
  • Documentation of internal processes.
  • Maintaining team capability with respect to regulatory standards.
  • Completed an Undergraduate Degree in Actuarial Science or in Mathematics or in a related field.
  • Minimum ACAS or ASA designation.
  • Minimum 7 years’ experience in actuarial analysis and risk management.
  • Knowledge of actuarial principles and practices.
  • Advanced analytical and financial risk assessment skills.
  • Advanced Microsoft Excel skills, including VBA.
  • Advanced programming skills in data manipulation and experience in the management and manipulation of large and complex data files.
  • Strong preference will be given to bilingual candidates.
  • Assets: Active pursuit of actuarial designation, Advanced skills in using risk quantification and simulation tools such as @RISK, R, etc.