Reserving Actuary

  • 35368
  • Non-Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • May 8, 2020
  • Produce work of a high standard which is accurate and timely.
  • Assist in data compilation / data management.
  • Responsible for the overall process of performing actuarial valuation activities, encompassing the following:
  • valuation / analysis of policy liabilities in relation to company business o valuation / analysis of industry experience related to private passenger vehicle, commercial vehicle, motorcycle in applicable jurisdictions as required;
  • preparing presentations / reports to various internal and external parties on valuation related analysis, including but not limited to the Appointed Actuary, the Actuarial Committee, the Audit & Risk Committee, the Membership, applicable regulators.
  • valuation implementation impact support;
  • responses to questions on valuation related analyses, include valuation related questions arising from rate applications.
  • Provide actuarial support as direct in relation to: analysis of automobile insurance trends; projection of monthly results for financial reporting purposes.
  • Document all work product clearly and fully.
  • Assist in supporting needs of, and work collaboratively with, external actuarial resources as needed.
  • Assist in the preparation of meetings related to various committees as needed.
  • Provide actuarial support to other departments.
  • Continue to develop technical skills and meet all professional standards and requirements.
  • University or college degree in actuarial science, mathematics, statistics, engineering, computer science.
  • Fellow in good standing of the Canadian Institute of Actuaries.
  • 6-10 years of experience in Property & Casualty insurance related to valuation / reserving.
  • Ability to communicate ideas and decisions clearly and effectively, with particular emphasis on strong written communication skills.
  • Excellent time management and organizational skill.
  • Strong analytical skills.
  • Ability to work under tight deadlines.
  • Strong interpersonal skills.
  • Positive, team-oriented attitude.
  • Ability to be flexible, learn quickly and adapt to changes in technology and techniques.
  • Strong knowledge of Microsoft Office software.
  • Assets:
  • Experience in valuation application ICFRS.
  • Experience in database management.
  • Experience using GISA/IBC data and exhibits.