Actuarial Manager

  • 35520
  • Non-Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Jul 22, 2019
Insurance
RESPONSIBILITIES
  • Lead the IFRS 17 interpretation of the standard for the Corporate Actuarial function of the General Insurance business and support in the implementation.
  • Perform a gap assessment and evaluate the impact of the new standards working closely with the Chief Accountants Office, Finance, Pricing, technology, and the IFRS 17 Business Project team.
  • Actively participate in development of the proof-of-concept with IFRS 17 vendors and participate in the vendor solution selection process.
  • Participate in Industry working groups regarding IFRS 17.
  • Research and remain current with industry development with respect to IFRS 17 and incorporate findings with recommendations and actions.
  • Keep abreast of emerging issues, trends, and support the changes to regulatory requirements and ensuring communication to team Leads as well as the development and design of new controls to ensure the integration into existing process is robust.
  • Focus on auditability of new standards with high level of interaction and consultation with internal auditors, model validation group, external auditors and external consultants during the implementation process.
  • Ensure an integrated and aggregated view of all related activities providing escalations, recommendations, and decision support to leadership.
QUALIFICATIONS
  • Bachelor degree in Actuarial science, or other quantitative area of study.
  • Associate or Fellow of the Casualty Actuarial Society.
  • Minimum 7 years of relevant Property & Casualty actuarial experience.
  • Strong analytical/problem-solving skills.
  • Autonomous and perseverant; shows initiative and creativity in his/her work.
  • Effective communication in English, both verbally and in writing.
  • Ability to communicate and work collaboratively with various IFRS 17 stakeholders.