Actuarial Analyst

  • 35979
  • Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Oct 7, 2019
Insurance
RESPONSIBILITIES
  • Support the preparation and analysis of consolidated quarterly reporting including quarterly Earnings by Source, reserve and PfAD movement, valuation assumption changes, and ALM/earnings sensitivities.
  • Support the preparation of the annual Appointed Actuary Report for both the enterprise and the Canadian insurance subsidiary.
  • Prepare model design specifications to fulfill business requirements and perform iterative tests to validate outputs from AXIS for actuarial calculations.
  • Support implementation of model and process improvements to drive ongoing value from department reporting and analysis.
  • Maintain appropriate actuarial process documentation consistent with professional actuarial standards and in compliance with all applicable legislation.
  • Keep up to date with current and future financial reporting changes and the corresponding evolution of industry standards. Identify and monitor emerging regulatory and supervisory developments, such as LICAT, IFRS 17, and assess implications by providing actuarial expertise.
  • Assist in preparation of quarterly risk reporting for the department.
  • Develop collaborative working relationships with key stakeholders within Corporate Actuarial, Capital Management, Product Actuarial, Finance, IT and the Actuarial Transformation and IFRS 17 teams.
QUALIFICATIONS
  • Currently writing Society of Actuaries exams with the intention of achieving the FSA & FCIA designations.
  • Experience working with various analytic systems. This would include the business modeling and valuation system, Microsoft Office software and databases.
  • Knowledge of Canadian and U.S. valuation and solvency regimes.
  • Knowledge of the financial services industry and financial products: life insurance, annuities, segregated funds, mutual funds for both Canada and the U.S.
  • Knowledge of professional standards, laws, regulations and guidance issued by the Canadian Institute of Actuaries, the Society of Actuaries and the American Academy of Actuaries, including standards of practice and professional standards.
  • Strong time management skills and ability to multi-task and respond to evolving organizational needs.
  • Must have the ability to present ideas and negotiate through effective communication across multiple disciplines and at all levels, both internally and externally.
  • Highly self-motivated to research issues independently.
  • Excellent report writing and communications skills.