Actuarial Analyst

  • 36130
  • Non-Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Oct 25, 2019
Reinsurance
RESPONSIBILITIES
  • Maintain and improve internal reserving databases, including reserve class mappings and data reconciliation.
  • Maintain quarterly reserving system files including rolling forward projects each quarter and importing the most recent data.
  • Calculate the initial reserve projections based on different assumptions/methodologies.
  • Perform actual versus expected analysis, including explanation of large movements during the quarter.
  • Produce quarterly underwriting year/accident year exhibits for management, group reserve and board meetings.
  • Monitor losses due to catastrophic events.
  • Develop improvements in methods and procedures as necessary to improve efficiency of reserving procedure.
  • Assist with technical accounting to complete quarterly reports to P&C and year-end reports for OSFI.
  • Assist in preparing Appointed Actuary Report annually.
QUALIFICATIONS
  • Completed Bachelor’s degree in actuarial science, mathematics, statistics, finance or any other major with significant quantitative course work with a minimum overall GPA of 3.0.
  • Successful completion of 2 or more actuarial exams highly preferred.
  • 2+ years of P&C reserving work experience.
  • Excellent Microsoft Excel skills.
  • Strong written and oral communication skills.
  • Well organized and detail oriented.
  • Interest and ability to think beyond the task at hand.
  • Strong analytical and integrative skills.