Actuarial Analyst / Senior Actuarial Analyst

  • 36884
  • Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Feb 24, 2020
Insurance
RESPONSIBILITIES
  • Prepare model design specifications to fulfil required actuarial calculations under IFRS 17.
  • Develop IFRS 17 ready actuarial models in AXIS according to project implementation timeline.
  • Support development and implementation of AXIS model best practices.
  • Design and implement automated and auditable processes for assumptions management, model creation, model runs, reporting and analysis.
  • Perform iterative test runs to validate outputs from AXIS meets business requirements.
  • Work closely with IT to communicate data requirements and resolve issues, if any.
  • Conduct UAT on the requested new data and provide feedback on findings.
  • Participate in the implementation of IFRS 17 engine and reporting solution to be fully integrated with the valuation and reporting process.
  • Support ongoing efforts to improve model governance and model risk management functions.
QUALIFICATIONS
  • ASA to near FSA level with 3+ years of life insurance experience in actuarial roles.
  • Proficiency in actuarial software, AXIS/Datalink and expertise with Excel, VBA and SQL Server.
  • Ability to communicate clearly and explain technical concepts in an easy to understand manner.
  • Working knowledge of Canadian and U.S. valuation and solvency regimes.
  • Fast learner, results-oriented with strong analytical and problem-solving skills.
  • Self-motivated and able to work effectively as part of a team.
  • Excellent report writing and communications skills.
  • A good understanding of IFRS 17 would be an asset.