• 37083
  • Life - Actuarial
  • |
  • British Columbia, Canada
  • |
  • Mar 19, 2020
  • |
  • Billingual (English & French)
  • Participate in the development of new products and the management and improvement of existing ones.
  • Will be responsible for the pricing of all products.
  • Responsible for establishing the theoretical rate bases for group insurance.
  • Supervise the production of mortality and morbidity studies as well as expenditure studies.
  • Participate in defining the position of group insurance in the face of legislative developments or changes in the competitive environment.
  • Identify the exposure to risks, measure them and propose necessary actions to control them.
  • Establish group insurance reserve bases and supervise the monthly calculation, as well as the projection of cash flows for matching purposes.
  • Participate in the negotiation of reinsurance treaties and monitor their application.
  • Be responsible for reinsurance strategies and propose corrective actions if necessary.
  • Be responsible for the accounting operations, in particular at the level of premium management and the control of paid benefits.
  • Prepare and analyze the business line financial planning model.
  • Participate in the audit of financial statements.
  • Be responsible for the development and implementation of information systems allowing the effective analysis and management of exposure to risk.
  • Participate in projects to acquire blocks of business or companies; the role of the Director is to determine the profitability of prospective projects and ensures that it fits within corporate objectives.
  • Liaise as needed with strategic partnerships of the division.
  • Ensure that partners are compliant with Solutions pricing and that they adhere to procedures and policies.
  • University degree in Actuarial Science, Statistics, Mathematics or similar.
  • Must have 10 or more years of relevant work experience within the Insurance industry.
  • Experience within a Group setting would be preferred.
  • Successful completion of FSA, FCIA, ASA designation or equivalent.
  • Strong technical, analytical and problem solving skills.
  • Excellent communication and interpersonal skills.
  • Have excellent leadership skills with ability to build and develop a strong team, gain respect, credibility and confidence.
  • Bilingualism in French would be considered an asset.
  • Experience working in actuarial oversight function, with advanced knowledge of pricing, valuation, risk management and reserving functions.