Assistant Actuary

  • 37106
  • Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Mar 23, 2020
Reinsurance
RESPONSIBILITIES
  • Participate in the ongoing development, implementation, production and enhancement of the company’s Principles-Based Economic Capital models.
  • Collaborate with various businesses and Corporate Modeling to better understand the key risks facing the company and ensure that the Company is adequately capitalized for them. Review projection results to help uncover anomalies and shifts in the business, validating for reasonableness.
  • Apply investigative skill and analytical methods to develop narrative descriptions regarding enterprise capital and risk analysis.
  • Collaborate with risk management associates to describe current company risk management practices and plans, and help identify any shortfalls.
  • Assist other team members with data compilation, validation and analysis related to inforce management.
  • Apply financial reporting concepts and analyze the company’s inforce business.
  • Performs other duties as required.
QUALIFICATIONS
  • Bachelor’s degree in Math, Finance, Actuarial Sciences, Statistics or related field.
  • ASA.
  • 3+ years of actuarial experience in life insurance/reinsurance.
  • Advanced PC and technical skills.
  • Advanced oral and written communication skills demonstrating ability to share and impart knowledge.
  • Ability to quickly adapt to new methods, work under tight deadlines and stressful conditions.
  • Advanced investigative, analytical and problem solving skills.
  • Ability to work well within a team environment and participate in department/team projects.
  • Expert ability to balance detail with departmental goals/objectives.
  • Advanced ability to translate business needs and problems into viable/accepted solutions.
  • Advanced skills in customer relationship management and change management.
  • Ability to manage multiple projects or teams and set applicable goals.
  • Advanced negotiating and persuasion skills.
  • Advanced ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines.
  • General business knowledge.
  • Advanced project management skills. Demonstrates an ability to evaluate project objectives and scope for feasibility and understanding.
  • Advanced knowledge of actuarial mathematics and experience analysis concepts and techniques.
  • Ability to compile, analyze, refine, and interpret large amounts of data.
  • Preferred:
  • Familiarity with reinsurance valuation and/or financial reporting.
  • Experience with Solvency II, or rating agency capital regimes.
  • Knowledge of the company’s pricing, valuation and/or financial reporting standards, systems and processes.
  • Intermediate knowledge of database applications.
  • Computer programming skills.
  • Reinsurance industry and product knowledge.