Actuarial Associate/Actuary

  • 37228
  • Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Apr 17, 2020
Reinsurance
RESPONSIBILITIES
  • Research and review the evolving IFRS 17 guidelines to develop company specific policies.
  • Create and review business requirement related to process/modelling changes driven by the new standard.
  • Analyze the and research on Life Insurance Capital Adequacy Test requirements under IFRS 17.
  • Support the OSFI Quantitative Impact Studies for LICAT under IFRS 17.
  • Support the creation of the company’s financial reporting process under IFRS 17 by interpreting and providing feedback on how the company’s policy position decisions will impact the technology and IFRS 17 reporting process.
  • Proactively build and maintain awareness of international capital standard development.
QUALIFICATIONS
  • 5+ years life insurance experience.
  • Prior Experience with IFRS 17, LICAT an asset.
  • FSA/FCIA or equivalent Actuarial designation, near fellow with prior policy experience will also be considered.
  • Ability to work independently and perform research in unfamiliar areas.
  • Proficient people skills, essential in building and managing relationships within the organization.
  • Experience modeling in AXIS.
  • Proficiency in Microsoft Office Suite and Excel.
  • High degree of personal competence.
  • Ability to maintain effective control environment.
  • Ability to communicate with peers and staff.
  • Ability to work effectively in a team environment.
  • High degree of accountability.
  • Ability to handle multiple assignments communicating prioritizations to required levels.
  • Highest degree of professional ethics.
  • Strong interpersonal skills & effective communicator.
  • Demonstrated analytical, problem-identification and resolution skills with attention to detail.