Actuarial Analyst

  • 37583
  • Non-Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Jun 17, 2020
  • Develop and verify sources of data for analysis through the development of computer programs, or program specifications, and ensure that data used is sufficient, current, and accurate.
  • Develop, implement, and maintain mathematical models and simulations to analyze rate adequacy and other pricing-related analysis.
  • Prepare pricing proposals that are in line with business/strategic directions set by senior management.
  • Run and modify existing programs, and develop new programs, to perform statistical analysis and access various databases used in the analysis of past experience and implementation of pricing reviews.
  • Investigate anomalies in data in order to ensure the development of the most accurate and practical proposals.
  • Assist in production of Regulatory Filings and other reports related to Pricing.
  • Compile and analyze company data for pricing analysis.
  • Compile and analyze company premium and loss data using standard actuarial techniques to determine rate adequacy.
  • Research applicable statutes and precedents in order to prepare supporting materials for the preparation of relevant reports for submission to regulatory authorities.
  • Implement systems rate file changes and produce rate pages where required.
  • Provide assistance and training to other employees to efficiently use standard actuarial techniques.
  • Other related duties as assigned.
  • Sc. in Actuarial Sciences, or Bachelor or Master’s Degree in Mathematics or a related quantitative discipline preferred or other related degree with major in Actuarial Science.
  • Fluently bilingual in English and French.
  • Successfully passing a minimum of 3 or more Casualty Actuarial Society exams.
  • Computer literate.
  • Basic knowledge of insurance products and the insurance distribution process.
  • Knowledge of data processing systems and programming.
  • Working knowledge of advanced mathematical theory and mathematical programming languages.
  • Good working knowledge of rate-making and/or reserving policies and procedures.
  • Working knowledge of legal statutes regulating the insurance industry.
  • Strong research and analytical skills.
  • Strong interpersonal skills.
  • Good communication skills.
  • Ability to explain complex terms/processes in simple language.
  • Team player.
  • Adaptable/flexible.
  • Ability to establish and manage both work and personal development plans.