Senior Actuarial Analyst

  • 37589
  • Non-Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Jun 17, 2020
Insurance
RESPONSIBILITIES
  • Lead or assist in the creation of automated process within reserving as part of our Innovation objectives.
  • Be an integral part of the theoretical interpretation and implementation of actuarial concepts such as discounting, risk adjustment and reinsurance under IFRS 17.
  • Engage with senior stakeholders within Reserving to discuss the impact of IFRS 17 on reserving results and wider impact across the business.
  • Assist in the integration of the IFRS 17 applications into the overall company architecture with automated data flows to and from actuarial and accounting systems.
  • Work with Finance and IT representative to agree on data to be used for configuration.
  • Develop and maintain a good understanding of how the IFRS 17 solution fits into the Company’s financial reporting architecture.
  • Be an integral part in the development, testing and validation of IFRS 17 actuarial and finance models.
  • Work with Risk and Capital team to assess the IFRS 17 impact on Minimum Capital Test, Financial Conditions Testing and Own Risk and Solvency Assessment.
  • Understanding of control framework within the IFRS 17 architecture.
QUALIFICATIONS
  • Degree in actuarial science, mathematics or related field.
  • Min 3 years’ experience, previous experience within Reserving is a plus.
  • Progression on Actuarial exams.
  • Strong analytic skills with the ability to work through the technical implementation details while appreciating the big picture.
  • Strong team player who is also able to work independently.
  • Excellent interpersonal and communication skills - ability to establish and maintain good working relationships with other departments.
  • IFRS 17 knowledge desirable - ability to quickly learn and apply measurement models.
  • Strong technical knowledge with MS Excel.
  • Working knowledge of Python would be an asset or willingness to learn.