Actuarial Manager

  • 37791
  • Non-Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Jul 23, 2020
  • Owner of the month-end productions for both CGAAP and SII Technical Provision.
  • Owner of the post-production work stream to promote overlap in skill and knowledge on critical processes, identify and implement efficiency improvements and build enhanced future state platform.
  • Accountable for adequacy of policy liability provisions.
  • Provide transparent, timely and insightful communication of quarterly valuation results and monthly projections.
  • Quarterly reserve review and collaborate with Claims team to identify areas of concerns and key drivers of the results.
  • Quarterly delivery of reconciled data to other Reserving Managers for Reserve Review purposes.
  • Quarterly review and preparation of bookings for IBNR allocation to the legal entities and regions.
  • Annual preparation of the Actuary’s Report for all the company’s legal entities.
  • Liaise with external peer reviewers and auditors for year-end related inquires.
  • Support Finance for successful delivery of monthly financial packages and quarterly regulatory reporting.
  • Collaborate with Reinsurance area on commutations, assumed and ceded IBNR analysis.
  • Provide regular performance feedback and ensure career development plans in place for all employees.
  • Accountable for employee engagement and ensure sufficient depth of talent for succession and coverage.
  • B.Math/Actuarial Science.
  • Near Fellow or Associate of the Casualty Actuarial Society.
  • Five years actuarial experience.
  • Strong knowledge of CIA Standards of Practice, Canadian IFRS and regulatory requirements.
  • Good knowledge of actuarial reserving, process control techniques and insurance company operations and products.
  • Ability to present and explain complex technical issues to Actuaries and non-Actuaries.
  • Strong analytical skills.
  • Fundamentals of data management.
  • Ability to lead and develop employees through hiring, technical growth and performance management.