Senior Analyst

  • 37802
  • Life - Investments
  • |
  • Ontario, Canada
  • |
  • Jul 24, 2020
  • Create insurance liability models, focusing on reserve and capital calculations for US and Canadian companies based on appropriate regulatory standards, such as IFR17 and USGAAP.
  • Develop IFRS17 library based on International Accounting Standards Board guidance.
  • Create and maintain financial statement projection models under IFRS17.
  • Create and maintain financial asset models for use in balance sheet projections of financial services companies.
  • Develop and maintain Economic Scenario Generators used in the valuation of financial assets and insurance liabilities.
  • Further the development of robust processes for hedging, strategic asset allocation, scenario generator calibration, insurance company financial reporting, etc.
  • Participate in the expansion of company functionality as the need arises or as requested by clients.
  • Support the development of models and processes for companies.
  • Provide hands-on training for users.
  • Develop standalone training reference materials for users.
  • Identify shortfalls in company processes and propose improvements.
  • Troubleshoot issues as they arise during migrations, focusing on providing a strong initial user experience.
  • Participate in demonstrations to potential clients.
  • Develop models specific to client requirements.
  • Participate in industry, academic and internal research projects.
  • Develop and deliver presentations on emerging issues pertaining to the insurance industry and the financial services industry.
  • Attend industry and client conferences.
  • Must be an Actuary.
  • Familiar with IFRS17.
  • Python/R/Matlab Scripting programming experience.
  • University degree in a quantitative or related discipline is required.
  • Python/R/Matlab Scripting programming experience is required.
  • Comfortable with local economic scenarios generators.
  • Familiar with stochastic-on-stochastic simulations for Life Insurance products with embedded financial guarantees.
  • Familiar with IFRS17 standards.
  • FSA/ASA designation or equivalent.
  • Experience working in insurance industry in a pricing/hedging/valuation role.
  • Experience working in P&C insurance industry a plus.
  • Experience working with financial guarantees embedded in life insurance products a plus.
  • Derivatives knowledge a plus.