Longevity Pricing Actuary

  • 38347
  • Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Oct 9, 2020
Reinsurance
RESPONSIBILITIES
  • Understand clients’ needs, requirements and deadlines, establishing case specific assumptions and methodologies.
  • Building and running pricing models in the GGY AXIS pricing system, analyzing and presenting pricing results to management.
  • Ensuring a consistently high level of technical standards and timely delivery of pricing papers, highlighting the key risks and opportunities.
  • Peer review of pricing models and assumptions.
  • Discussing results with SVP, VP Pricing, VP Marketing and Clients.
  • Provide support for Retrocession clients and for internal Boston and Toronto business needs for peer review of corporate projects.
  • Actuarial support for customer management functions.
  • Coordination of assumptions and details of new business transactions with members of the Valuation team.
  • Support the annual process of the development of the new business plan.
  • Support the development of lapse and other experience assumptions needed in pricing new business opportunities.
  • Ad hoc projects.
QUALIFICATIONS
  • GGY AXIS pricing system, Microsoft Excel, Access, R, Tableau, SQL.
  • FSA with strong analytical skills who has a commitment to the Actuarial profession.
  • 3+ years of relevant experience in life insurance and/or reinsurance businesses.
  • Experience working with pricing systems, preferably the GGY AXIS pricing and valuation system.
  • Experience with Microsoft Excel, Access, R, Tableau, SQL.
  • Organized and able to meet tight deadlines with an ability to prioritize multiple projects.
  • Able to follow established procedures and develop complete documentation.
  • Working knowledge of US statutory, US GAAP, Canadian statutory and Economic Capital accounting methodologies is a plus.
  • Motivated individual with the ability to work both independently and as an integral member of a team and with others in the business.
  • Effective written and verbal communication skills, documentation skills and ability to interact with clients in a professional manner.