Pricing Actuary

  • 38907
  • Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Jan 20, 2021
Reinsurance
RESPONSIBILITIES
  • Create, maintain and validate output for GGY AXIS models.
  • Peer review modeling performed by other team members.
  • Ensure models meet local governance and corporate guidelines, recommend model enhancements to reflect best practices, and update models as needed for regulatory changes.
  • Create and maintain documentation of pricing materials to support internal peer review and internal approval discussions; finalize documentation for handoff to valuation and to satisfy audit requests.
  • Review client data against a checklist to ensure completeness for modeling, and communicate with teammates and external clients as needed to request information.
  • Support assumption development as needed based on data provided by client for mortality, lapse, and distribution for Pricing team.
  • Review experience for existing reinsurance clients’ to ensure that profitability is emerging as expected, and recommend changes to modeling and/or assumptions as necessary, during re-quoting
QUALIFICATIONS
  • Relevant experience in life insurance and/or reinsurance.
  • Deep knowledge of GGY AXIS software (or comparable actuarial modeling system).
  • Familiarity with life pricing and/or product development.
  • Proficiency in Microsoft Office Suite, Advanced Excel.
  • Knowledge of other programs such as R, SQL, Tableau, Python, is a plus