Associate Actuary

  • 39071
  • Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Feb 8, 2021
Reinsurance
RESPONSIBILITIES
  • Develops and/or reviews financial results and projections for existing reinsurance transactions.
  • Works to ensure that the risks for all assigned deals have been modeled in a reasonable, accurate, and repeatable manner.
  • Monitors in force transactions to maximize value and ensure risks taken are appropriate for the benefits received.
  • Completes financial reviews of clients and risk assessments for new transactions
  • Fosters positive relationships with key stakeholders
QUALIFICATIONS
  • Bachelor’s degree in Math, Finance, Actuarial Sciences, Statistics, or related field
  • FSA
  • 6+ years of actuarial experience in life insurance or annuities
  • MAAA accreditation
  • 1+ years of actuarial experience in life or annuity reinsurance
  • Advanced PC and technical skills, including spreadsheets and actuarial software.
  • Advanced oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received
  • Advanced investigative, analytical and problem solving skills
  • Advanced ability to manage multiple projects simultaneously
  • Ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines
  • Advanced interpersonal skills, demonstrating the ability to work effectively with different disciplines, including pricing, investments, finance, valuation, systems, and administration.
  • Advanced ability to model various insurance products and reinsurance structures.
  • Demonstrated ability to evaluate project objectives and scope for feasibility and understanding.
  • Knowledge of life, health, and/or annuity products.
  • Expertise in MoSes, Prophet, and/or AXIS.
  • Familiarity with basic principles of economic-based financial reporting frameworks, such as Economic Capital and Embedded Value.
  • Familiarity with database applications.
  • Familiarity with life insurance reporting standards, including: statutory, tax, and GAAP reporting.
  • Reinsurance industry and product knowledge.