Senior Actuarial Associate

  • 39175
  • Non-Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Feb 25, 2021
Insurance
RESPONSIBILITIES
  • Support in implementing and monitoring of the enterprise risk framework
  • Perform and manage FCT analyses
  • Support all work on Own Risk Solvency Assessment and reporting to OSFI.
  • Draft the FCT/ORSA Reports and Board presentations.
  • Understand financial data and statements, working closely with the department to extract/obtain capital planning inputs.
  • Keeps abreast of Canadian P&C industry knowledge and developments.
  • Work with the team to build IFRS17 knowledge and assist with transition of FCT analysis.
  • Assists in other risk management work including capital planning, risk reporting requirement
  • Responsible for quarterly assessment of claims and premium liabilities
QUALIFICATIONS
  • A Bachelors’ Degree in Actuarial Sciences, Statistics or other similar fields
  • The ACAS/ACIA designation and working towards the FCIA would be considered a strong asset
  • 5+ years of knowledge and experience in the property & casualty industry. Experience with reserving and financial forecasting preferred
  • Strong knowledge and understanding of FCT would be considered a strong asset
  • A strategic thinker with strong business acumen and problem solving skills
  • A strong communicator with excellent written and interpersonal skills
  • Superior attention to detail and accuracy as well as solid analytical and abstract reasoning skills
  • Demonstrates sound judgement in actuarial decision making as well as technical decisions
  • Strong organization skills, with the ability to analyze current processes and procedures and recommend and implement improvements
  • Ability to work independently and in a team environment
  • Ability to work with all areas of the company collaboratively to achieve results under tight deadlines
  • Advanced Software/ application knowledge including - MS Word, Excel and PowerPoint. Knowledge of MS Access, and Power BI will be considered a strong asset
  • Ability to handle a number of diverse projects and coordinate the activities of others in a performance oriented culture
  • Bilingual in English and French would be considered a strong asset