• 39324
  • Non-Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Mar 18, 2021
  • Lead the creation of automated process within reserving as part of our IFRS 17 objectives;
  • Be an integral part of the theoretical interpretation and identification of requirements related to the new standard focusing on actuarial concepts;
  • Be an integral part in the development, testing and validation of IFRS 17 actuarial models;
  • Assist in the integration of the actuarial IFRS 17 applications into the overall company architecture with automated data flows to and from actuarial and accounting systems - work with Finance and IT representative to achieve this;
  • Develop and maintain a good understanding of how the IFRS 17 solutions fit into the Company’s financial reporting architecture with special focus on actuarial models/processes;
  • Work with Risk and Capital team to assess the IFRS 17 impact on Minimum Capital Test (MCT), Financial Conditions Testing (FCT) and Own Risk and Solvency Assessment (ORSA); and
  • Participate in the creation of training material and provide training aimed at reserving - including senior stakeholders - to discuss the impact of IFRS 17 on reserving results and wider impact across the business;
  • Understand the control framework within the IFRS 17 architecture related to actuarial solutions.
  • Degree in actuarial science, mathematics or directly related field;
  • Min 5 years experience, previous experience within Reserving is a plus;
  • ACAS or progression on Actuarial exams is a must;
  • Strong analytic skills with the ability to work through the technical implementation details while appreciating the big picture;
  • Strong team player who is also able to work independently;
  • Excellent interpersonal and communication skills;
  • IFRS 17 knowledge desirable;
  • Strong technical knowledge of MS Excel;
  • Working knowledge of Python would be an asset or willingness to learn.