Actuarial Consultant

  • 39364
  • Non-Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Mar 25, 2021
Insurance
RESPONSIBILITIES
  • Oversee the timely and accurate completion of reporting associated with monthly, quarterly and annual loss reserving, profitability analyses and both internal and external financial reporting, including processes related to monthly/quarterly financial reporting and regulatory reporting
  • Participate in the design and development of changes to the reserving process including additional automation, enhanced segmentation, increasing alignment with other stakeholders etc
  • Participate in the design and development of additional metrics and key indicators to enhance current analyses and reporting
  • Interact and provide assistance to the strategic risk, planning and special projects teams
  • Act as a primary contact with other departments and external consultants on reserving operations and reporting matters
  • Provide direction for the team to align with the strategic and business needs by aligning processes and analyses to support company activities
  • Oversee actuarial processes related to loss reserve reporting and internal/external financial reporting, including data collection and regulatory/rating agency reporting
  • Communicate analysis results to management teams
  • Recommend and implement enhancements to the reserving and projection process to improve process efficiencies and model parameterization, improve the ability to quickly translate actuarial analysis results into useful management information, and leverage analyses, tools and information across department functions
  • Ensure that all analyses, reports and documentation are compliant with internal company policies, regulatory requirements and professional standards of practice
QUALIFICATIONS
  • University degree in Actuarial Sciences or a relevant discipline
  • Preference for a Fellow of the Casualty Actuarial Society or Fellow of an international actuarial organization equivalently recognized by the Casualty Actuarial Society
  • Must have at least 5 years of relevant experience; preference for at least 3 years of experience managing people
  • Strong technical skills including advanced knowledge of Microsoft Excel, Microsoft Access, and preference for skills with ResQ or similar valuation software, Tableau, other programming applications such as R, Python, or SAS
  • Very strong leadership, communication and project management skills to successfully promote and supervise a team effort toward project completion
  • Able to perform well in a busy operation and remain calm under pressure
  • Team player, adaptable to a changing and fast-paced environment