Actuarial Analyst (remote)

  • 40651
  • Non-Life - Actuarial
  • |
  • Canada
  • |
  • Oct 3, 2023
  • Acquire the underlying claims and policy data from the Corporation’s Enterprise Data Warehouse.
  • Liaise with applicable departments and committees to acquire and develop business knowledge.
  • Perform complex actuarial analyses using actuarial and/or statistical tools, techniques, and software.
  • Maintain and update the ratemaking methodology based on business needs and industry best practices.
  • Maintain and conduct analysis for the Driver Safety Rating program.
  • Provide pricing estimates for new product or coverage proposals.
  • Determine actuarially sound rates for the Basic line of business.
  • Determine actuarially sound rates for Extension and Commercial lines.
  • Conduct quarterly valuations of policy liabilities and monthly monitoring of actuarial reserves.
  • Prepare the annual review of Policy Liabilities for the Appointed Actuary, and the relevant sections of the Corporation’s Annual Financial Statement.
  • Build, maintain, and update stochastic models as part of the Corporation’s Financial Condition Testing (FCT) analysis.
  • Comply the annual Financial Condition Testing (FCT) report.
  • Perform pricing and commutation analysis for the Corporations’ reinsurance contracts
  • Experience in providing guidance and constructive feedback to peers.
  • Working knowledge of SAS (Statistical Analysis System) is desired.
  • Working knowledge of R, SQL, and Python would be considered an asset.
  • Advanced Microsoft Excel and VBA skills.
  • ->SALARY: 80-100k