Actuarial Jobs in North York, ON
Last updated: 1 day ago
Actuarial Assistant / Analyst, Product Actuarial – 12 month contract
Foresters FinancialToronto, OntarioSenior Actuarial Advisor
DesjardinsTorontoActuarial Consultant / Actuarial Associate Consultant
LifeWorksToronto, Ontario, CanadaSenior Actuarial Analyst
Swiss ReToronto, ON, CADirector, Actuarial
Intact Financial CorporationToronto, Ontario, CANSenior Actuarial Consultant
Zurich Insurance CompanyToronto, ON, CAActuarial Analyst / Senior Actuarial Analyst
AvivaMarkhamSenior Actuarial Consultant
Zurich CanadaToronto, ONActuarial Analyst
LyftToronto, CanadaManager Actuarial, Personal Lines Actuarial Pricing
Northbridge Financial CorporationToronto, ONActuarial Analyst III Corporate Actuarial
Meloche Monnex Inc.Toronto, OntarioActuarial Analyst
AIGTorontoManaging Director, Actuarial Services
RSMTorontoActuarial Associate, Life Pricing
ivariHead Office, Toronto, ON, CA Show moreLast updated: 30+ days ago
Sr Actuarial Analyst, Corporate Actuarial
DefinityNorth York, ONT, CanadaActuarial Consultant / sr Actuarial Analyst-commercial
Wawanesa InsuranceNorth York, ONSenior Manager, Actuarial Services
ScotiabankToronto, ONActuarial Assistant / Analyst, Product Actuarial – 12 month contract
Foresters FinancialToronto, Ontario30+ days ago
Salary
CA$67,017.43 yearly
Job type
- Full-time
Job descriptionBachelor’s degree in mathematics, science, business, economics, or another relevant field One (1) year of actuarial experience in a life or health insurance company an asset Demonstrated progress through the SOA and CIA education and examination process Communication skills required to progressively deal with both technical and non-technical audiences with diverse professional backgrounds Capable of performing bottom up checking of processes or models to ensure accuracy of results Develop ability to recognize when models or analysis contains errors and troubleshoot Demonstrated ability to recognize when conflicting information or lack of information could affect analysis and work with manager or teammates to resolve Proactively recommend possible solutions, including ones based on knowledge acquired by passing actuarial exams Ability to become expert with Moody’s AXIS and Microsoft Excel, Word, PowerPoint essential. Current experience with these tools an asset. Innovative thinker and problem solver Willingness to think outside the box, especially from a contrarian perspective Ability to develop project and time management skills as responsibilities increase Develop and maintain current knowledge of life insurance products in the U.S. and Canada Begin to gain familiarity with product regulations and other external standards Begin to develop familiarity with other Foresters Corporate / Group functions such as financial reporting, ALM, Capital Management, Risk Management or Business Planning
Job Description
Key responsibilities / accountabilities
- Support pricing actuaries in the production of deliverables for product initiatives in partnership with Product Management
- Understand how pricing models work and detect potential model errors, including the impact of changing assumptions or inputs on the output of the model
- Become familiar with Moody’s AXIS software to support development of high quality pricing models
- Follow pricing guidelines, standards, and policies while supporting development of pricing assumptions and production of cash flow projections, profit metrics, and other model output
- Contribute written content to product reports and continue to build knowledge and expertise in preparation for presenting pricing analysis to Actuarial Advisory Group
- Provide visibility to pricing actuaries on opportunities to improve existing processes or risks associated with work being performed
- Support the production of performance monitoring and planning deliverables such as Value of New Business reporting and the New Business Plan models.
- Identify opportunities to improve the structure or maintenance of pricing infrastructure such as models, reports, documentation, and spreadsheets
- Includes automation, auditability, and compliance with policies and standards
- Develop understanding of how the Product Actuarial team interacts with other Foresters departments such as Corporate Actuarial, Risk Management, Finance, Planning, Sales, IT, and Product Management
- Communicate results of pricing analysis to fellow team members and other actuarial professionals within Foresters
Key qualifications / competencies
LI-Hybrid