Actuarial science Jobs in East York, ON

Actuarial Associate, Corporate Actuarial

Join Munich Re’s Corporate Actuarial team to accelerate your actuarial career through mastery of reinsurance valuation and reporting methods. You will develop and use leading-edge models designed for analysis and reporting for the Life & Health Reinsurance business in Canada and US. You will regularly work with other actuarial teams such as Pricing, Accounting, Biometric Research and ERM, while deepening your expertise and exposure to new concepts such as LICAT and IFRS17, and various assignments and projects.

Position Overview

You demonstrate a consistent need for achievement, a strong work ethic and a drive to make a difference. You are also an excellent communicator and thrive working in a high-performing and client focused environment with a desire to make an impact. You have the ability to learn quickly, synthesize and implement solutions, and explain technically challenging concepts to other actuarial teams and senior management. If this sounds like a challenge, this is the right role for you.

The successful candidate will contribute to the production of financial information related to valuation, solvency, and planning.

Your Role

• Preparing IFRS reserves, OSFI regulatory exhibits, and LIMAT returns with a high level of accuracy and analytical depth.
• Supporting the development of presentation materials for senior management by ensuring accuracy of financial figures and clarity in the explanation of results and key drivers.
• Enhancing and maintaining financial reporting systems and processes to accommodate new treaties, regulatory changes, and efficiency improvements.
• Supporting LIMAT reporting, Financial Condition Testing (FCT), business planning, Solvency II reporting, and Value of New Business (VNB) assessments.
• Collaborating with cross-functional teams such as Pricing, Accounting, Reinsurance Operations, and Enterprise Risk Management (ERM) to ensure alignment and support across business functions.

Your Profile

About Munich Re

Together, we engage with everything we have and are, to help humankind act braver and better. As the world’s leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into manageable risk, we enable fundamental change. We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions. We dare to think big and are continuously innovating on behalf of our clients.

Our data, our technology, and our teams place us in a unique position to drive transformative change in the life insurance industry. We invest strategically in our world class talent, offering our employees a work experience that promotes professional development, innovation, and rewards high performance.

What Can We Offer You?

Please note that only candidates who are selected for interview will be contacted directly. We thank all candidates for their interest.

Munich Re is committed to providing a work environment that is inclusive and free of employment barriers and discrimination. Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please contact AODARequestHR@munichre.ca as soon as practical so that suitable accommodations can be arranged.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Finance

Industries

Insurance

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