Actuarial Jobs, Actuarial Positions, and Actuarial Employment
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Job ID: 33001
Job Openings by Title Senior Actuarial Analyst
Location Ontario, Canada
Description:
Position:		 	Senior Actuarial Analyst

Company:			Other

Location:			Ontario

Job ID:			33001



Responsibilities:

-Modelling the impacts that IFRS 17 will have on our insurance contracts.
-Working through additional elements of IFRS 17, including: determining the risk adjustment, discount rates, fulfillment cash flows, etc.
-Assessing impacts and advising on capital requirements, pricing, and product development.
-Engaging with information technology specialists with respect to implementation of new applications required for the business to operationalize IFRS 17.
-Advising and making recommendations to the IFRS 17 Project lead and/or the Senior Actuary.
-Collaborating with other sectors/divisions, including: Insurance, Risk, Financial Reporting, and Information Technology.
-Providing status updates to the project manager.
-Preparing briefing notes and correspondence in response to requests and problems.

Qualifications:

-Bachelor’s degree in Actuarial Science and five (5) to ten (10) years’ experience in a financial industry in risk assessment. 
-Associate or Fellow of the Canadian Institute of Actuaries, Society of Actuaries, or significant progress toward achieving membership.
-Understanding of mortgage insurance operations and processes:  underwriting, claims processing;
-Knowledge of actuarial/risk pricing techniques; 
-Knowledge of actuarial, accounting and financial analytical techniques and statistical methods;
-Knowledge of quantitative and qualitative analysis;
-Strong ability to make proficient use of computer-based actuarial/financial tools (in particular SAS and MS Office products and Actuarial software);
-General knowledge of the business, mandate and objectives
-Solid communication skills - verbal, written and presentation;
-High level of analytical, creative and conceptual skills;
-Demonstrated planning skills and the ability to synthesize data;
-Demonstrated ability to work independently and in a team environment.
-Demonstrated organizational skills and the ability to undertake and complete multiple concurrent tasks.
-Demonstrated problem solving and decision-making skills.
-Knowledge of mortgage financing is an asset.
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