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Job ID: 33272
Job Openings by Title Reserving Manager
Location Ontario, Canada
Description:
Position:  Reserving Manager

Company: Insurance 

Location: Ontario

Job ID: 33272

Responsibilities:
-	Accountable for adequacy of policy liability provisions for West and Atlantic Auto
-	Provide transparent, timely and insightful communication of quarterly valuation results and monthly projections
-	Quarterly reserve review and collaborate with Claims team to identify areas of concerns and key drivers of the results
-	Quarterly delivery of reconciled data to other Reserving Managers for Reserve Review purposes
-	Quarterly review and preparation of bookings for IBNR allocation to the legal entities and regions
-	Annual preparation of the Actuary’s Report for all legal entities
-	Liaise with external peer reviewers and auditors for year-end related inquires
-	Support Finance for successful delivery of monthly financial packages and quarterly regulatory reporting
-	Annual and ad-hoc data extraction and preparation for use by the Economic Capital Modeling team
-	Collaborate with Reinsurance area on commutations, assumed and ceded IBNR analysis
-	Improve reserving data efficiency and quality
-	Provide regular performance feedback and ensure career development plans in place for all employees
-	Accountable for employee engagement and ensure sufficient depth of talent for succession and coverage

Qualifications:
-	B.Math/Actuarial Science
-	Near Fellow (FCAS) or Associate of the Casualty Actuarial Society (ACAS)
-	Five years actuarial experience
-	Strong knowledge of CIA Standards of Practice, Canadian IFRS and regulatory requirements
-	Good knowledge of actuarial reserving, process control techniques and insurance company operations and products
-	Ability to present and explain complex technical issues to Actuaries and non-Actuaries
-	Strong analytical skills
-	Fundamentals of data management
-	Ability to lead and develop employees through hiring, technical growth and performance management
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