Actuarial Jobs, Actuarial Positions, and Actuarial Employment
Actuarial Jobs, Actuarial Positions, and Actuarial Employment
Job Details
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Job ID: 33391
Job Openings by Title Actuary
Location Ontario, Canada
Position:		 	Actuary

Company:			Reinsurance

Location:				Ontario	 

Job ID:			33391


-In charge of maintaining existing seriatim valuation/projection models as well as adding new clients/products to the reserving process.
-Perform the seriatim financial projections for market consistent embedded value analysis, for best estimate liabilities and for the Operating Plan.
-Perform the quarterly reserve calculations relating to seriatim life insurance business - Individual Life, Critical illness, Long Term Disability, Longevity, Group Life & Health - in accordance with IFRS and Canadian regulatory principles.
-Prepare and review actuarial information for entry into Accounting System Omega and reconcile actuarial results to Omega. 
-Process data for actuarial valuation models.
-Prepare data for mortality and lapse experience studies and analyze results.
-Work with Operation team to identify and resolve issues related to data and assist in conversion project.
-Provide support to other areas such as finance, Appointed Actuary, operations, etc.
-Ensure that appropriate and auditable controls, reconciliations and documentation are maintained with respect to valuation, projections, and models.
-Utilize technology to perform job functions more efficiently and to further automate the reserving and modelling processes.
-Complete special assignments and projects for the department as necessary.
-May perform other duties as required.


-B.Sc in Actuarial Science or other relevant quantitative major (e.g. Mathematics, Data Science, Statistics, Computer Science), with demonstrated record of academic excellence.
-Must have 5+ years’ experience with actuarial valuation.
-Knowledge of AXIS valuation software.
-Proficiency in windows-based software (Excel, Access, etc.).
-Strong analytical skills with strong problem-solving ability.
-Excellent verbal & written communication skills.
-Highly motivated/self-starter.
-Must be able to work effectively independently & as part of a team.
-Ability to work extended hours as necessary to meet deadlines.
-Building & maintaining relationships with colleagues throughout the Group.
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