Actuarial Jobs, Actuarial Positions, and Actuarial Employment
Actuarial Jobs, Actuarial Positions, and Actuarial Employment
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Job ID: 34299
Job Openings by Title Senior Actuarial Analyst
Location Ontario, Canada
Description:
Position:  Senior Actuarial Analyst

Company: Insurance

Location: Ontario

Job ID: 34299

Responsibilities:
-Responsible for the analysis of premium and loss data, using standard actuarial techniques, to determine rate adequacy.
-Compile and analyze company data for pricing analysis
-Develop and verify sources of data for analysis through the development of computer programs, or program specifications, to ensure that data used in analysis is sufficient, current, and accurate.
-Develop, implement, and maintain mathematical models and simulations to analyze rate adequacy, classification experience or other pricing analysis.
-Develop and enhance pricing / competitive analysis review processes.
-Develop and present pricing proposals that are in line with business/strategic directions set by senior management.
-Communicate results of various analyses to senior management (i.e. through written reports)
-Run and modify existing programs, and develop new programs, to perform statistical analysis at an advanced level and access various databases used in the analysis of past experience and implementation of pricing reviews.              
-Supervise systems rate file changes and produce rate pages
-Research applicable statutes and precedents in order to prepare supporting materials for the preparation of relevant reports for submission to regulatory authorities.
-Communicate with regulatory authorities with respect to filings and rate examinations (i.e. through verbal and written reports)
-Develop pricing recommendations.
-Prepare rate filings / prepare the necessary documentation for Regulatory filings.
-Initiate research projects
-Provide assistance and training to other employees to efficiently use standard actuarial techniques; Supervise/coach actuarial project teams.
-Other duties as assigned.



Qualifications:
-B.Sc. in Actuarial Sciences, or Bachelor or Master’s Degree in Mathematics or a related quantitative discipline preferred or other related degree with major in Actuarial Science
-Minimum 3 - 5 years of experience in an actuarial related field and successfully passed at least 3 of the 9 Casualty Actuarial Society exams
-Intermediate to Advanced proficiency with Excel, Word, Powerpoint and SAS
-Solid knowledge of rate-making policies and procedures
-Knowledge of insurance products and the insurance distribution process.
-Knowledge of programming languages
-Knowledge of mathematical theory
-Solid working knowledge of legal statutes regulating the insurance industry
-Proficiency with VBA and Access are strong assets
-Strong research and analytical skills
-Strong interpersonal/coaching skills (interactions with other departments and co-workers)
-Strong communication skills (both oral and written)
-Ability to explain complex terms / processes in simple language
-Team player
-Customer-focused
-Adaptable/flexible
-Ability to think strategically and conceptually
-Ability to establish and manage both personal and professional development plans
-Good project management skills
-Ability to manage multiple projects and deliver results
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