Actuarial Jobs, Actuarial Positions, and Actuarial Employment
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Job ID: 35062
Job Openings by Title Director Individual Actuarial Production
Location Ontario, Canada
Description:
Position:	Director Individual Actuarial Production

Company:	Insurance

Location:	Ontario

Job ID:		35062


Responsibilities:

- Develop and present the annual Business Plan and budget across all individual life and health products.
- Analyze impacts of Actuarial Assumption changes across all Individual lines of business.
- Interpretation and application of sound actuarial theories and techniques.
- Ensure products are profitable and actuarially sound.
- Provide support to the Life Administration and Underwriting teams including reinsurance structure on complex in-force policy issues.
- Ensure calculation and rate integrity of the inforce illustration systems.
- Apply proper tax-exempt test processes for all in-force policies and recommend needed modifications.
- Recommend inforce product initiatives to address emerging experience trends.
- Provide pricing support and approval recommendations to leadership on special cases, including profitability and risk analysis of large cases and policy exceptions.
- Annual actuarial pricing model compliance reviews.
- Lead and develop actuarial and illustration tools for back office tax and illustration systems testing as required.
- Analyze quarterly financial results of our individual life and health lines of business explaining sources of differences in net income from business plan and prior year.
- Lead special in-force projects including annual dividend scale review.
- Train, develop, motivate and effectively manage a team of actuarial staff employees.

Qualifications:

- FSA/FCIA required.
- 10 - 15 years’ life insurance experience with 3 - 5 years in Individual Life pricing.
- Experienced leader with training and development skills.
- Advanced knowledge of Individual Life and Health products.
- Advanced knowledge of Business Planning processes and development.
- Advanced knowledge of GGY AXIS pricing system.
- Strong negotiation and decision-making skills.
- Solid communication, presentation and interpersonal skills.
- Excellent organizational and time management skills.

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