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Job ID: 39744
Job Openings by Title Actuary
Location Ontario, Canada
Description:
Position:	Actuary
Job ID:		39744

Responsibilities:


-Calculation, testing and maintenance of IFRS17 PAA calculations, risk adjustment, discounting, cashflows for group and legal entities leveraging Solvency II calculations where appropriate by working closely with the non-life and life actuarial teams, Finance, IT and external vendors to ensure IFRS17 compliance and maintenance of these processes post IFRS 17 implementation
-maintaining documentation of processes and procedures
-working closely with Finance to ensure the efficient production of inputs to quarterly and annual IFRS17 financial statements
-contributing to the monitoring of changes in rules and guidances or market practice relating to the calculation of IFRS 17 requirements
-Furthermore, you should contribute to the continued enhancement of the IFRS17 actuarial environment
- be responsible for the building and monitoring of the controls process relating to the IFRS17 environment and liaise with external Auditors to provide data required for their quarterly/year-end procedures post IFRS17 implementation.

Qualifications:

-Newly / nearly qualified graduate of the Institute of Actuaries (FIA) designation, Associate or Fellow of the Casualty Actuary Society (ACAS/FCAS) or equivalent
-Degree in actuarial science, mathematics, or a related field.
-2+ years non-life actuarial experience in IFRS17, Solvency II or equivalent either in reinsurance, insurance or consulting is preferred;

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