Senior Actuarial Associate, North America Model Development

Toronto, ON, CA

Senior Actuarial Associate, North American Model Development (Valuation)

The Corporate Actuarial team is looking for a Senior Actuarial Associate, North American Model Development (Valuation) for their Toronto office.

You will develop and use leading-edge AXIS models designed for analysis and reporting for the Life & Health Reinsurance business in Canada and the US. You will regularly work with actuarial and non-actuarial teams such as the Pricing, Global Actuarial Consulting Group, Biometric Research, Enterprise Risk Management, Reinsurance Operations, and Business Transformation. You will have the opportunity to work on various lines of business: Individual Life, Disability Income, Critical Illness, Long Term Care, and Group; allowing for growth in product knowledge, risk exposure, and traditional and non-traditional reinsurance structures.

You demonstrate a consistent need for achievement, a strong work ethic and a drive to make a difference. You are also an excellent communicator and thrive working in a high-performing and client focused environment with a desire to make an impact. You have the ability to learn quickly, think creatively to synthesize and implement solutions, and explain technically challenging concepts to other actuarial teams and senior management. If this sounds like an intriguing challenge, this is the right role for you.

Your Job:

The successful candidate will assist with various model development initiatives within the North American Model Development team, which may include but is not limited to:

Design, implement, test, and quantify impacts of model enhancements, new AXIS functionality, process improvements, and modeling changes required for financial reporting

Implement new treaties and other pricing based models into the valuation standard model. Analyze impacts to financial reporting as well as pricing metrics

Present technical modeling changes and financial results to Corporate Actuarial

Maintain the North American Valuation modeling standards and adapt to emerging industry best practices in model design, validation, data & assumption management