Impress employers and recruiters.
Choose from hundreds of resume examples.

Target Resume Now

About the Role

As an Actuarial Associate in the Biometric Research department, you will perform experience studies, develop assumptions, and work on research projects across multiple lines of business in both Canada and the United States. You will report to the Director, Biometric Research and work alongside actuaries within the team as well as those in other departments in order to develop your skills and deliver high quality results. You can expect to learn skills in data analysis & transformation, experience analysis, and assumption construction while working with some of the largest and richest datasets in the North American insurance industry.

Responsibilities

Contribute to the build, analysis, and presentation of mortality/morbidity/lapse experience studies for individual life, living benefits, and group insurance products
Assist in the development of new business assumptions focused on mortality/morbidity/lapse bases in both Canada and the United States
Support the Pricing teams by providing and reviewing client focused experience studies for new business quotes and inforce transactions
Participate in North American and global Biometric Research special projects and initiatives
Collaborate extensively with other departments including Pricing, Corporate Actuarial, Reinsurance Operations, Risk Management, and Integrated Analytics on studies, assumptions, and research
Continually review and improve the experience analysis and assumption development processes
Provide technical peer reviews for other team members

Requirements

University Degree in Actuarial Science, Finance, Statistics, and/or Mathematics
Completed ASA and progression towards FSA
2+ years actuarial experience, preferably the Individual Life and Health insurance/reinsurance industry
Strong technical proficiency and data analysis capabilities
Proven ability to build and maintain effective working relationships with clients and/or colleagues
Excellent communication skills demonstrated through clear verbal interactions and well-structured written documents
Superior attention to detail and accuracy
Strong problem solving and organizational skills
Ability to work effectively under tight deadlines
Adaptability in fast-paced and dynamic environments
Proficiency in Excel and experience with other Microsoft Office applications

Skills

Data analysis & transformation
Experience analysis
Assumption construction
Excel
Microsoft Office applications
SQL
R
Python

Location

Toronto

Work Type

Hybrid

Experience Level

2+ years actuarial experience

Education Level

University Degree in Actuarial Science, Finance, Statistics, and/or Mathematics
ASA
FSA

Salary/Compensations

$85,785 - $114,345 per year

Benefits

Annual company bonus
Market leading company-paid flexible health and dental benefits, starting on your first day
Flexible dollars provided by the company to put towards Health Spending Account and/or Wellness Spending Account
Immediate participation in DC Pension Plan with an automatic 5% employer contribution, plus optional company match
Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program and reimbursement for professional fees
Maternity, Parental & Adoption Leave top-up program
Employee Referral Program, Recognition & Rewards Platform

About the Company

Together, we engage with everything we have and are, to help humankind act braver and better.
As the world’s leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance.
By turning uncertainty into manageable risk, we enable fundamental change.
We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions.
We dare to think big and are continuously innovating on behalf of our clients.
Our data, our technology, and our teams place us in a unique position to drive transformative change in the life insurance industry.
We invest strategically in our world class talent, offering our employees a work experience that promotes professional development, innovation, and rewards high performance.

Equal Opportunity

Munich Re is committed to providing a work environment that is inclusive and free of employment barriers and discrimination.
Accommodations will be made for qualified applicants with a disability throughout the recruitment process.
If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please contact AODARequestHR@munichre.ca as soon as practical so that suitable accommodations can be arranged.