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About the Role
Develop and utilize leading-edge AXIS models for analysis and reporting within the Life & Health Reinsurance business for Canada and the US. Collaborate with actuarial and non-actuarial teams across various lines of business, offering opportunities for growth in product knowledge, risk exposure, and reinsurance structures. This role requires a strong work ethic, excellent communication, and the ability to synthesize and implement solutions for technically challenging concepts.
Responsibilities
- Design, implement, test, and quantify impacts of model enhancements, new AXIS functionality, process improvements, and modeling changes for financial reporting.
- Implement new treaties and pricing models into the valuation standard model, analyzing impacts on financial reporting and pricing metrics.
- Present technical modeling changes and financial results to Corporate Actuarial.
- Maintain North American Valuation modeling standards and adapt to emerging industry best practices.
- Ensure models, processes, and systems are fully documented and adhere to the risk control framework.
- Foster a culture of feedback, development, collaboration, and shared success within the model development team.
- Collaborate with and support other departments such as Corporate Actuarial, Pricing, ERM, Biometric Research, Reinsurance Operations, and Business Transformation.
- Contribute to company-wide projects to enhance understanding and produce efficiencies.
Requirements
- University Degree in Actuarial Science, Finance, Statistics, or Mathematics.
- ASA progressing to FSA.
- Experience with SQL server, AXIS and Datalink, Excel, Power Query/BI.
- Strong analytical, problem solving and organization skills.
- Superior attention to detail and accuracy.
- Excellent communication skills demonstrated in general conversation, client interactions, presentations, and written documents.
- Ability to establish and maintain good working relationships with other departments.
- Flexibility and effectiveness working under tight timelines.
- Demonstrated ability to adapt in a dynamic environment.
Skills
- AXIS modeling
- SQL server
- Datalink
- Excel
- Power Query/BI
- Analytical skills
- Problem solving
- Organization skills
- Attention to detail
- Accuracy
- Communication skills
- Client interaction
- Presentation skills
- Written communication
- Relationship building
- Adaptability
Location
- Toronto
Work Type
- Full-time
Experience Level
- Senior
Education Level
- University Degree
- ASA progressing to FSA
About the Company
- The Corporate Actuarial team is looking for a Senior Actuarial Associate, North American Model Development (Valuation).