Actuarial Assistant, Risk Management

ivari Canada; Toronto; Hybrid; CAD 60,000 - 80,000; Full time

Job summary

A leading life insurance company in Canada is seeking a detailed-oriented Actuarial Assistant to join their Risk Management Department. This role involves supporting risk management tasks, developing models, and preparing reports. Ideal candidates will have a relevant university degree and be working towards their actuarial designation, with strong analytical and quantitative skills. Join a diverse and inclusive workplace dedicated to supporting personal and professional development and offering competitive salaries with bonuses.

Benefits

Health and dental benefits from Day 1

Competitive base salary plus bonus

Pension plan with 100% match by ivari

Vacation plan and time off

Opportunities for professional development

Recognition programs

Wellness programs

Qualifications

• Experience in insurance, risk management, and/or actuarial work would be an asset.
• Strong knowledge of Excel and good written and verbal skills is essential.
• Ability to meet deadlines and manage multiple priorities.

Responsibilities

• Contribute to developing and maintaining risk management tools and models.
• Assist in the preparation of reports for risk management including Board reports.
• Contribute to model risk reviews and new product pricing peer reviews.

Skills

Quantitative skills

Data analysis

Attention to detail

Business communication

Collaboration

Education

University degree in Actuarial Science, Mathematics, Statistics, or related area

Progressing towards Associate of the Society of Actuaries (ASA) or Associate of the Canadian Institute of Actuaries (ACIA)

Tools

Excel

AXIS

SQL

Python

R

PowerBI

Job description

Welcome to ivari

Let us introduce ourselves. With 300+ employees across Canada, ivari is a company that’s making a difference in the world of life insurance. How? By finding and hiring employees who are passionate about helping people protect their families, and by giving them the best, most supportive workplace possible.

ivari is part of Sagicor Financial Corporation, a leading financial services provider based in the Caribbean, with a strong presence in North America. We offer a wide range of products and services, including life and health insurance, annuities, pension administration and investment services.

At ivari, everyone is welcome! It is our mission to attract, develop, and retain a workforce that is as diverse as the customers we serve and the communities in which we do business. We offer an inclusive and accessible work environment where all employees and customers feel valued, respected, and supported.

Here’s the job opportunity…

We are looking for a detailed oriented and driven Actuarial Assistant who will be working in our Risk Management Department supporting all aspects of risk management, including quarterly reporting, model risk framework development, climate risk management, investment risk management, Sagicor US reporting and development, and Own Risk Solvency Assessment.

You Will

• Contribute to developing and maintaining comprehensive and reliable risk management tools and models for ivari and Sagicor US
• Ensure clear and concise communication to team and manager
• Assist in the preparation of reports for risk management, including quarterly Board reporting, climate risk disclosures, and model risk management reporting
• Contribute to model risk reviews and new product pricing peer reviews
• Become thoroughly familiar with Excel, and other relevant tools as required
• Build subject matter expertise in the risk management area
• Provide insight to assist with streamlining the risk management reporting and infrastructure
  
  

What We Are Looking For…

• University degree in Actuarial Science, Mathematics, Statistics, or related area
• Progressing towards attainment of Associate of the Society of Actuaries (ASA) or Associate of the Canadian Institute of Actuaries (ACIA)
• Experience in insurance, risk management, and/or actuarial work would be an asset
• Excellent quantitative skills, data analysis skills, and attention to detail
• Strong knowledge of Excel. Experience in AXIS and programming tools (e.g. SQL, Python, R, PowerBI) would be an asset
• Good written and verbal business communication skills
• Ability to collaborate effectively to deliver on organizational goals
• Ability to meet deadlines and manage multiple priorities
  
  

What's In It For You

At ivari, it's important for us to keep our people motivated, recognized and rewarded. We offer competitive base salaries plus a bonus, one of the many reasons ivari is a great place to work.

We also offer health and dental benefits for the entire family from Day 1! But that’s just the beginning. When you join the ivari team you also get…

• A fantastic vacation plan and time off
• A pension plan with 100% match by ivari
• Employee savings plan with 75% match to help you save even more
• Flexible and hybrid work arrangements
• Opportunities for professional development
• Recognition programs to cheer you on, motivate and reward
• Wellness programs to keep you healthy and happy
  
  

Who You Are…

Someone who enjoys a culture where everyone is genuinely respectful and you can be your authentic self every day. Your contributions and opinions are not only sought, but valued. You know the importance of, and live by, our core values of…

• Bringing clarity and focus to your work
• Taking ownership and doing what you say you will
• Remaining flexible
• Collaborating with others
  
  

Does this sound like you? We’re looking for great people to join our team!

Our commitment to inclusivity is reflected in the safeguards, policies and commitments we have in place to remove barriers and provide equal opportunities to prospective and current employees, without discrimination.

To apply, please email your resume to: [e-mail]

A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about an accommodation will be treated as confidential. If you do require an accommodation, please email [e-mail] .