Actuarial Assistant, UL Valuation

ivari Holdings Inc.; Toronto; Hybrid; CAD 60,000 - 75,000; Full time

Job summary

A leading company in life insurance is seeking a detail-oriented Actuarial Assistant to support actuarial reporting. The role involves developing models, preparing reports, and collaborating with teams to streamline processes. The ideal candidate will have a degree in Actuarial Science and strong analytical skills. Competitive salaries, bonuses, and comprehensive benefits are offered, along with a supportive workplace culture.

Benefits

Health and dental benefits

Pension plan with 100% match

Employee savings plan with 75% match

Flexible and hybrid work arrangements

Opportunities for professional development

Recognition programs

Wellness programs

Qualifications

• Experience in insurance and actuarial work would be an asset.
• Ability to meet tight deadlines while multi-tasking.

Responsibilities

• Contribute to developing and maintaining actuarial models.
• Assist in preparation of reports for financial and capital reporting.
• Provide insight to assist with streamlining valuation and capital infrastructure.

Skills

Quantitative Analysis

Data Analysis

Communication

Education

University degree in Actuarial Science

Progressing towards ASA

Tools

Excel

AXIS

SQL

Python

R

Job description

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 Corporate Actuarial Department supporting all aspects of actuarial reporting, including IFRS 17, quarterly valuation of actuarial liabilities, capital reporting, drivers of earnings/core earnings , business forecasts, experience studies, sensitivity / shock testing, and financial condition testing.

You will:

• Contribute to developing and maintaining comprehensive and reliable actuarial models
• Ensure clear and concise communication to team and manager
• Assist in the preparation of reports for financial and capital reporting
• Assist in the preparation of actuarial studies and presenting results
• Become thoroughly familiar with AXIS, Excel, and other relevant tools
• Become familiar with the IFRS 17 accounting and LICAT capital processes
• Build subject matter expertise in the assigned line of business (understand valuation, capital, business drivers, drivers of earnings/core earnings , etc.)
• Provide insight to assist with streamlining the valuation and capital 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)
• Experience in insurance and actuarial work would be an asset
• Excellent quantitative and data analysis skills
• Strong knowledge of Excel. Experience in AXIS and programming tools (e.g. SQL, Python, R) would be an asset
• Good written and verbal business communication skills
• Ability to collaborate effectively to deliver on organizational goals
• Ability to meet tight deadlines while multi-tasking

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.

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]

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