Actuarial Associate: Biometric Research & Experience Studies

Next Insurance, Inc.; Toronto; Hybrid; CAD 86,000 - 114,000; Full time

Benefits offered by this job

Hybrid work environment

Annual company bonus

Health and dental benefits

Pension plan

Education assistance

Vacation and personal days

Job summary

Munich Re is hiring an Actuarial Associate in the Biometric Research department in Toronto. You will perform mortality/morbidity/lapse experience studies across Canada and the United States, developing assumptions and supporting multiple lines of business.

The role emphasizes data analysis, assumption construction, and collaboration with Pricing, Corporate Actuarial, Reinsurance Operations, Risk Management and Analytics.

Qualifications

• 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.
• Excellent communication and collaboration skills.

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.

Skills

Excel

SQL

R

Python

Education

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

Completed ASA and progression towards FSA

Job description

Munich Re is hiring an Actuarial Associate in the Biometric Research department in Toronto. You will perform mortality/morbidity/lapse experience studies across Canada and the United States, developing assumptions and supporting multiple lines of business.

The role emphasizes data analysis, assumption construction, and collaboration with Pricing, Corporate Actuarial, Reinsurance Operations, Risk Management and Analytics.