Associate Actuary - Capital Reinsurance

Pacific Life; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading company is seeking an Associate Actuary to join their Capital Reinsurance and Solutions team in Toronto. The role involves supporting pricing, modeling, and reporting on reinsurance transactions, contributing to the company's financial objectives. The ideal candidate will have a strong actuarial background and effective communication skills, with a focus on enhancing models and tools for improved efficiency.

Benefits

Flexible work arrangements

Qualifications

• 4+ years of actuarial experience.
• Near-ASA to ASA designation.

Responsibilities

• Support pricing and implementation of reinsurance transactions.
• Provide modeling support for planning and forecasting.
• Analyze existing capital reinsurance treaties.

Skills

Modeling

Communication

Problem Solving

Education

Bachelor’s degree in Finance

Bachelor’s degree in Accounting

Bachelor’s degree in Actuarial Science

Job description

Join to apply for the Associate Actuary - Capital Reinsurance role at Pacific Life

We are seeking a talented Associate Actuary to join the Capital Reinsurance and Solutions team in Newport Beach, CA; Omaha, NE; or Toronto office.

Job Overview

Supporting Pacific Life’s growth by developing and implementing capital solutions aligned with the company's financial objectives.

Responsibilities include:

1. Supporting the pricing and implementation of new affiliate reinsurance transactions, collaborating across divisions and teams.
2. Providing modeling support for annual planning and forecasting activities.
3. Supporting reporting on financial, regulatory, and stress testing aspects of reinsurance transactions.
4. Analyzing and reporting on existing capital reinsurance treaties.
5. Assisting with strategic capital structuring projects.
6. Enhancing models and tools for pricing, forecasting, and reporting to improve efficiency.

Qualifications:

• Bachelor’s degree in Finance, Accounting, Actuarial Science, or related field.
• 4+ years of actuarial experience.
• Near-ASA to ASA designation.

Preferred Skills:

• Ability to work independently and solve minor issues.
• Strong modeling and technical skills.
• Effective communication skills.
• Knowledge of reinsurance structures, economic capital, BMA concepts, ALM, or pricing concepts.

Pacific Life values diversity, equity, and inclusion and offers flexible work arrangements. Learn more at www.pacificlife.com.