Analyst, Actuarial - Reserving - Junior to Intermediate

Definity Financial; Toronto; On-site; CAD 53,000 - 123,000; Full time

Job summary

Join a leading company in the insurance sector as part of the Reserving team within Corporate Actuarial. This role offers exposure to the estimation and assessment of reserves, requiring a quantitative degree and CAS/SOA exams. Collaborate with various stakeholders while utilizing your analytical skills and proficiency in tools like Excel and SQL.

Qualifications

• Completion of a minimum of 3 CAS/SOA exams required.
• Prior knowledge in P&C insurance is an asset.
• Strong willingness to deliver high-quality work.

Responsibilities

• Analyze data for claim experience assessment and reserve adequacy analysis.
• Communicate actuarial concepts to stakeholders.
• Support presentation of findings to various stakeholders.

Skills

Data analysis

Communication

Presentation skills

Teamwork

Education

University degree in a quantitative field

Tools

Microsoft Excel

SQL

Python

Job description

What could this role bring to you?

• Be a part of the Reserving team within Corporate Actuarial department.
• Exposure to the monthly estimation and adequacy assessment of Definity’s Personal and Commercial portfolio reserves.
• Develop and apply your experience with spreadsheets, databases, and statistical software to prepare and analyze data for claim experience assessment, reserve adequacy analysis and support the presentation of these findings to stakeholders.
• Opportunity to work closely with the Appointed Actuary and cooperation with internal Corporate Actuarial partners and external Finance / Reinsurance / Claims / Business stakeholders.
• Communicate actuarial concepts and make recommendations to both technical and non-technical stakeholders verbally and in writing with supporting documentation.

What could you bring to the role?

• University degree in a quantitative field: Actuarial Sciences, Mathematics, Statistics.
• Completion of a minimum of 3 CAS/SOA exams.
• Prior knowledge / experience in P&C insurance is an asset.
• Proficient in Microsoft Excel / Word / PowerPoint.
• Knowledge in SQL / Python is an asset.
• Can-do attitude, result-oriented mindset with strong willingness to deliver high-quality work products with the required timeline.
• Respond to routine requests of internal and external stakeholders related to data extraction, adequacy assessment, financial reports with validation from senior staff.
• Strong communication and presentation skills to convey complex concepts accurately and concisely to both technical and non-technical stakeholders.
• Team player, adaptable to a changing and fast-paced environment.

Salary Range:

• Junior: $53,800 - $106,400
• Intermediate: $65,200 - $123,000