Actuarial Associate

Empire Life; Ontario; Hybrid; CAD 65,000 - 95,000; Full time

Job summary

An established industry player is seeking an Actuarial Associate to join their Finance Actuarial team. This role provides a unique opportunity to enhance your skills while directly contributing to important projects. You'll engage with cross-functional teams, focusing on Segregated Fund modeling and capital management. The company is committed to diversity and inclusion, creating an environment where everyone can thrive. With competitive salaries, comprehensive benefits, and flexible work arrangements, this position is ideal for those looking to make a significant impact in the actuarial field.

Benefits

Competitive salaries with annual pay increases

Annual bonus program

Comprehensive employer-funded benefits package

Flexible work arrangements

Four weeks annual vacation

Defined contribution pension plan

Top up programs for parental leave

Employer-sponsored wellness programs

Cash employee referral program

Qualifications

• 5+ years experience in actuarial roles, focusing on Segregated Fund modeling.
• Completion of a degree with courses in relevant fields.

Responsibilities

• Modeling, valuation, and reporting for Segregated Funds.
• Researching actuarial issues to support business strategy.

Skills

Segregated Fund modeling

LICAT management

Economic hedging programs

Stochastic modeling

Interest rate modeling

Derivatives modeling

Python

SQL

Microsoft Access

Excel including VBA

Education

University degree in mathematics, science, economics, business, or engineering

Associate or Fellow designation through the Society of Actuaries or Canadian Institute of Actuaries

Tools

Matlab

Excel

Google Sheets

Job description

Location : Hybrid - Kingston or Toronto, Ontario

Empire life is looking to hire an Actuarial Associate to join our Finance Actuarial team!

Why pursue this opportunity

Play an integral role - this is an opportunity that allows for you to grow your skills, while directly contributing to the business unit you are a part of.

The opportunity - collaborate with cross-functional teams and work on a variety of projects that will keep you engaged and continuously learning.

Diversity, equity, and inclusion - we are committed to creating a diverse, equitable, and inclusive workplace and welcome candidates who share this commitment.

What you’ll be working on

• Segregated Fund modeling, valuation and reporting
• Research and implementation of solutions to support Segregated Fund modeling, capital management and hedging initiatives
• Enhance data management and current workflow processes
• Effectively communicate and collaborate with internal stakeholders to support the delivery of actuarial programs
• Research actuarial issues, methods and solutions to support business strategy development

What we’re looking for you to have

• 5+ years experience working in actuarial roles with focus on Segregated Fund modeling
• Experience with Canadian Life Insurance Capital (LICAT) management and planning
• Experience working with economic hedging programs on investment products
• Advanced mathematical skills including stochastic modeling, interest rate modeling and derivatives modeling; experience with relevant software such as Matlab
• Advanced knowledge of spreadsheet software (eg. Excel including VBA, Google Sheets)
• Advanced data management skills including knowledge of Python, SQL and Microsoft Access
• Well-developed organizational skills with ability to manage competing priorities
• Effective written and verbal communication skills
• Proven research, analysis and decision-making skills
• Ability to develop innovative solutions
• Completion of a university degree with courses in mathematics, science, economics, business and / or engineering
• Associate or Fellow designation through the Society of Actuaries and / or Canadian Institute of Actuaries
• If you are applying for a position which is open to applicants across Canada, unless otherwise indicated in the position, language proficiency in English is required for communicating with customers, advisors, or employees across Canada.

Beyond the salary

For regular full-time positions, Empire Life offers a comprehensive total rewards package that includes :

• Competitive salaries with annual pay increases
• Annual bonus program, which recognizes both strong company performance and individual contributions
• A comprehensive employer-funded benefits package that includes life insurance, disability, health and dental and a generous health account
• Flexible work arrangements and an annual allotment of personal health days.
• Four weeks annual vacation from hire date
• A defined contribution pension plan with generous employer matching
• Top up programs for parental leave and compassionate leave
• Employer-sponsored wellness and recognition programs
• A cash employee referral program

To learn more about working at Empire Life, visit .

Get to know us

Empire life is proud to be an equal opportunity employer. We celebrate diversity, are committed to creating an inclusive environment, and welcome everyone to participate in our application process. We encourage those of all backgrounds and experiences to apply, even if you don't believe you meet each unique qualification outlined. Applicants will receive equal consideration without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, or age.

Empire Life welcomes applications from people with disabilities and disabled people. Accommodations are available upon request for candidates taking part in all aspects of the screening and selection process. If you need this job posting in an alternative format or have any accessibility questions, please contact