Interim Actuary, R&D

Go Fractional; Toronto; On-site; CAD 128,000 - 149,000; Full time

Benefits offered by this job

23 days annual leave

Fertility leave

Generous parental leave

Group Life Insurance & ADD

Job summary

Go Fractional is seeking an Actuary in R&D on a 12-month fixed-term contract based in Toronto, Canada. The role centers on designing, building, and maintaining a Global Capital Assumptions Framework to quantify insurance risk for Economic Capital across lines of business.

The ideal candidate will combine strong statistical modelling with actuarial training, comfortable handling large datasets, model development, and translating research into practical capital assumptions used across the

Qualifications

• Fellowship with IFoA or SOA (or equivalent) recommended.
• Strong statistical modelling and simulation experience.
• Proficiency in R with transparent, reproducible models.
• Experience applying actuarial techniques to insurance risk, capital, or pricing.
• Clear communication of complex stats to diverse stakeholders.
• Ability to work independently in a flexible team.

Responsibilities

• Develop and validate risk calibration models for capital frameworks.
• Maintain design and production of a Global Capital Assumptions Framework.
• Translate research outputs into practical capital assumptions.
• Work with large datasets across multiple markets.
• Collaborate with stakeholders across functions on modelling projects.

Skills

IFoA/SOA fellowship

Statistical modelling

R programming

Insurance risk knowledge

Communication skills

Education

Actuarial qualification

Tools

R

Job description

Actuary, R&D (12-month Fixed term contract)

About the Role

This role is particularly suited to candidates with strong statistical backgrounds looking to apply advanced modelling techniques within an actuarial context.

This role will focus on supporting the design, production, and maintenance of a Global Capital Assumptions Framework for quantifying insurance risk for Economic Capital across Pacific Life Re. The framework will ultimately cover all lines of business, i.e. Mortality, Morbidity, Longevity and Capital Solutions.

The framework will include appropriate centralization, cutting edge design and methodologies, support for market entry and a target operating model that ensures efficiency of maintenance and growth.

The ideal candidate will bring creativity and innovation skills, along with the confidence and resilience to tackle complex problems. A core component of the role will involve statistical research, model development and simulation-based approaches to risk calibration. We expect the candidate to bring a strong statistical modelling background, coupled with actuarial training, and will be comfortable working with large datasets, developing and validating models, and translating research outputs into practical capital assumptions used across the business.

The role offers exposure to a range of global markets and a variety of experts and senior stakeholders across functions, as well as to a range of data sources and methodologies.

Desirable Qualifications & Experience

• Qualified Fellow of the Institute and Faculty of Actuaries (IFoA) or Society of Actuaries (or similar)
• Strong statistical skills, with hands‑on experience in statistical modelling and simulation‑based approaches
• Strong programming capability is essential, particularly in R, with experience building transparent, reproducible analytical models
• Experience applying quantitative or actuarial techniques to insurance risk, capital, or pricing problems
• Excellent communication and organizational skills, with the ability to present complex statistical concepts clearly to technical and non‑technical stakeholders
• Ability to work independently while collaborating effectively within a flexible, dynamic team

Compensation

Salary Range: $127,800 - $149,100

The compensation range noted represents the company's good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location.

Work Arrangement

Full time, 12-month fixed term contract

Location

Toronto, Canada

Benefits

Leave

• 23 days of annual leave (Regular employees) with option to buy or sell more days
• Fertility leave
• Generous parental leave

Healthcare

• Group Life Insurance and Accidental Death & Dismemberment coverage for all permanent employees
• Dental & Optical benefits

Savings & Retirement

• RRSP: company‑matched contributions

Wellness

• Employee and Family Assistance Program
• Subsidized gym membership
• Time off for volunteering
• Charitable matching of employee donations