Senior Actuarial Analyst

ivari Holdings Inc.; Toronto; Hybrid; CAD 105,000 - 135,000; Full time

Benefits offered by this job

Flexible and hybrid work arrangements

Professional development opportunities

Recognition programs

Accommodation support in recruitment

Job summary

Sagicor Canada in Toronto is seeking an experienced actuarial professional to support SRBL in valuation, reporting and capital modelling, including IFRS17 and Bermuda EBS. The role is based in Toronto with flexible hybrid work arrangements.

You will prepare quarterly valuations, develop analysis for senior management and the board, and maintain AXIS valuation models while supporting AI-enabled workflows. A Bachelor’s degree in actuarial-related field is required with progressing designation.

Qualifications

• Degree in actuarial science or a related field with strong mathematics background.
• Prepare actuarial valuations, financial reporting, and capital modelling within a regulated insurance environment.
• Progress toward actuarial designation (Associate level) is expected.

Responsibilities

• Perform quarterly actuarial valuation for SRBL including IFRS17 and Bermuda EBS reporting.
• Prepare analyses and materials for IFRS 17 results to Senior Management and Board.
• Maintain and improve AXIS-based valuation models and processes.
• Support AI initiatives to enhance actuarial workflows.
• Ensure accuracy under tight monthly and quarterly reporting timelines.

Skills

Analytical thinking

Strong communication skills

Team collaboration

Proficiency in Excel

Education

Bachelor of Science in Actuarial Science / Mathematics / Statistics / Economics / Finance

Actuarial Associate designation (or nearing completion)

Tools

AXIS

SQL

Python

R

VBA

Excel

Job description

Salary Range: $105,000.00 To $135,000.00 Annually

Welcome to Sagicor

Sagicor is a leading financial services provider with over 180 years of history, which operates across the Caribbean, in the United States and Canada.

Sagicor currently operates in 19 countries and maintains a strong market position in most of the markets where it operates. Sagicor has four reporting operating segments, Sagicor Life, Sagicor Jamaica, Sagicor Life USA and Sagicor Canada.

Sagicor’s objective is to be a leading insurance and financial services provider of world class products and services to better serve its customers and other stakeholders in its markets. Sagicor is focused on growing its business in the markets in which we operate and actively supporting the communities in which we serve

Welcome to Sagicor

Sagicor is a leading financial services provider with over 180 years of history, which operates across the Caribbean, in the United States and Canada.

Sagicor currently operates in 19 countries and maintains a strong market position in most of the markets where it operates. Sagicor has four reporting operating segments, Sagicor Life, Sagicor Jamaica, Sagicor Life USA and Sagicor Canada.

Sagicor’s objective is to be a leading insurance and financial services provider of world class products and services to better serve its customers and other stakeholders in its markets. Sagicor is focused on growing its business in the markets in which we operate and actively supporting the communities in which we serve

Here’s the job opportunity…

Works as part of the Actuarial team supporting Sagicor Reinsurance Bermuda Ltd. (SRBL), providing actuarial valuation, financial reporting, capital reporting and modelling support, including IFRS17 and Bermuda EBS reporting.

This role is based in Toronto, Canada.

Key Responsibilities

• Serve as actuarial support for Sagicor’s Bermuda captive reinsurance entity (SRBL).
• Perform quarterly actuarial valuation for SRBL including IFRS17 and Bermuda EBS reporting.
• Prepare actuarial analysis, reporting and supporting materials used in the presentation of IFRS 17 financial results to Senior Management and the Board.
• Implement, maintain, and improve the actuarial valuation models in AXIS.=
• Understand and implement the actuarial control processes for SRBL.
• Prepare in depth analysis for sensitivity test, capital adequacy and risk management.
• Perform model validations for SRBL.
• Support the implementation of artificial intelligence processes to enhance actuarial workflows and operational efficiency.
• Improve the actuarial functions by identifying and improving inefficiencies.
• Establish as the subject matter expert in areas assigned.
• Perform any other duties as assigned.

What we pay

$105,000 - $135,000

Qualifications

• A Bachelor of Science degree in Actuarial Science, Mathematics, Statistics, Economics or Finance with a strong background in Mathematics including Calculus, Probability and Statistics.
• Associate level designation (or approaching completion of associate level designation) along with two to five (2-5) years of experience in a similar capacity.
• Experience supporting actuarial valuation, financial reporting, capital modeling, or solvency assessment processes within a regulated insurance environment.
• Demonstrated ability to deliver accurate analyses and reporting under strict monthly, quarterly, and annual reporting timelines.
• Possesses deep intellectual curiosity and strong analytical skills, including willingness to learn various life insurance valuation and capital standards, and actuarial software, such as: IFRS 17, Bermuda EBS and AXIS.
• A high level of proficiency in the use of AXIS and Microsoft Office Software with strong Excel skills
• Good verbal and written communication skills along with good organisational skills.
• Detailed oriented and deadline driven with good time management skills.
• Working knowledge of life insurance products, actuarial liabilities, IFRS 17, capital reporting or statutory reporting is an asset
• Proficiency in SQL, Python, VBA and R programming would be an asset.
• Experience with life insurance valuation, IFRS 17 reporting, Bermuda EBS reporting, AXIS modeling and/or reinsurance operations is strongly preferred.

What’s in it for you

At Sagicor, it's important for us to keep our people motivated, recognized and rewarded. We offer competitive pay, one of the many reasons Sagicor is a great place to work.

When you join the Sagicor team you also get…

• Flexible and hybrid work arrangements
• Opportunities for professional development
• Recognition programs to cheer you on, motivate and reward

A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about an accommodation will be treated as confidential. If you do require an accommodation, please email [e-mail]