Senior Actuarial Analyst

Swiss Re; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading global reinsurance company in Toronto is seeking an undergraduate for their Actuarial Development Program. This role includes assisting in pricing models, conducting mortality data analysis, and collaborating with professionals to foster development. Ideal candidates will have strong analytical skills, a degree in relevant fields, and progress toward actuarial credentials. Join a company committed to inclusive growth and innovative solutions.

Qualifications

• 3-4 years of working experience, progress toward ASA designation preferred.
• Strong technical skills in MS Excel and one programming language.
• Ability to work independently while collaborating with teams.

Responsibilities

• Assist in creating pricing models for business decisions.
• Conduct testing of mortality table updates.
• Support the preparation of mortality and lapse experience data.
• Participate in quarterly valuations and earnings analysis.
• Maintain the reserve valuation system.

Skills

Technical skills in actuarial modeling

Attention to detail

Organizational skills

Proficiency in programming

Education

Bachelor's or Master's in Actuarial Science, Mathematics, or Statistics

Tools

Excel

Visual Basic

SAS

SQL Server

Tableau

R

AXIS

MoSes

ALFA

Job description

Swiss Re Life & Health is looking for a bright undergraduate who is actively pursuing a career in actuarial science. Our Actuarial Development Program is designed to provide the opportunity to work assignments and projects that are challenging, educational and promote personal and professional development.

About the Role

As part of our Actuarial Development Program, you'll gain hands-on experience across various actuarial functions while receiving support for your exam progression. You'll collaborate with experienced professionals who are committed to your development, working on meaningful projects that directly impact our business decisions and client solutions.

Key Responsibilities

• Assist in the creation and refinement of pricing models that drive business decisions
• Conduct testing of mortality table updates to ensure accuracy and reliability
• Support the preparation and analysis of mortality and lapse experience data and contribute to periodic studies
• Contribute to quarterly valuations and participate in earnings analysis processes
• Support the maintenance of the reserve valuation system to ensure operational excellence
• Comply with the provisions of the Actuarial Development Program, including exam progression and participation in other educational opportunities
• Develop technical skills with software and systems such as Visual Basic, SAS, SQL Server, MSBI, Tableau, R, ALFA, AXIS, LMS and MoSes
• Assist in responding to requests from clients, reinsurance partners, regulators, auditors, and rating agencies

About the Team

The Life & Health actuarial team at Swiss Re combines analytical expertise with industry knowledge to deliver innovative solutions to our clients. Our collaborative environment fosters continuous learning and professional growth, with team members supporting each other through complex challenges and celebrating shared successes. As a global team, we work across borders to develop and implement actuarial best practices that strengthen Swiss Re's position as an industry leader.

About You

You're a detail-oriented analytical thinker who thrives when solving complex problems. You have strong organizational skills and can work independently while also valuing collaboration. You're committed to continuous learning and professional development, with a desire to grow your actuarial expertise while contributing to meaningful work.

We are looking for candidates who meet these requirements:

• Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, or a related field
• 3-4 years of working experience, with progress toward or attainment of ASA designation preferred
• Strong technical skills using MS Excel and proficiency in at least one programming language
• Excellent attention to detail and organizational skills
• Ability to work independently while collaborating effectively with team members

These are additional nice to haves:

• Experience with actuarial modeling software (AXIS, MoSes, ALFA)
• Knowledge of data visualization tools such as Tableau or Power BI
• Experience with statistical analysis using R or Python
• Understanding of insurance or reinsurance business operations
• Strong communication skills with the ability to explain complex concepts clearly

About Swiss Re

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

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