Senior Actuarial Associate

Athene; Toronto; On-site; CAD 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a dynamic individual to join their actuarial valuation team. This role focuses on maintaining the Internal Capital Model and enhancing financial reporting processes. The successful candidate will collaborate with teams across Canada and Bermuda, preparing financial reports and developing methodologies. With a strong emphasis on attention to detail and initiative, this position offers the chance to contribute to meaningful projects in a supportive environment. If you have a passion for actuarial science and are eager to make an impact, this opportunity is perfect for you.

Qualifications

• 5+ years of experience in actuarial roles with a focus on internal capital models.
• Completion of at least 3 actuarial exams towards ASA/FSA designation.

Responsibilities

• Prepare financial reports and maintain the Internal Capital Model (ICM).
• Communicate results to senior management and document necessary controls.

Skills

Interpersonal Skills

Attention to Detail

Initiative

Oral and Written English Skills

Education

Bachelor's Degree in Mathematics

Actuarial Science or Related Field

Tools

Python

PowerQuery

SQL

AXIS

Job description

We are Athene. At Athene, we are driven to do more. We are a leading retirement services company that issues, reinsures and acquires retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs. We see every day as a new opportunity to measure ourselves against the best - and then we don't stop until we've set the bar even higher. We're ready to help you achieve more.

Purpose:

Athene has established a Canadian Service Company in order to continue to attract and develop professional talent and to support business units in the West Des Moines and Bermuda locations. Reporting to the Director of Valuation in Toronto, Athene seeks a dynamic and proactive individual to join their actuarial valuation team focusing on the internal capital model. Although this role is located in the Canadian Office, collaboration with teammates in both Canada and Bermuda as well as various stakeholders throughout Athene locations will occur.

Accountabilities:

1. Prepare financial reports and maintain the Internal Capital Model (ICM).
2. Build analytics and maintain movement analysis related to all parts of the ICM balance sheet.
3. Develop ongoing methodology refinements including but not limited to refining the capital framework (adding risks).
4. Interface with other Actuarial functions and provide new business support.
5. Work with asset managers and risk department to review asset and ALM considerations.
6. Review and investigate modeling results, working closely with the modeling teams.
7. Communicate results to senior management.
8. Document and build out necessary controls.
9. Improve and modernize parts of valuation and financial reporting processes.

Qualifications and Experience:

1. Bachelor’s degree in mathematics, actuarial science or related field and completion of at least 3 exams and actively working towards ASA/FSA designation, plus at least 5 years of experience.
2. Strong interpersonal skills preferred.
3. Excellent oral and written English language skills.
4. Experience with Python, PowerQuery and SQL preferred.
5. Demonstrated experience within Actuarial modeling software such as AXIS preferred but not required.
6. Strong attention to detail and ability to prioritize and manage several projects is a must.
7. Demonstrated desire to take initiative and run with projects.
8. Experience with any of the following would be beneficial:
9. Embedded Value Reporting
10. Principal Based Reserving
11. Asset-Liability management
12. Internal Capital Model