- Provide oversight and directly contribute to month-end, quarter-end, and year-end policy liability analyses and prepare Appointed Actuary Reports. Ensuring that the valuations are carried out in accordance with complex internal and external standards.
- Communicate with external auditors related to valuation matters, and prepare reports required for individual company Boards, regulators, auditors and rating agencies.
- Contribute to the analysis and impact assessment of regulatory changes on policy liabilities.
- Offer guidance to the Finance department regarding the preparation of financial statements and the allocation of IBNR, and operate as a key member of the Asset Liability Management Committee
- In collaboration with Business Intelligence, provide leadership guidance to develop, monitor, and maintain models supporting industry-forward automated case reserve setting processes in compliance with established process governance.
- Clearly inform and support stakeholders to understand the outcomes and impacts of models supporting the case reserve setting processes for Co-operators General Insurance Company and CUMIS General Insurance Company. Including consulting on proposed changes to National Claims related to reserve strategy.
- Provide recommendations on reinsurance cost allocations by company and product line.
- Oversee the data analysis, modeling, and quality of databases that contribute to the economically efficient treaty reinsurance retentions and reinsurance programs.
- Establish and cultivate connections with the management and staff members throughout the group of companies.
- Leading and engaging your team to deliver strategic objectives through effective coaching and mentoring, identifying and developing emerging talent, and fostering an innovative, collaborative, and agile culture.
- You initiate new strategies to capitalize on opportunities and lead the implementation of organizational change.
- You facilitate strategic prioritization, developing systems and processes to prioritize and achieve business outcomes while removing roadblocks.
- You integrate complex information to identify solutions or solve problems and apply a strategic mindset to adjust business plans.
- You foster innovation and continuous improvement with a focus on client experience.
- You create a high-performance culture through alignment of your team's work with organizational goals and successfully convey messages with a sense of positive advocacy.
- You develop others to ensure the evolving needs of the organization will be met and build effective relationships to achieve key business objectives.
- You have 10 years+ of progressive related experience, including experience in P&C actuarial valuations and reinsurance. Having experience in P&C capital modeling and P&C pricing an asset.
- You have completed a degree in Actuarial Science, Mathematics or equivalent.
- You hold or are pursuing with a willingness to complete the Fellow of the Canadian Institute of Actuaries (FCIA) designation. Completion of the Fellow of the Casualty Actuarial Society (FCAS) designation is an asset.
- You possess related technical skills, including actuarial modeling and valuation techniques and familiarity with technology to perform work. Understanding automated processes is an asset.
- You are knowledgeable of Canadian P&C insurance reserving practices, factors that impact the insurance business, and P&C insurance products.
- You are well-skilled in building trusted stakeholder relationships and communicating complex information with clarity and candor.
- You are an experienced people leader, well-skilled in empowering actuarial teams to successfully deliver on business objectives.
- You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.
- You will travel occasionally.
- As a leader, strict confidentiality is required with respect to sensitive matters and employees' personal information.
- This position primarily works with majority non-francophone groups, and teams located outside of Québec, and requires proficiency in English. The essential non-French duties are not assignable to adjacent or other team members.
- Training and development opportunities to grow your career.
- Flexible work options and paid time off to support your personal and family needs.
- A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
- Paid volunteer days to give back to your community.
- In addition to our competitive salary and incentive programs, eligible employees also benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (e.g., health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.
-
CAA Club Group Mississauga, CanadaPosition Details · Reporting to the AVP, Corporate Actuarial Services, the Actuarial Specialist is a key contributor in evaluating policy liabilities, producing the appointed Actuary's report and supporting corporate planning and capital management at Echelon. This position can ...
-
CAA Club Group Mississauga, CanadaPosition Details · Reporting to the AVP, Corporate Actuarial Services, the Senior Actuarial Analyst is a key contributor in evaluating policy liabilities, producing the Appointed Actuary's report and supporting corporate planning and capital management at Echelon. We are looking ...
-
Sr Data Specialist, Corporate Actuarial
3 weeks ago
Definity Careers Waterloo, Canada Full timeThe Senior Data Specialist is an innovative and experienced data professional with expertise in collection, processing, and transformation of data used for modelling, analysis, and reporting purposes. · Reporting to the Director, Special Projects, the Senior Data Specialist will ...
-
Specialist, Housing Analytics
15 hours ago
Regional Municipality of Peel Brampton, Canada**Job Description**: · **Specialist, Housing Analytics** · **Human Services -** · **Housing Services** · **Status: 1 Regular Full Time** · **Salary Range: $86,443 to $108,052 per annum (plus comprehensive benefits)** · **Work Mode: Remote ** · **_see below for more details about ...
-
Senior Actuarial Consultant
11 hours ago
Co-operators Guelph, Canada Full timeCompany: CGL · Department: Corporate Actuarial · Employment Type: Regular Full-Time · Work Model: Hybrid · Language: This role operates in English. · *Candidate with less experienced will less be considered*. · The Opportunity: · We are a leading Canadian financial services c ...
-
Senior Actuarial Analyst
2 weeks ago
Co-operators Guelph, Canada Full timeCompany: CGL · Department: Corporate Actuarial Services · Employment Type: Regular Full-Time · Work Model: Hybrid · Language: This role operates in English. · *Candidates with more experience will also be considered*. · The Opportunity: · We are a leading Canadian financial servi ...
-
Senior Actuarial Consultant
1 week ago
Co-operators Guelph, Canada Full timeCompany: CGL · Department: Corporate Actuarial · Employment Type: Regular Full-Time · Work Model: Hybrid · Language: This role operates in English. · *Candidate with less experienced will less be considered*. · The Opportunity: · We are a leading Canadian financial services co-op ...
-
BI Architect
1 week ago
Co-operators Guelph, Canada Full timeCompany: CGIC · Department: Business Intelligence · Employment Type: Regular Full-Time · Work Model: Hybrid · Language: English is required, French is an asset. This position primarily works with majority non-francophone groups, and teams located outside of Québec, and requires p ...
-
Consultant(e) Junior
5 days ago
Unica Insurance Inc. Mississauga, ON, CanadaPerform actuarial analysis for commercial risks. Seek creative solutions to business problems utilizing statistical modeling techniques and business knowledge · Effectively gather and compile data required to solve business problems of the following nature: retention, growth, pr ...
-
Senior Pensions Administrator
6 days ago
People Corporation Mississauga, ON, CanadaWe are seeking a Senior Pension Administrator to join our BPA team in Mississauga . · The Senior Pension Administrator works in a team environment and is responsible for the ongoing administration of their client's pension plans in compliance with plan rules, legislative require ...
-
Pension Manager
6 days ago
People Corporation Mississauga, ON, CanadaWe are seeking a Pension Manager to join our BPA team in Mississauga. · The Pension Manager is responsible for the effective day-to-day administration of a portfolio of Client Pension Plans and leads multiple teams of pension administration professionals. The Pension Manager wil ...
-
Actuarial Analyst
11 hours ago
CAA Club Group Mississauga, CanadaPosition Details · Reporting to the Director, Corporate Actuarial Services, the Actuarial Analyst is a key contributor in evaluating policy liabilities, producing the Appointed Actuary's report and supporting corporate planning and capital management at Echelon. We are looking t ...
-
Actuarial Technical Specialist, Strategic Risk
3 weeks ago
Definity Careers Waterloo, Canada Full timeReporting to the Director – Strategic Risk, Corporate Actuarial, the successful candidate will be primarily responsible for Financial Condition Testing (FCT), & other Capital modelling / monitoring initiatives. Risk Management activities as it relates to catastrophes as well as c ...
-
Senior Actuarial Advisor
11 hours ago
Desjardins Mississauga, Canada Full timeReporting to the Corporate Actuarial Reserves' manager, you will play a key role in mandates related to the valuation of actuarial reserves. You will be at the heart of stimulating projects, within a department that is critical to the smooth running and operation of DGAG. Your te ...
-
Conseiller actuariat
2 days ago
Unica Insurance Mississauga, Canada Temps pleinSummary of Role · & Responsibilities: Perform actuarial analysis for commercial risks. Seek creative solutions to business problems utilizing statistical modeling techniques and business knowledge · Effectively gather and compile data required to solve business problems of the f ...
-
Senior Pension Analyst
5 days ago
People Corporation Mississauga, CanadaJob Description · We are seeking a Senior Pension Analyst to join our BPA team in Mississauga. · A Senior Pension Analyst works in a team environment and acts as a senior pension, actuarial and technical resource who is responsible for accurate reviews and outputs in compliance ...
-
Senior Pension Administrator
4 days ago
People Corporation Mississauga, CanadaJob Description · We are seeking a Senior Pension Administrator to join our BPA team in Mississauga . · The Senior Pension Administrator works in a team environment and is responsible for the ongoing administration of their client's pension plans in compliance with plan rules, l ...
-
Actuarial Consultant
3 weeks ago
Beneva, Inc. Mississauga, Canada Full timeJob Posting Title: · Actuarial Consultant · Status: · Regular · Job Description: · Summary of Role & Responsibilities:Perform actuarial analysis for commercial risks. Seek creative solutions to business problems utilizing statistical modeling techniques and business knowledge · E ...
-
Actuarial Consultant
15 hours ago
Beneva, Inc. Mississauga, Canada Full timeJob Posting Title: · Actuarial Consultant · Status: · Regular · Job Description: · Summary of Role & Responsibilities:Perform actuarial analysis for commercial risks. Seek creative solutions to business problems utilizing statistical modeling techniques and business knowledge · E ...
-
Pension Administrator
5 days ago
People Corporation Mississauga, CanadaJob Description · We are seeking a Pension Administrator to join our BPA team in Mississauga. · A Pension Administrator works in a team environment and is responsible for the ongoing administration of their client's pension plans in compliance with plan rules, legislative requir ...
AVP, Corporate Actuarial - Guelph, Canada - Co-operators
Description
Company: CGLDepartment: Corp Actuarial Services
Employment Type: Regular Full-Time
Work Model: Hybrid
Language: English is required, French is an asset.
The Opportunity:
We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That's why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients, and our communities.
The Associate Vice President (AVP) of Corporate Actuarial (Valuation and Reinsurance), reporting directly to the VP, Corporate Actuarial Services, is an integral leader within our enterprise Finance Team. They deliver excellence for the valuation and monitoring of policy liabilities for our group of Property and Casualty (P&C) companies. As well, the AVP, Corporate Actuarial leverages their enthusiasm and drive for actuarial excellence to contribute directly and motivationally empower skilled teams for the successful delivery of data analysis and modeling used to support reinsurance decisions for our P&C companies and the case reserve setting process for Co-operators General Insurance Company and CUMIS General Insurance Company.
How you will create impact:
