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    Senior Valuation Actuarial Associate - Toronto, Canada - Bank of Montreal

    Bank of Montreal
    Bank of Montreal Toronto, Canada

    2 weeks ago

    Default job background
    Full time
    Description
    Application Deadline:

    05/26/2024

    Address:
    60 Yonge Street

    Job Family Group:

    Customer Solutions

    To execute the calculations and analysis required for financial and management reporting and provides support to the actuarial production of work.

    Responsibilities:
    • Conducts financial reporting and analysis to support strategic decision-making.
    • Conducts independent analysis and assessment to resolve issues.
    • Focuses on more complex insurance products, (e.g., Segregated fund).
    • Leads/participates in the design, implementation, and management of core business/group processes.
    • Collaborates with the team to plan tasks effectively and manage projects efficiently
    • Implements controls and checks to validate results and ensure accuracy.
    • Supports internal and external auditors, ensuring compliance with regulatory standards.
    • Works independently and regularly handles non-routine situations.
    Qualifications:
    • ASA with at least 5 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
    • Minimum of 3+ years' actuarial experience in life insurance.
    • In-depth understanding of Corporate Reporting Process.
    • In-depth knowledge of various systems (Moody's AXIS, Excel, Access).
    • In-depth knowledge of IFRS17.
    • In-depth product knowledge of Traditional, Term, and Universal Life products.
    • In-depth knowledge of Segregated Fund is preferred.
    Skills
    • Verbal & written communication skills - In-depth.
    • Collaboration & team skills - In-depth.
    • Analytical and problem solving skills - In-depth.
    • Influence skills - In-depth.
    • Data driven decision making - In-depth.
    Compensation and Benefits:

    $68, $126,000.00

    Pay Type:

    Salaried

    The above represents BMO Financial Group's pay range and type.

    Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.

    BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit:

    We're here to help

    At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

    As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.

    To find out more visit us at

    BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

    Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.
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