Actuarial Analyst - Toronto, Canada - Berkshire Hathaway Group Reinsurance Division

Berkshire Hathaway Group Reinsurance Division

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Berkshire Hathaway Group, Reinsurance Division (BHG Re) is a leading provider of life retrocession to Reinsurers from the United States, Canada, Asia and Europe.

We are a unique organization, financially strong and diversified, with an appetite for large risks and a long investment horizon, more accepting of volatility.

We specialize in individual life, annuity, longevity and critical illness reinsurance. BHG Re provides a collaborative and supportive culture where you can learn and grow.

About the Role
We offer an Actuarial Analyst Development Program that provides support for actuarial exams.

Responsibilities:
(include but not limited to):

Manage the execution of quarterly regulatory capital calculation for the Office of the Superintendent of Financial Institutions (OSFI) and Central Bank of Ireland (CBI), including review and analysis of results.
Perform FCT, including participation in scenario development, review and analysis of results.
Perform and review ORSA quantitative calculations.
Support financial planning for various entities under US GAAP, IFRS 17 and Solvency II bases.
Comply with actuarial and regulatory guidelines and internal controls.
Implement updates in model based upon changes in regulation, model approach or methods and assumptions.
Identify opportunities for process improvement and automation.
Assist the Valuation and New Business teams as requested.

What you will bring to the role:

Undergraduate degree in actuarial science, mathematics, statistics or a related field.
Experience at a life insurance or reinsurance company is preferred.
Completed a minimum of 3 examinations of the Society of Actuaries.
Strong technical skills and ability to analyze and solve problems.
Strong verbal and written communication skills.
Strong attention to detail.
Knowledge of insurance products and AXIS is an asset.
Good working knowledge of EXCEL. Knowledge of Visual Basic and Access is a plus.
Collaborative team player.