- Perform pricing, modeling, analysis, and structuring activities on new or proposed transactions, or amendments to existing transactions, for the Global Financial Solutions business unit in a timely manner consistent with applicable standards.
- Assess and analyze risk exposure in potential transactions and prepare documentation of these risks in detailed pricing analysis reports.
- Develop and maintain adequate and timely documentation of professional work that complies with relevant ASOPs.
- Work with the marketing staff to determine client needs and objectives, understand and analyze client information, and design terms and structures of transactions to meet those needs and objectives.
- Assist business development associates by building proof-of-concept models for new opportunities or new reinsurance solutions for our clients.
- Perform peer review on the work of other actuaries.
- Update documentation of Global Financial Solutions pricing methodology, parameters, and procedures. Recommend, implement, and document enhancements to the pricing process.
- Set realistic and achievable deadlines for modeling, analysis, and other new business development activities. Complete required tasks accurately within those deadlines.
- Drive the design of reinsurance transactions and lead discussions on risk issues with internal and external clients.
- Provide updates on ongoing progress to supervisor and other Global Financial Solutions personnel.
- Assist risk management personnel with transition of new treaties to in-force monitoring and management
- Participate in key unit and ad-hoc department projects as needed.
- Bachelor's degree in math, finance, statistics, actuarial science, computer science or related field
- FSA certification (or equivalent)
- For Associate Actuary: 6+ years of actuarial experience in life insurance/reinsurance
- For Actuary: 8+ years of actuarial experience in life insurance/reinsurance
- Demonstrated knowledge of life insurance, health insurance, longevity, and/or annuity products
- Ability to take ownership in projects and drive them to completion
- Experience with actuarial modeling software.
- Highly advanced oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received
- Highly advanced investigative, analytical, and problem-solving skills
- Expert ability to balance detail with departmental goals/objectives
- Advanced skills in customer relationship management and change management
- Highly advanced ability to translate business needs and problems into viable/accepted solutions
- Highly advanced ability to manage multiple projects and/or teams simultaneously
- Highly advanced ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines
- Highly advanced persuasion and negotiation skills when working with internal/external customers
- MAAA/FCIA or other local actuarial organization accreditation
- CFA designation
- Advanced quantitative degree or designation
- Reinsurance industry experience
- Merger and acquisition experience
- Product design / pricing experience OR ALM / risk management experience (requirements vary with job level)
- Financial reinsurance, asset-intensive, or longevity pricing experience
- Advanced knowledge of key financial reporting, accounting, and solvency regimes, including (but not limited to): US GAAP (including FAS 97, FAS 91, FAS 133, FAS 157, and SOP 03-1), US Statutory, and US Tax; IFRS; MCEV / EV / EEV; and Solvency II.
- Advanced ability to model various insurance products and reinsurance structures.
- Advanced knowledge of life insurance, health insurance, longevity, and/or annuity products
- Advanced PC and technical skills including (but not limited to): spreadsheets (VBA), database applications (Access, Oracle, SQL or equivalent technology), statistical programs, and one or more computing languages
- Expertise in Moody's AXIS, FIS Prophet or MG-ALFA
- Ability to challenge and enhance our analytical capabilities
- Understanding of asset modeling and asset-liability management techniques, including derivatives, and capital markets approaches
-
Reinsurance Group of America (RGA) Toronto, Canada Full timePosition Overview · The Actuary, Pricing, Global Financial Solutions positionperforms pricing, modeling, analysis, structuring, and other activities related to specific new business development opportunities for the Global Financial Solutions business unit. Works with the busines ...
-
RGA Toronto, Canada**Position Overview** · Global Financial Solutions (GFS) accounts for over 50% of RGA's consolidated income. The Longevity line of business is one of RGA's fastest growing lines of business. The GFS Longevity Risk Management team is responsible for the effective inforce and risk ...
-
Customer Service Representative
3 days ago
United Restaurant Supplies North York, CanadaUnited Restaurant Supplies Inc. · - Our employees exhibit a friendly, collaborative, team-oriented focus on serving our customers with urgency and attention to detail. Our culture is built on a set of Cornerstone values we believe make us unique: · - Our customers come first. We' ...
-
Customer Service Representative
2 days ago
United Restaurant Supplies North York, CanadaUnited Restaurant Supplies Inc. · Our employees exhibit a friendly, collaborative, team-oriented focus on serving our customers with urgency and attention to detail. Our culture is built on a set of Cornerstone values we believe make us unique: · - Our customers come first. We're ...
-
Merchandising Coordinator
2 days ago
United Restaurant Supplies Brampton, CanadaUnited Restaurant Supplies Inc. · Our Customers Can Count on Us · We are looking for employees who believe in our company promise "Good service at a fair price, built on honesty and integrity and keeping our word". · - Position Summary:_ · As the Gordon Food Service supplier of s ...
-
Account Manager, Sales
1 day ago
United Restaurant Supplies Brampton, CanadaUnited Restaurant Supplies Inc. · Our Customers Can Count on Us · We are looking for employees who believe in our company promise "Good service at a fair price, built on honesty and integrity and keeping our word". · Position Summary: · As a national leader in the service of smal ...
-
Inside Sales Representative
17 hours ago
United Restaurant Supplies Brampton, CanadaUnited Restaurant Supplies Inc. · - Our Customers Can Count on Us · - We are looking for employees who believe in our company promise "Good service at a fair price, built on honesty and integrity and keeping our word".Position Summary: · As the Gordon Food Service supplier of sma ...
-
Legal & Development Coordinator
1 day ago
M&M Food Market Mississauga, CanadaA lot has changed over 40 years of helping customers across Canada, but at the heart of what M&M Food Market does, is our people. Whether shaping the direction of the business from head office or offering customers exceptional service every day in our stores, we are successful be ...
-
Pricing Coordinator
17 hours ago
Gordon Food Service Milton, CanadaWelcome to Gordon Food Service We are excited that you are thinking about opportunities with us, and we have an amazing story to share. Here's a quick glance of who we are and the impact you could have on the food service industry. There's a seat at our table for you... · What We ...
-
Inside Sales Representative
4 days ago
United Restaurant Supplies Brampton, CanadaOur Customers Can Count on Us · We are looking for employees who believe in our company promise "Good service at a fair price, built on honesty and integrity and keeping our word". · Position Summary: · As the Gordon Food Service supplier of smallwares, United is innovating in th ...
-
District Sales Representative
4 days ago
Gordon Food Service Newmarket, CanadaWelcome to Gordon Food Service We are excited that you are thinking about opportunities with us, and we have an amazing story to share. Here's a quick glance of who we are and the impact you could have on the food service industry. There's a seat at our table for you... · **Posit ...
-
Category Support Coordinator
17 hours ago
Gordon Food Service Canada Ltd. Milton, CanadaWelcome to Gordon Food Service We are excited that you are thinking about opportunities with us, and we have an amazing story to share. Here's a quick glance of who we are and the impact you could have on the food service industry. There's a seat at our table for you... · The **C ...
-
Reinsurance Group of America Inc Toronto, Canada OTHERGlobal Financial Solutions (GFS) accounts for over 50% of RGA's consolidated income. The Longevity line of business is one of RGA's fastest growing lines of business. The GFS Longevity Risk Management team is responsible for the effective inforce and risk management of longevity ...
-
Associate Actuary
4 days ago
Reinsurance Group of America Inc Toronto, ON, CanadaGlobal Financial Solutions (GFS) accounts for over 50% of RGA's consolidated income. The GFS Longevity Risk Management team is responsible for the effective inforce and risk management of longevity risk assumed globally, which represents over $ 7 0 billion in benefit obligations. ...
-
Associate Actuary, GFS Risk Management
3 days ago
Reinsurance Group of America Toronto, CanadaPosition Overview · RGA's culture stresses high performance and collaboration, and the company hires the smartest people in the industry. And, the smart people they hire are not just number crunchers. RGA values creativity and curiosity. RGA also values humility, and its employe ...
-
Reinsurance Group of America Toronto, CanadaPosition Overview · Global Financial Solutions (GFS) accounts for over 50% of RGA's consolidated income. The Longevity line of business is one of RGA's fastest growing lines of business. The GFS Longevity Risk Management team is responsible for the effective inforce and risk man ...
-
Associate Actuary, Longevity Risk Management, GFS
14 hours ago
Reinsurance Group of America Toronto, CanadaPosition Overview · Global Financial Solutions (GFS) accounts for over 50% of RGA's consolidated income. The Longevity line of business is one of RGA's fastest growing lines of business. The GFS Longevity Risk Management team is responsible for the effective inforce and risk man ...
-
Reinsurance Group of America Toronto, CanadaPosition Overview · Global Financial Solutions (GFS) accounts for over 50% of RGA's consolidated income. The Longevity line of business is one of RGA's fastest growing lines of business. The GFS Longevity Risk Management team is responsible for the effective inforce and risk man ...
-
Associate Actuary, Longevity Risk Management, GFS
15 hours ago
Reinsurance Group of America (RGA) Toronto, Canada Full timePosition Overview · Global Financial Solutions (GFS) accounts for over 50% of RGA's consolidated income. The Longevity line of business is one of RGA's fastest growing lines of business. The GFS Longevity Risk Management team is responsible for the effective inforce and risk mana ...
-
Associate Actuary, GFS Risk Management
15 hours ago
Reinsurance Group of America (RGA) Toronto, Canada Full timePosition Overview · RGA's culture stresses high performance and collaboration, and the company hires the smartest people in the industry. And, the smart people they hire are not just number crunchers. RGA values creativity and curiosity. RGA also values humility, and its employee ...
Actuary/Associate Actuary, North America Pricing, GFS - Toronto, Canada - Reinsurance Group of America
Description
Position Overview
The Actuary, Pricing, Global Financial Solutions position performs pricing, modeling, analysis, structuring, and other activities related to specific new business development opportunities for the Global Financial Solutions business unit. Works with the business development staff to determine client needs and objectives, understand and analyze client information, and design terms and structures of transactions to meet those needs and objectives. Documents risk exposure in potential transactions. Assists marketing associates by building proof-of-concept models for new opportunities or new reinsurance solutions for our clients. Assists business development associates in the development of new markets, structures, and product lines for GFS to be marketing proactively to our clients.
Location: Canada or US (hybrid or remote)
Responsibilities
Requirements
Preferred:
Actuary/Associate Actuary, North America Pricing, GFS professionals in Toronto
-
John Lee
Experience IT Manager
-
Graham🐝 Edwards
A journeyman