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

Berkshire Hathaway Group Reinsurance Division

Verified Company

Toronto, Canada

1 week 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
The Company has an Actuarial Analyst Development Program that provides support for actuarial exams.

Responsibilities:
(include but not limited to):

Support the quarterly valuation process and analysis of the reserves under US GAAP LDTI (Long-Duration Targeted Improvements) and PBR (US Statutory Principles-Based Reserves) bases;
Implement assumption changes and maintain the existing AXIS model including development of new cells;
Support experience studies;
Perform model refinements in AXIS;
Assist with special projects to enhance financial and capital management capabilities of the Company;
Maintain procedural documentation;
Make recommendations on process improvements;
Ensure that processes have appropriate controls and comply with actuarial guidelines.

What you will bring to the role:

Undergraduate degree in actuarial science, mathematics, statistics or a related field;
Completed 2 or more examinations of the Society of Actuaries;
Strong verbal and written communication skills;
Strong technical and analytical skills;
Strong attention to detail;
Good working knowledge of Excel and Access;
Knowledge of insurance products and Moody's AXIS is preferred;
Experience with coding using Visual Basic or other programming languages is a plus;
Great team player.