Actuarial Analyst, Actuarial Services - Toronto, Canada - Canada Guaranty

Canada Guaranty

Verified Company

Toronto, Canada

3 days ago

Posted by:

Sophia Lee

beBee Recruiter

Description

POSTING:

March 13, 2024

LOCATION / WORK ENVIRONMENT:

Toronto, ON / Hybrid:
Time dedicated to working from the Toronto office required.

DEPARTMENT:

Finance

EMPLOYMENT TYPE |
AVAILABILITY:

Full-Time | Immediately

OVERVIEW
At Canada Guaranty, our strong, collaborative culture is built on successful teamwork. If you are a proven team player with a track record of strong performance, we want to hear from you

KEY RESPONSIBILITIES

As a key member of the team, perform the monthly IFRS 17 actuarial and financial reporting in a timely and accurate manner.
Enhance the actuarial analytics capacity by utilizing and developing the functionality of the SAS IFRS 17 solution.
Support the Actuary in the testing and implementation of the new system for budgeting and forecasting purposes.
Contribute to the company's annual stress testing related tasks.
Assist in IFRS 17 actuarial liability cashflow model enhancement, testing, and validation.
Support regulatory capital forecasting and perform Quantitative Impact Study according to regulator's instructions, as required.
Gather and analyze data using various analytical tools to create reports on an adhoc basis, help senior management identify trends and provide insights for insurance revenue, insurance service expenses and loss ratio.
Provide support in streamlining and automation of the endtoend IFRS 17 valuation process.
Prepare and document the key procedures; maintain and enhance the control process for IFRS 17 financial reporting.
Perform other duties and responsibilities as required.

REQUIRED COMPETENCIES**- Prior working experience in IFRS 17 actuarial modeling, an asset.

Experience using and developing actuarial and financial models with SAS, SQL, Excel or other software.
Experience preparing, transforming, and analyzing large data sets in a relational database.
Experience developing and presenting analytics in Excel.
Practical statistical experience in an academic or business setting.
Ability to synthesize large amounts of data and draw insights and recommendations.
Selfmotivated and resultsdriven with the ability to deliver under tight deadlines in a rewarding and

fast-paced environment.

Excellent oral, written, and interpersonal skills with the ability to effectively communicate with both technical and nontechnical audiences.

EDUCATION

Bachelor's degree in actuarial science, mathematics, statistics, finance, business or another quantitative field.
An advanced degree is considered as an asset.

NOTE:

We appreciate all interest in this position; however, only those selected for an interview will be contacted.**Canada Guaranty is committed to an inclusive and accessible recruitment and selection process.

If you are invited to attend an interview and require an accommodation, please advise us in advance of our meeting.