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    Actuarial Technical Specialist, Strategic Risk - Vancouver, Canada - Definity Careers

    Definity Careers
    Definity Careers Vancouver, Canada

    Found in: beBee S2 CA - 2 weeks ago

    Default job background
    Full time
    Description

    Reporting to the Director – Strategic Risk, Corporate Actuarial, the successful candidate will be primarily responsible for Financial Condition Testing (FCT), & other Capital modelling / monitoring initiatives. Risk Management activities as it relates to catastrophes as well as climate change and supporting both internal teams within Corporate Actuarial and external teams such as Enterprise Risk Management (ERM), Finance, Reinsurance will be secondary responsibilities of the candidate.

    What can you expect in this role?

    • Perform the Financial Condition Testing process, including deciding on stress scenarios, refreshing the model with latest assumptions, running the scenarios and interpreting the results. Also make enhancements to the FCT model and explore other modelling platforms.
    • Assist in the setting of capital targets for the enterprise.
    • Support Risk Management initiatives such as Catastrophe modelling, Aggregation/Concentration monitoring, and assessing impact of climate change from both a Capital & Risk Management perspectives
    • Assist with the strategic goals of the company such as M&A activity, limiting catastrophe risk, and assessing viability of business decisions from a Capital standpoint
    • Work collaboratively with other Actuarial teams such as Reserving, Planning, and external teams such as Finance, Reinsurance, Enterprise Risk Management (ERM) to solve complex problems, and provide recommendations to management.
    • Identify opportunities for process efficiencies, and recommend changes
    • Support leader in coaching and counselling of junior team members

    What do you bring to the role?

    • University degree in any one of the following programs: Actuarial Sciences, Mathematics, or Statistics
    • Completed a minimum of 5 exams of the Casualty Actuarial Society or equivalent credentials. Passing Exam 6-C and/or 9 would be an asset
    • At least 5 years of full-time actuarial experience in the insurance industry
    • Knowledge of Capital modelling, FCT, & IFRS 17 would be an asset
    • Ability to work independently and collaborate with cross-functional teams
    • Results-driven mindset with a focus on driving business performance
    • Proficiency in actuarial software and programming languages (Excel, VBA, SQL, etc.)
    • Strong communication and presentation abilities to convey complex concepts

    Salary range is $75,700 - $152,300.

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