Actuarial Analyst 2 - Waterloo, Canada - Equitable Life of Canada

Equitable Life of Canada

Verified Company

Waterloo, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

At Equitable Life of Canada, we realize that your work life is not just about performing a job; it's about being part of a workplace that helps you grow and reach your full potential.

Within our friendly and collaborative work environment, we recognize that the key to our growth and success is a dedicated, motivated and customer-responsive staff.

Join Equitable Life today.

Position Title:
Actuarial Analyst

Reports To:
Director, Group Valuation and Financial Reporting

Department:
Group Actuarial

Term:
Permanent Full-Time

Work Arrangements:

We are currently working remotely, and we will be moving to a hybrid model when our office renovation is complete (approximately September 2023), coming into the office a minimum of 2 days per week, every other week on designated days.

The Opportunity:

Equitable Life of Canada provides an excellent opportunity for actuaries of all levels to develop a broad skill set and offers them the experience of working on a variety of actuarial topics.

Through offering development opportunities, job rotations, compensation increases and SOA exam support, the Actuarial Student Program at Equitable Life aims to build strong actuarial talent.

Equitable Life has been one of the fastest growing life insurance companies in Canada and the continued success of the company relies on strength of its people.

What you will be doing:

Provide support to financial reporting of all Group Products (Life, AD&D, Health, Dental, STD, and LTD)
Support new coverage / product development analyze results and make recommendations
Complete experience studies and propose assumption changes
Analyze experience trends in inforce block and industry studies and communicate actionable information to key stakeholders
Provide data and analysis required for various industry studies including trend, drug pooling and expenses
Develop and execute monthly monitoring of different aspects of Group Benefits products profitability
Provide support to drug cost management initiatives
Support settlement calculations and analysis to reinsurance arrangement
Collaborate closely with Group Underwriting to recommend pricing adjustments to support Quotes and Renewals

What you will bring:

A minimum of 4 SOA Exams preferred, and a commitment to completing of the FCIA designation
Sound computer software knowledge, particularly in MS Excel, MS Access and Visual Basic Macro writing
The ability to work in a multitasking environment
A strong focus on customer service with excellent communication skills both verbal and written
Ability to meet deadlines
Knowledge of Group Life and Health products is beneficial

What's in it for you:

A healthy worklife balance with employee wellness top of mind
Annual bonus program, annual vacation allowance, and companypaid benefits program
An additional paid volunteer day each year so you can spend time giving back to the community
Immediate enrollment in the company's pension program with employer matching
Employee resource groups that support an inclusive work environment
Tuition support and specialized program assistance
A company subsidized cafeteria with a variety of daily options
Discounts on company products and services, and access to exclusive employee perks
Regular EQ Together events focused on company togetherness and collaboration

As part of the recruitment/offer process you will be required to: