Actuarial Analyst - Cambridge, Canada - Allianz Partners

Allianz Partners

Verified Company

Cambridge, Canada

3 days ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Who we are:

People are at the heart of the Allianz brand. At Allianz, helping people is in our DNA.

We believe in being a part of the solution for a better tomorrow, and know that we have a positive impact on people's lives across the globe.

If you are looking to be part of something big, then come join our local family - we want to hear from you

About the role:

Provide actuarial and statistical analysis related to rate adequacy and/or loss reserves. Maintain and develop Actuarial database.

Provide support in valuation of policy liabilities on an on-going basis as well as provide support in analysis and planning process.

Prepare a variety of management reports to be used in the decision-making process.

You are great at:

Providing actuarial support in the development of new/revised products and services to achieve successful implementation of approved strategic initiatives, including product design, investigation of compliance, legal and fiscal regulations, technical specifications and administrative procedures.
Supporting the development of new pricing and testing procedures in order to improve the quality and efficiency. In collaboration with others, reviewing various aspects of a pricing change and making recommendations for product, rate and /or rules changes. Providing ongoing review and improvements of pricing templates and processes for greater automation and accuracy.
Supporting the development of tools and reports for underwriting to ensure strong profitable revenue growth.
Supporting ongoing analysis of the current and future financial position of the Company in order to provide management and regulators with any relevant information aimed at ensuring its financial strength and stability. Supporting the development of and maintaining profitability analysis by product line and by source.
Analyzing changing market conditions affecting pricing/profit of the products and services, our emerging trends and results. Participating in the development of financial models and in the analyses of the results to determine its longterm financial soundness.
Developing methods to regularly review and recommend adjustments to the underlying assumptions inherent in the various pricing models.

What it takes:

University Degree in Math, Statistics or Actuarial Science, coupled with a minimum of 2 years of actuarial experience, preferably in pricing or product development.
Must have completed a minimum of 2 SOA or CAS exams with a commitment to continue writing actuarial exams.
Advanced skill in using MS Excel and SQL.
Previous exposure to VBA and Python preferred.
Knowledge of the various modeling processes, pricing techniques, and forecasting methods.

What we offer you:

A competitive total rewards package, including benefits coverage as of your first day of employment, participation in the company's annual incentive bonus plan, an employer matched retirement plan, tuition reimbursement support, generous paid time off, and much more
A Referral Program that rewards you for referring your qualified friends and family
Employee discounts at a wide variety of retailers and services
The opportunity to grow with a large, global organization

At Allianz, we understand and value diversity in our employees and are proud to be an Equal Opportunity Employer.

If you require accommodation at any time during the recruitment process, please call our toll free number at and ask to speak to a member of the Talent Acquisition team.

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer.

Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer.

We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.

Join us. Let's care for tomorrow.

Job Level:

Entry Level

Location:

Cambridge, ON, CA, N3C 4N6
Available until:31/05/2023

Area of Expertise:

Actuarial

Unit:

Allianz Partners

Employing Entity:

Allianz Partners Canada

Job Type:

Full-Time

Remote Job:

Hybrid working

Employment Type:

Permanent

ID:

23168