Actuarial COOP – ALM Team (8 Month Contract, Fall + Winter terms)

Purpose of role
As an actuarial Co‑op in the ALM team, you will work closely with actuarial staff in a dynamic and challenging environment and is responsible for providing analytical support for the company’s asset and liability management functions to measure and analyze risk profile. The incumbent will gain exposure across a wide range of actuarial disciplines including financial modeling, solvency requirements, valuation and management reporting, insurance/annuity products and fraternal benefits analysis for Canada, the U.S. and the U.K. You will work with comprehensive financial modelling systems that utilize a variety of actuarial, spreadsheet, database and reporting software.

Note:
• Positions are open to students of different levels
• This is a hybrid position with 2 days per week working in the Toronto office.

Key Responsibilities

- Support the ALM and Risk functions through evaluating strategic/tactical proposals, performing sensitivity analysis, and supporting Asset Liability Committee (ALCO) related activities.
- Improve documentation, model governance, and model risk management for ALM models.
- Work closely with other teams such as Corporate Actuarial, Capital Management, Pricing, Risk, Investments, Finance and IT to gain exposure across functions.
- Assist, develop and implement changes in ALM reporting.




- Support the preparation of the annual Appointed Actuary Report.

Key Qualifications

- Undergraduate actuarial student writing actuarial exams.
- Excellent interpersonal and communication skills.
- Excellent organizational skills and attention to detail.
- Strong analytical, technical skills and fast learner.
- Knowledge of GGY Axis and Excel.
- Experience with Hyperion, Power BI and MicroStrategy is desirable but not required.

Salary Range

$37,000 - $59,000. The actual base salary for this position will depend on several factors, including job-related skills, experience and education. In addition to base pay, eligible employees may participate in a discretionary variable incentive plan. Results are subject to both individual and company performance.

Equal Opportunity Employment and Inclusion

Foresters Financial is committed to sustaining an equal chance environment for all job applicants. We embrace Inclusion, Diversity and Equity (IDE) as a core strategic objective for building strong, innovative teams in which all employees can show up wholly and authentically as themselves. Foresters Financial strives to provide an accessible candidate experience for prospective employees with different abilities. If you anticipate needing accommodations during the recruitment process, please email in advance of your appointment.

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📌 Actuarial COOP – ALM Team (8 Month Contract, Fall + Winter terms) (Toronto)
🏢 Foresters Financial Services
📍 Toronto