Do you have a passion for transforming complex data into actionable insights? This role offers you the opportunity to be at the intersection of traditional actuarial science and cutting‑edge analytical techniques, helping shape the future of life insurance risk assessment. As a Senior Research & Development (R&D;) Actuary, you'll be instrumental in developing and maintaining sophisticated mortality and lapse assumptions that drive our business decisions.

You'll leverage your analytical prowess to translate experience data into valuable insights that inform product development, pricing strategies, and portfolio management across both Canadian and US markets. Lead experience analysis initiatives to monitor population and insured life trends across direct insurance and reinsurance portfolios Analyze complex data sets to identify underlying drivers of mortality and lapse, including policyholder behavior, product characteristics, and underwriting methods Create innovative tools and analytics to enhance monitoring methods and improve assumption accuracy Collaborate cross-functionally with Canadian and US market units, Risk Management, In-force Optimization, and Portfolio Steering & Monitoring teams Document thoroughly all assumption development processes in compliance with corporate governance standards Ensure alignment between developed assumptions and their implementation in models to prevent unexpected errors The Actuarial and Research Development team specializes in life insurance experience monitoring/analysis and assumption development support for both Canadian and US markets. We provide critical insights that drive product development, pricing strategies, and experience analysis.

You're a detail-oriented professional who thrives on solving complex problems and communicating technical concepts clearly to diverse audiences. We are looking for candidates who meet these requirements:



Fellowship with the Society of Actuaries with 7+ years of relevant experience Bachelor's degree in mathematics, statistics, actuarial science, or related field with demonstrated mathematical and analytical abilities Experience in mortality and lapse assumption development for life insurance products These are additional nice to haves: Experience with advanced analytical techniques (GLMs, machine learning, AI) Proficiency in technical tools such as Excel, Visual Basic, R, Python, SAS, or AXIS Creative problem-solving approach and resourcefulness in overcoming barriers The base salary hiring range for this existing position located in Toronto is CAD $156,000 to $195,000. The specific base salary offered for this or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget.

This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.

Swiss

Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting‑edge expertise, we create current opportunities and solutions for our clients.

In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.

📌 Actuary - Life Insurance - REMOTE (Toronto)
🏢 NACBA
📍 Toronto