Berkshire Hathaway Group, Reinsurance Division is a leading provider of life retrocession to Reinsurers from the United States, Canada, Asia and Europe. We are a unique organization, financially strong and diversified, with an appetite for large risks and a long investment horizon. We specialize in individual life, annuity, longevity and critical illness reinsurance. At BHG Re, we strive to foster an inclusive and accessible environment in which diversity, experience and enthusiasm are valued equally.

Actuarial Analyst, Annuities is responsible for the valuation, analysis, and reporting of annuity business, including fixed annuity, structured settlement, and variable annuity reinsurance business. This role supports quarterly and year-end actuarial production processes under US GAAP LDTI and US Statutory reporting bases, including financial reporting, regulatory testing, experience analysis, audit support, and model/process improvement initiatives.

This position requires a robust technical foundation in actuarial science, excellent analytical and problem-solving abilities, keen attention to detail, and proficiency in actuarial modeling and data analysis tools, including AXIS, Excel, VBA, and SQL.

This position reports to the Divisional AVP, Annuities.

Key Responsibilities:

Take ownership of quarterly actuarial valuation and reporting processes under US GAAP (LDTI) and US Statutory (NAIC) bases, including:

Updating and validating actuarial assumptions and model inputs

Producing financial results, disclosures and supporting control documentation

Generating stochastics scenarios using third-party Economic Scenario Generator

Perform annual regulatory reporting activities, including:





Asset Adequacy Testing (AAT) and Risk-Based Capital (RBC) analysis

Regulatory exhibits and statutory filings

Preparation and filing of the Principle Based Reserving (PBR) Actuarial Report

Support for internal and external audit requests

Perform experience studies, sensitivity testing, and analysis to support assumption setting and business insights

Support pricing initiatives and in-force management activities

Identify opportunities for model refinements and process improvements where appropriate

Perform other duties and ad hoc analyses as assigned by the Manager

Knowledge, Skills, and Experience Requirements:

2-5 years of experience at a life (re)insurance or consulting

Proficiency and working experience with Moody's AXIS is an asset

Strong working knowledge with Microsoft Office Suite (specifically Excel)

Knowledge of other programming languages and BI tools is an asset (e.g. SQL, Power BI, Python)

Detail oriented with solid analytical and problem-solving skills

Strong communication and teamwork skills, with the ability to work independently and collaboratively

Experience with stochastic modeling and Bloomberg Terminal is an asset

Experience with asset-liability modeling is an asset

Salary Range: $80,000-$90,000

Work Location : Hybrid ( 3 days in-office)

In accordance with the Accessibility For Ontarians with Disability Act (AODA), Berkshire Hathaway Group, Reinsurance Division is committed to providing accommodations throughout the recruitment process. If you require accommodation at any stage, please let us know by contacting [email protected] and we will be happy to work with you to meet your needs.

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📌 Actuarial Analyst (Ontario)
🏢 Berkshire Hathaway Group, Reinsurance Division
📍 Ontario