15 Sep
|
Facility Association
|
Toronto
15 Sep
Facility Association
Toronto
Are you looking to work with an organization that has an impact on the insurance industry?
At Facility
Association, we pride ourselves on being a standout employer in the insurance industry. Our unique business model and size provide unparalleled opportunities, allowing you to collaborate with multiple insurance companies across different provinces and to work with teams across the organization. Join our team and experience unparalleled professional development opportunities, where your contributions truly make a difference in the insurance industry and the organization.
The FA actuarial team offers opportunities to work collaboratively in valuation, planning/forecasting, pricing and data analytics, and to work with stakeholders in the claims, underwriting and finance departments, as well as our member companies and external stakeholders. This role is a cross-functional role and the ideal candidate will bring both technical and industry-specific knowledge to the position. As an actuarial analyst reporting to the Actuarial Manager, Valuation, you will: Contribute to analyses using actuarial data, (reserve valuation, financial projections, financial reporting, ad-hoc analysis, etc.), Maintain and improve actuarial databases and queries; reconcile data, identify data issues and propose actions to correct them.
Conduct valuation analyses of claims liabilities and work with the valuation actuary to select appropriate IBNR provisions, payment patterns and loss ratio projections at a reserving segment level. Maintain documentation and risk controls throughout the actuarial processes.
Develop presentation and/or communication materials for member committees, internal stakeholders, rating agencies, and regulatory and industry presentations.
This is a hybrid role and attendance at the office is required once per week. As an actuarial analyst on the Valuation team, you demonstrate: ~ University or college degree in actuarial science, mathematics, finance, computer science or a related field ~2+ years of experience in Property & Casualty insurance (preferably Canadian) related to reserving, valuation, pricing, finance and/or capital modeling with a preference for finance, reserving and capital modelingexperience. ~Solid knowledge of Microsoft Office software (Excel, Access, Word, PowerPoint)Knowledge of at least one programming language (SQL, SAS, VBA, Python, R, etc.) ~ Database management experience is an asset ~ Valuation software experience (ResQ, Arius or similar) is an asset ~ Knowledge of Tableau or similar business intelligence tools is an asset ~ Experience using GISA data and exhibits (i.e. Canadian automobile insurance industry statistical data) is an asset ~ Ability to work independently and with a team to contribute to the successful delivery of time-sensitive projects ~ Facility Association is committed to providing accommodation for people with disabilities.
Alongside a commitment to excellence, FA is also committed to building a diverse working environment with hiring practices that encourage diversity in all its forms, including race, gender, sexual orientation, religion and ethnicity, among others.
📌 Actuarial Analyst - Pension (Toronto)
🏢 Facility Association
📍 Toronto