Full-time

#LI-Hybrid

Salary Range:

$59,000.00 - $84,700.00

Support preparation of the quarterly LICAT regulatory capital filing using AXIS and Excel tools, including checks for reasonability, explanation of movements and supporting analysis

Support forecasting of the LICAT capital ratios in advance of quarter-end

Assess the impact on the LICAT ratios from actuarial basis changes and provide assistance on various capital management business initiatives under consideration

Provide inputs and support for material to be presented at the quarterly Capital Management Committee meetings, including any support for ad hoc capital-related initiatives and projects

Provide LICAT capital input to partners (e.g. pricing initiatives or ORSA related analysis) with guidance as needed

Support the ongoing development, maintenance, and model governance of LICAT models and calculators within AXIS and Excel

Support the internal and external audit of the LICAT calculation

Being innovative and supporting the implementation of process improvements to drive ongoing value from capital reporting

Keep the documentation current and ensure the documentation is appropriate and consistent with qualified actuarial standards and in compliance with all applicable legislation

Key Qualifications

Bachelor’s degree in mathematics, science, business, economics, or another relevant field

A minimum of one to two (1-2)



year of actuarial experience in a life or health insurance company an asset

Progress towards Society of Actuaries (SOA) exams (or intent to pursue) with the longer-term goal of achieving the FSA & FCIA.

Exposure to the financial services or insurance industry, including insurance products (e.g., life insurance, annuities, segregated funds) and Canadian and/or U.S. valuation and solvency frameworks, is an asset

Experience with various computer systems. These include the valuation system (e.g. AXIS), Microsoft Office software (e.g. Excel), and databases (e.g. SQL Server)

Working knowledge of relational databases and programming languages

Strong time management skills and ability to multi-task and respond to evolving organizational needs

Strong personal accountability. Results and impact oriented

Excellent report writing and communications skills

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.

Please note that this posting is intended to fill an existing vacancy; however, there may be instances where more than one vacancy is available for the same role.

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