Actuarial Analyst, Capital Management Purpose of role The Actuarial Analyst is a key member of the Capital Management team within Corporate Actuarial and works closely with various actuarial and finance partners in a dynamic and challenging environment. The role supports quarterly regulatory capital reporting (primarily LICAT) and contributes to capital management initiatives and analysis. This role offers exposure across key aspects of capital management, including LICAT, RBC, Solvency II, and excess deployable capital. You will work with senior team members to support the quarterly capital cycle, including capital sensitivities and forecasting, and gain experience with actuarial and financial modeling tools (e.g., AXIS and Excel-based models). You may also support responses to regulatory requests (e.g., impact studies and data calls) as regulatory capital requirements evolve.
Job Description Key Responsibilities 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 professional 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




Solid personal accountability. Results and impact oriented Excellent report writing and communications skills
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Salary Range: $59,000.00 - $84,700.00 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 – at Foresters Financial, we are committed to sustaining an equal opportunity 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 our 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 any type of accommodations during the recruitment process, please email [email protected] in advance of your appointment. Thank you for choosing Foresters. Only those candidates who will be selected for further consideration will be contacted by our Talent Acquisition Team.
Foresters Financial is an international financial services provider with a unique history that began in 1874 when we set out to provide access to life insurance for average, working families. More than 150 years later, we provide life insurance, savings, retirement and investment solutions that help families achieve long-term financial health and security.

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📌 Actuarial Analyst, Capital Management (Ontario)
🏢 Foresters Financial Services
📍 Ontario