SENIOR ACTUARIAL ASSOCIATE – ACTUARIAL RISK MODELLING – LOCATION TORONTO

Job Description

SENIOR ACTUARIAL ASSOCIATE – ACTUARIAL RISK MODELLING – LOCATION EITHER BERMUDA (ONLY 6% TAX) OR TORONTO, CANADA 

About this opportunity

A leading and multi-national long-term insurer offering reinsurance on fixed-rate annuity contracts, seeks a dynamic and proactive individual to join their actuarial team focusing on the performance/re- underwriting of our strategic transactions, ALM and regulatory reporting

Responsibilities entail managing and reporting on the organisations in-force block of annuity business, and this can be expected to include: 

• Quarterly re-underwriting of transactions in our strategic reinsurance sidecar ACRA 

• Bermuda Economic Balance Sheet reporting 

• Providing support to new business transactions 

• Assisting with quarterly US GAAP and US Statutory Reporting as needed 

• Development and maintenance of liability and asset models 

• Communication of results to senior management and investors 

• Documentation and build out of necessary controls

Ideal Candidate Experience and Qualifications

• Bachelor’s degree in mathematics or any quantitative field 

• Successful completion of 3 actuarial exams with a strong desire and willingness to work towards the Fellowship of the Society of Actuaries, Associate of Society of Actuaries preferred 

• 3+ years’ experience working in the Life insurance industry 

• Strong attention to detail and ability to prioritize and manage several projects is a must 

• Demonstrated desire to take initiative and run with projects 

• Experience with any of pricing, asset-liability management, Embedded Value reporting or principal based reserving 

• Experience with US Statutory/NAIC reserving 

• Proficient in Microsoft Office suite and any actuarial valuation software 

• Comfortable working in a flat structured organization and interacting with executive management/investors is essential 

• Ability to view ‘big picture’, understand broad corporate impacts, and focus on company objectives 

• Excellent oral and written English language skills

How to apply

• To apply in confidence or request a call back on an informal basis for further information, attach your résumé or include a link to your LinkedIn profile using the email address:   gainsboroughrecruitment@gmail.com attention:  Giuglia Gainsborough-Waring; reference GGW-101