Foresters Financial

Foresters Financial

Actuarial Analyst

Toronto · Staff+

Sponsorship not specified$59k-$85kDetected 35 days ago
SQLRESTFinancial AnalysisExcelValuationRecruitingResearchCommunicationTime ManagementMicrosoft OfficeIFRSFinancial ReportingActuarial Science

About the role

  • 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.

Responsibilities

  • Support quarterly IFRS17 reporting activities, including but not limited to, liability data and asset data loading, valuation assumption changes, Risk Integrity reporting project setup and processing, MD&A earning analysis, and OSFI life returns filing
  • Support basis changes work, implementation of model including New Business implementation, and process improvements to drive ongoing value from department reporting and analysis
  • Support the communication of information with auditors, regulators and external consultants on key deliverables related to IFRS 17
  • Support implementation of model and process improvements to drive ongoing value from department reporting and analysis
  • Maintain appropriate actuarial process documentation consistent with professional actuarial standards and in compliance with all applicable legislation
  • Keep developing collaborative working relationships with key stakeholders within Corporate Actuarial, Product Actuarial, Finance, IT and Capital management, Business Planning and Strategy teams

Requirements

  • Knowledge of Canadian and U.S. valuation and solvency regimes
  • Must have the ability to present ideas and negotiate through effective communication across multiple disciplines and at all levels, both internally and externally
  • Bachelor's degree in mathematics, science, business, economics, or another relevant field

Skills

  • Career Opportunity
  • Actuarial Analyst
  • Purpose of role
  • The Actuarial Student will be working closely with actuarial staff in a dynamic and challenging environment.
  • The incumbent will gain exposure across a wide range of actuarial disciplines for business in both Canada and the U.S.

Compensation

  • 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.
  • $59,000.00 - $84,700.00
  • Support the preparation of the annual Appointed Actuary Report (AAR) for both the enterprise and the Canadian insurance subsidiary

Benefits

  • One (1) year of actuarial experience in a life or health insurance company an asset

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 accommodations@foresters.com 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.
  • Employment and Inclusion - at Foresters Financial, we are committed to sustaining an equal opportunity environment for all job applicants.

This listing is sourced directly from Foresters Financial's careers page and normalized into a canonical job model.