Assistant Actuary, Enterprise Risk PM

Position: Assistant Actuary, Enterprise Risk PM

Company: Insurance Organization

Location: Ontario

Job ID: 19723



RESPONSIBILITIES:

- The Assistant Actuary is accountable to liaise with the Director, Integrated Risk Management, to execute the calculations and analysis required for market consistent pricing, capital allocation and risk management for PCG Insurance Operations.
- In addition this role provides support to the actuarial production of work for Risk & Financial Reporting.
- Analyze and prepare reports on Economic Capital EC and Earnings at Risk EaR.
- Provide management information on various risk mitigation strategies and make recommendations on how the performance of such risk optimization strategies may be evaluated.
- Provide management information to meet the needs and timelines of the Director, Integrated Risk Management for use in internal and external audits.
- Adhere to all aspects of First Principles our code of Business Conduct and Ethics including individual accountability as it relates to potential conflicts of interest, safeguarding of customer information, trading in securities, anti-money laundering, privacy and disclosure of outside business activities.
- Perform calculations for the Economic Capital required by Organization as part of the Capital at Risk methodology using stochastic techniques.
- Review and understand produced reports to make comments and recommendations to the Director, Integrated Risk Management, based on sound judgement and analytical ability.
- Perform research, statistical analyses and stochastic modeling and calculations in the production of the actuarial work for Risk & Reporting.
- Perform all required updates or changes to the actuarial and administration systems are done as required to support ongoing business operations.
- Provide input and ideas for continuous improvement of processes and procedures to support effective actuarial operations.
- Perform identified special projects on time and meet required objectives to support overall effective business operations.
- Provide modeling & review support for products that require stochastic modeling Review/ensure that pricing models adequately reflect all product risk and return characteristics and assumptions are appropriate.


QUALIFICATIONS:

- FSA/FCIA designation.
- Minimum: 6+ years experience.
- Understanding of Corporate Reporting Process Valuation, Projections and/or pricing analysis methodology & reporting In-depth.
- Product knowledge of Traditional, Term, and Universal Life products In-depth.
- Strong knowledge of various systems AXIS, Ingenium, Excel, Access.

Other:

- Its a small team
- New position
- Title / Salary commensurate on the ideal candidates experience

Agency/Employer: Jobs4Actuary.com
Town or City: Ontario, Canada (Abroad)
Sector: Insurance
Related Job Titles: Not stated
Permanent/Contract: Permanent, Full time
Experience: 5 years
Date: More than 60 days
Salary: Not specified

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