Senior reserving actuary evaluating insurance liabilities for Desjardins, North America’s largest cooperative financial group.
Leading valuation models, regulatory reporting and reserving-process integration for ICPEI.
Responsibilities
Evaluate, manage and analyze actuarial reserves in a complex and evolving business context
Work on reserves for the Insurance Company of Prince Edward Island (ICPEI), a Desjardins subsidiary being integrated into DGIG
Contribute to continuity of actuarial operations and harmonization of reserving processes
Ensure the quality and relevance of analyses supporting decision-making
Lead complex and strategic files
Formulate recommendations based on rigorous analysis
Act as a resource person for various stakeholders
Conduct analyses to assess insurance contract liabilities for all products and provinces and ensure data integrity
Participate in developing and maintaining valuation models and assumptions for insurance contract liabilities
Monitor compliance with legal and professional industry requirements and market developments
Ensure actuarial services needs are considered and met
Develop and maintain models, analyze results and produce reports for the organization and regulators
Contribute to continuous improvement activities within the team
Requirements
Bachelor’s degree in actuarial science, mathematics, statistics or a related field
A minimum of six years of relevant experience in reserving
Other combinations of qualifications and relevant experience may be considered
Successful completion of at least six Casualty Actuarial Society exams or two FICA-level exams from the Canadian Institute of Actuaries
Property and casualty insurance experience
Experience explaining complex actuarial concepts in plain language
Project management experience
Knowledge of French is required for positions in Quebec
Advanced proficiency of English due to the nature of the duties or work tools or because the position involves interactions with English-speaking partners, members and/or clients
Proficiency in Microsoft Office software
Knowledge of SAS, Diva, Guidewire, Snowflake and SQL
Available for regional travel, namely Quebec City, Lévis, Montreal, Mississauga, Toronto or Calgary
Action oriented
Ambiguity
Customer Focus
Differences
Interpersonal Savvy
Nimble learning
Strategic mindset
Benefits
Competitive salary and annual bonus
4 weeks of flexible vacation starting in the first year
Defined benefit pension plan that provides predictable, stable income throughout retirement
Retirement actuarial analyst supporting WTW’s consulting team with pension valuations, modelling, and retirement program design. Developing actuarial expertise through client assignments and paid exam support.
Actuarial analyst developing tools and processes for TD Insurance’s General Insurance reserves, capital, and risk management. Collaborating with Finance, Pricing, Reinsurance, Claims, and Analytics teams.
Pricing Actuary developing BC auto insurance pricing models for Square One, a Canadian online home and auto insurer. Monitoring portfolios, supporting regulatory filings, and partnering with underwriting and product teams.
Actuarial Analyst forecasting loss ratios, claims, reserves, and financial results for TD Insurance, a Canadian provider of General, Life, and Health products. Building budgets, forecasts, and management reports.
Senior Associate in Risk Modelling Services, focusing on consulting and actuarial support for insurance. Collaborating with teams and coaching junior staff at PwC.
Manager of Actuarial at TD Insurance focusing on liability valuation and strategic planning. Collaborating with various teams to improve actuarial processes and lead projects.