Technical Analyst

4 weeks ago


Toronto ON, Canada Definity Financial Corporation Full time

Reporting to the Director – Strategic Risk, Corporate Actuarial, the successful candidate will be primarily responsible for Financial Condition Testing (FCT), & other Capital modelling / monitoring initiatives. Risk Management activities as it relates to catastrophes as well as climate change and supporting both internal teams within Corporate Actuarial and external teams such as Enterprise Risk Management (ERM), Finance, Reinsurance will be secondary responsibilities of the candidate.
Perform the Financial Condition Testing process, including deciding on stress scenarios, refreshing the model with latest assumptions, running the scenarios and interpreting the results. Support Risk Management initiatives such as Catastrophe modelling, Aggregation/Concentration monitoring, and assessing impact of climate change from both a Capital & Risk Management perspectives
Assist with the strategic goals of the company such as M&A activity, limiting catastrophe risk, and assessing viability of business decisions from a Capital standpoint
Work collaboratively with other Actuarial teams such as Reserving, Planning, and external teams such as Finance, Reinsurance, Enterprise Risk Management (ERM) to solve complex problems, and provide recommendations to management.
Support leader in coaching and counselling of junior team members
Passing Exam 6-C and/or 9 would be an asset
At least 5 years of full-time actuarial experience in the insurance industry
Knowledge of Capital modelling, FCT, & IFRS 17 would be an asset
Results-driven mindset with a focus on driving business performance
Proficiency in actuarial software and programming languages (Excel, VBA, SQL, etc.)


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