Senior Actuarial Analyst

4 weeks ago


Old Toronto Ontario, CA Northbridge Financial Corporation Full time

What it’s like to be a Northbridge Senior Actuarial Analyst, Corporate Actuary

Our Corporate Actuarial team is known in the organization for being experts at providing reserving and claims insights to other departments. The team uses their strong technical actuarial knowledge to not only ensure that our reserves are adequate to protect our customers, but also to provide insights for stakeholders to make crucial operational and strategic decisions.

As a key contributor, you are tasked with the challenge of painting a picture of the company’s financial health by combining data (compiling and analyzing) and applying models for the purpose of reviewing loss reserves on a regular basis, performing financial condition testing, reporting on financials including preparation of the annual, appointed Actuary report in close collaboration with our Chief Actuary. You will be preparing the necessary documents for the Appointed Actuary and the Financial Condition Testing report.

Senior analysts on the team are coaches and influential contributors; in collaboration with other actuaries and data scientists within our team, there are opportunities for developing new reserving methodologies and utilizing new tools to ensure that Northbridge stays on the cutting edge in this competitive industry.

We want your talent

If you are great at:

  • Compiling and analyzing data for analysis of loss reserves and loss adjustment expense reserve adequacy
  • Developing and verifying sources of data for analysis to ensure data is sufficient, current, and accurate
  • Collaborating with teammates to ensure proper communication of observed trends to key stakeholders
  • Coaching and mentoring junior team members
  • Researching, developing, and implementing new approaches to reserving and stress testing
  • Examining applicable statutes and precedents to prepare supporting materials for reports for submission to regulatory authorities

If you have:

  • Bachelor's Degree in Actuarial Sciences or a Master’s Degree in Mathematics
  • Experience in Reinsurance
  • P&C Reserving and Stress Testing (FCT/DCAT) Experience
  • Passed at least 5 of the 9 CAS exams, or relevant experience
  • Key Software expertise (SAS, Excel, VBA an asset)

We really mean it when we say we put you first. Here are a few ways how:

  • Hybrid work You get to work from the office and at home 50/50, allowing you to manage both worlds with the ease and flexibility you need.
  • We offer competitive salaries and support your financial health through our employee share purchase plan, pension plans, RRSP, discounts on staff insurance, and more
  • We help you prioritize your well-being from day one through flexible health benefits, early leave days, wellness programs, rewards, and recognition programs.
  • We are invested in helping you grow in your career through education assistance to complete your CIP, FCIP, CRM or other courses desired, internal mobility, Leadership training and mentoring programs.
  • NBFC cares about the community and supports the causes you believe in with donation matching and team volunteer days.

#LI-AK1 #LI-Hybrid #INDNB

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