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Senior Analyst

2 months ago


Richmond Hill, Ontario, Canada Definity Financial Full time
Job Title: Financial Condition Testing Specialist

Join our team at Definity, a leading property and casualty insurer in Canada, as a Financial Condition Testing Specialist. In this role, you will play a critical part in ensuring the financial stability of our organization.

About the Role
  • Perform Financial Condition Testing (FCT) processes, including model refreshment, scenario running, and enhancements.
  • Contribute to Economic Capital Modelling activities, including Own Risk and Solvency Assessment (ORSA) Stress Testing and Reporting.
  • Assist in setting capital targets for the Enterprise.
  • Support Risk Management initiatives, such as Catastrophe modelling, Aggregation/Concentration monitoring, and climate change impact assessments.
  • Collaborate with Actuarial teams and external teams to solve complex problems.
  • Identify opportunities for process efficiencies and recommend changes.
  • Support leadership in coaching and counselling.
What We're Looking For
  • University degree in Actuarial Sciences, Mathematics, or Statistics.
  • Completed a minimum of 4 exams of the Casualty Actuarial Society or equivalent credentials.
  • At least 3 years of full-time actuarial experience in the insurance industry.
  • Knowledge of Capital modelling, FCT, and IFRS 17 is an asset.
  • Ability to work independently and collaborate with cross-functional teams.
  • Results-driven mindset with a focus on driving business performance.
  • Proficiency in actuarial software and programming languages (Excel, VBA, SQL, etc.).
  • Strong communication and presentation abilities to convey complex concepts.
What We Offer
  • Hybrid work schedule for most roles.
  • Company share ownership program.
  • Pension and savings programs, with company-matched RRSP contributions.
  • Paid volunteer days and company matching on charitable donations.
  • Educational resources, tuition assistance, and paid time off to study for exams.
  • Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents.
  • Wellness and recognition programs.
  • Discounts on products and services.

Definity is committed to creating an inclusive work environment that welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know.

Definity is a leading property and casualty insurer in Canada, with a strong commitment to innovation and customer satisfaction. We offer a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with.