Actuary

4 weeks ago


Vancouver, British Columbia, Canada TEEMA Full time

Job Title: Actuary
Job ID: 76277
Location: North Vancouver, British Columbia

Overview:
Our client's actuaries primarily work in two areas: Insurance Pricing and Corporate Actuarial. Insurance Pricing has responsibility for overall rate recommendations for both Basic and Optional Insurance products, rate design, program evaluation, and other insurance modeling projects. Corporate Actuarial has responsibility for the estimation of the company's IBNR reserves, analyzing claims data and other relevant factors to identify future claims trends, financial reporting (discounting of unpaid claims, ULAE reserve), and capital adequacy testing to determine the company's internal capital management MCT targets. They currently have an opportunity for an Actuary to join their Pricing team.

What you will be doing:

  • Contribute to the pricing analysis, ensuring compliance with Accepted Actuarial Practice in Canada.
  • Supervise junior team members and provide peer review of their work.
  • Author reports that draw attention to critical issues and required actions.
  • Communicate complex technical results, verbally and in writing, to key internal and external stakeholders, including senior management.
  • Lead large projects.
  • Identify and implement process improvements to analytical work.
  • Develop operational knowledge in areas such as underwriting, product development, and claims processing.

What you must have:

  • Post-secondary degree and a solid knowledge of actuarial principles along with a minimum of four years of relevant experience in a variety of actuarial work areas.
  • Attained or close to attaining the Fellowship designation with the CAS (or equivalent organization).
  • Excels at collaborating with others.
  • Excellent verbal and written communication skills, complemented by solid analytical skills, critical thinking, and knowledge of the insurance landscape.
  • Excited to challenge the status quo and provide creative solutions to business problems.
  • Advanced knowledge of MS Excel is required.
  • A Master or higher degree in Actuarial Science, Statistics or other related fields is preferred.
  • Exposure to Python, SQL, R, VBA, PySpark and SAS are considered assets.

Salary/Rate Range: $116,300.00 – $165,000.00

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