Actuarial Co-op

2 weeks ago

Toronto, Canada Chubb INA Holdings Inc. Full time

Job Requirements

**KEY OBJECTIVE**:
The Actuarial Coop-Student will provide Actuarial Department support for the Canadian operations by performing statistical analysis, research, actuarial modelling, and additional initiatives as priorities dictate.

**CO-OP OVERVIEW**:
**MAJOR RESPONSIBILITIES**:
Perform fundamental actuarial tasks of a mathematical and quantitative nature in support of loss reserving, product pricing, capital, reinsurance;
Compile and categorize data, documents factors and data sources to be used in computations;
Perform research and produce detailed summaries and reports;
Assist in analyzing P&C Insurance trend drivers;
Continuous learning of various actuarial concepts, techniques, and procedures.

This hands-on experience will give you the opportunity to compile and categorize data as well as document and verify factors used in computations such as those for evaluating loss and expense reserves. You will gain applicable business experience and exposure to topics that include loss development factors, trends, and profitability formulas.

Work Experience

Completion of 1-3 years in a university degree program, preferably in actuarial science, statistics, mathematics, or a related field, with strong to above-average grades;
Successful completion of at least one examination of the Casualty Actuarial Society;
Superior time management skills and demonstrated ability to prioritize and meet deadlines;
Ability to work with mínimal supervision;
Excellent communication and time management/organizational skills are required;
Comfortable working within an independent, fast paced environment;
Proficiency in Excel and Access.

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