Actuarial Associate, Life Pricing

3 weeks ago

Toronto, Canada IVARI Full time

**Welcome to**
**_ivari_**

Let us introduce ourselves. With 300 employees across Canada, ivari is a company that’s making a difference in the world of life insurance. How? By finding and hiring employees who are passionate about helping people protect their families, and by giving them the best, most supportive workplace possible.

At ivari, everyone is welcome It is our mission to attract, develop, and retain a workforce that is as diverse as the customers we serve and the communities in which we do business. We offer an inclusive and accessible work environment where all employees and customers feel valued, respected, and supported.

**Here’s the job opportunity**

We are looking for an Actuarial Associate who will be working in our Pricing Department.

**You will**
- Support individual insurance pricing projects as required which includes but is not limited to, creating and updating pricing models for pricing initiatives, evaluating product design, and assessing product profitability
- Gain exposure to core operations of a life insurance company by interacting with various business units in _ivari_ including Corporate Actuarial and Product Management
- Support other business needs such as inforce management and special quotes
- Ensure that comprehensive and reliable actuarial models are developed and monitored
- Ensure clear and concise communication to superiors, focused on business drivers
- Provide value added analysis of results, focusing on earnings and capital
- Comply with actuarial valuation standards, CIA guidance material and OSFI guidelines, including the new accounting and capital frameworks (IFRS-17 and LICAT 2023)

**What we are looking for**
- ASA working towards FSA/FCIA
- University degree in Actuarial Science, Finance, Statistics, or Mathematics
- Minimum of 2 years relevant experience in the life insurance industry
- Good life insurance product knowledge
- Familiar with actuarial modelling in AXIS from Moody’s Analytics
- Advanced Excel and database (MS Access or SQL) skills
- Strong communication skills and interpersonal skills
- Good analytical and problem-solving skills with attention to detail
- Autonomous in their development

**What's in it for you**

At ivari, it's important for us to keep our people motivated, recognized, and rewarded. We offer competitive base salaries plus a bonus, one of the many reasons ivari is a great place to work.

We also offer health and dental benefits for the entire family from Day 1 But that’s just the beginning. When you join the ivari team you also get
- A fantastic vacation plan and time off
- A pension plan with 100% match by ivari
- Employee savings plan with 75% match to help you save even more
- Flexible and hybrid work arrangements
- Opportunities for professional development
- Recognition programs to cheer you on, motivate and reward
- Wellness programs to keep you healthy and happy

**Who you are**

Someone who enjoys a culture where everyone is genuinely respectful, and you can be your authentic self every day. Your contributions and opinions are not only sought but valued. You know the importance of, and live by, our core values of
- Bringing clarity and focus to your work
- Taking ownership and doing what you say you will
- Remaining flexible
- Collaborating with others

Does this sound like you? We’re looking for great people to join our team

Our commitment to inclusivity is reflected in the safeguards, policies, and commitments we have in place to remove barriers and provide equal opportunities to prospective and current employees, without discrimination.

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