Actuarial Associate

3 weeks ago

Toronto, Canada Financial Services Regulatory Authority of Ontario (FSRA) Full time

FSRA is guided by our vision of financial safety, fairness and choice for Ontarians. We achieve this by public service through dynamic, principles-based and outcomes-focused regulation. FSRA is committed to attracting and retaining exceptional people who bring energy, expertise, and experience. This includes providing a comprehensive total rewards package that looks beyond compensation and takes into consideration those things that are important to employees:
- High employee engagement scores with opportunity for growth, learning and development
- Flexibility with a hybrid work model in an office designed for collaboration
- Competitive benefits plan, including a Defined Benefit pension plan
- Promoting wellness and fostering an inclusive environment where all employees feel valued and respected
- Culture of giving back to our communities through charitable activities**Job Description**:
OVERVIEW OF ROLE

As a member of the Pensions Team, you will provide actuarial services in support of regulatory oversight of Ontario pension plans industry to ensure compliance with FSRA legislation, policies and professional actuarial standards.

Additional duties will include:- Providing input to the development of actuarial policies, procedures, processes and systems.- Providing actuarial advisory services including information, advice and recommendations related to actuarial and investment matters.-
- Analyzing, monitoring and reporting on the financial health of pension plans in Ontario.- Leading and/or assisting in research projects related to industry trends and developments in actuarial practices and techniques, industry methodology, professional standards and regulatory requirements.

**Qualifications**:
Mandatory Requirement:
Associate of the Society of Actuaries or Associate of the Canadian Institute of Actuaries.

Specialized Knowledge and Experience- Demonstrated knowledge of fundamental actuarial principles and standards and actuarial mathematics related to the valuation of pension plans.- Demonstrated knowledge of principles and methodology related to financial reviews, pension fund investment management, pension plan design and funding principles.- Demonstrated knowledge of relevant pension legislation.

**Skills**:
- Proven communication, persuasion and negotiation skills to give professional advice and make recommendations to senior management on actuarial issues related to the monitoring or pension plan companies and to provide actuarial reviews and opinions.- Proven analytical and problem-solving skills to conduct complex actuarial reviews and analyses, make projections and provide sound assessments and recommendations on actuarial review matters.

Job Posting End Date:
09/05/2023

Job postings close at 11:59pm on the date noted.

Compensation Grade:
Actuary 6 - AMAPCEO

Compensation Range:
$74,877.00

$110,338.00

Bargaining Unit:
AMAPCEO

Job Code:
Job Code: 6A001N

Employment Type:
Regular

Scheduled Weekly Hours:
36.25
- FSRA is committed to ensuring equity in employment. Our goal is to create a diverse, inclusive workforce that reflects the communities we serve and to ensure our services and communications are accessible to all individuals. Accommodation is available under the Ontario Human Rights Code.
- NOTE: ONLY QUALIFIED CANDIDATES WILL BE CONSIDERED

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