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Actuarial Rotation Program: A Career Launchpad

2 months ago

Toronto, Ontario, Canada Bank of Montreal Full time $49,000 - $90,800
Actuarial Rotation Program Overview

At Bank of Montreal, we're committed to fostering a culture of innovation and growth. Our Actuarial Rotation Program is designed to provide recent graduates with a comprehensive understanding of the actuarial profession and equip them with the skills necessary to succeed in a dynamic and ever-changing industry.

Program Highlights
  • Rotations every 18 months to diverse departments, including Corporate Actuarial and Corporate Risk
  • Opportunities to work on a wide range of projects, from pricing insurance products to analyzing competitor data
  • Collaboration with experienced actuaries and business professionals to develop expertise and build a network
  • Access to cutting-edge technology and tools to drive business growth and improve operational efficiency
  • Professional development opportunities, including training and mentorship programs
Key Responsibilities
  • Provide actuarial services expertise and advisory support for all insurance products
  • Analyze and evaluate competitor insurance products for the high net worth market and other markets
  • Develop and maintain Excel spreadsheets to accurately reflect product values, marketing concepts, and company profitability
  • Break down complex problems and analyze data to provide insights and recommendations
  • Provide input into the planning and implementation of operational programs
Requirements
  • Recent graduate with a strong academic record and a degree in actuarial science or a related field
  • Strong analytical and problem-solving skills, with the ability to work in a fast-paced environment
  • Proficiency in MS Excel and MS Access database
  • Knowledge of life insurance products is an asset
What We Offer
  • Total compensation package, including performance-based incentives and discretionary bonuses
  • Opportunities for career advancement and professional growth
  • A dynamic and supportive work environment
  • Access to cutting-edge technology and tools