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Actuarial Assistant/Analyst, Product Actuarial – 12 month contract

2 months ago


Toronto, Ontario, Canada Foresters Financial Full time
Job Summary

Foresters Financial is seeking an experienced Actuarial Assistant/Analyst to join our Product Actuarial team. As a key member of our team, you will be responsible for supporting the development of pricing models and deliverables for product initiatives.

Key Responsibilities
  • Pricing Model Development
    • Collaborate with pricing actuaries to produce high-quality pricing models and deliverables.
    • Develop a deep understanding of pricing models and their impact on product initiatives.
  • Model Validation and Quality Assurance
    • Verify the accuracy of pricing models and identify potential errors or inconsistencies.
    • Develop and implement quality assurance processes to ensure model integrity.
  • Communication and Collaboration
    • Communicate complex pricing analysis to both technical and non-technical stakeholders.
    • Collaborate with cross-functional teams, including Product Management, Risk Management, and Finance.
  • Professional Development
    • Develop expertise in Moody's AXIS software and Microsoft Excel, Word, and PowerPoint.
    • Stay up-to-date with industry trends and regulatory requirements.
Requirements
  • Education
    • Bachelor's degree in mathematics, science, business, economics, or a related field.
  • Experience
    • One year of actuarial experience in a life or health insurance company (an asset).
  • Skills
    • Strong communication and problem-solving skills.
    • Ability to work in a fast-paced environment and prioritize multiple tasks.
    • Proficiency in Moody's AXIS software and Microsoft Office.
What We Offer

Foresters Financial offers a dynamic and supportive work environment, opportunities for professional growth and development, and a competitive compensation package.