Actuarial Pricing Expert

2 months ago

Toronto, Ontario, Canada Gen Re Full time
About the Role

This is a varied role giving the incumbent breadth of scope from both a technical and client-facing perspective within Gen Re Canada. The role includes producing quotations for individual and group life/health reinsurance business, providing technical actuarial expertise on existing treaties, and conducting wider research to support client and strategic initiatives.

Main Responsibilities
  • Quotation Preparation: Preparing quotations for individual and group reinsurance business, including basis-setting, production of premium rates, and obtaining the appropriate sign-off.
  • Experience Analysis: Conducting experience analysis investigations for the purposes of monitoring Gen Re's experience and for quotations.
  • Pricing Research: Undertaking research to set general pricing bases (Terms of Trade).
  • Risk Management: Giving risk management input to product and process design.
  • Client Interaction: Client interaction and resolving technical issues for clients.
  • Presentations and Writing: Giving presentations at internal and external events and writing technical articles.
  • Support to Other Offices: Occasional support for other Gen Re offices.
Role Qualifications and Experience
  • Fellow Actuary: Fellow of the Canadian Institute of Actuaries and/or a Fellow of the Society of Actuaries.
  • Relevant Experience: At least 5 years of relevant work experience in an insurance or reinsurance environment in roles involving any of pricing, product development, and/or protection insurance.
  • Skills and Qualifications: Excellent skills in statistical and financial modeling, excellent risk management and commercial awareness, proficient user of MS Excel, proficient user of Moody's AXIS or similar modeling software, strong numerical and analytical skills, enquiring mind, proactive and able to work with minimum supervision, ability to prioritize while remaining flexible to deal with changing work demands, strong verbal and written communication skills, ability to summarize complex information clearly and concisely, strong interpersonal skills with an ability to work effectively as part of a team, partner with colleagues of various levels across all areas of the business, and engage with clients.
What We Offer

We offer a competitive compensation package, including an annual incentive bonus plan, comprehensive benefits, paid time off, and Actuarial exam support.

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