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Actuarial Assistant/Analyst, Product Actuarial – 12 month contract

2 months ago


Toronto, Ontario, Canada Foresters Financial Full time
Job Summary

We are seeking an Actuarial Assistant/Analyst to join our Product Actuarial team on a 12-month contract basis. The successful candidate will support pricing actuaries in the production of deliverables for product initiatives in partnership with Product Management.

Key Responsibilities
  • Collaborate with pricing actuaries to develop high-quality pricing models using Moody's AXIS software.
  • Conduct thorough analysis of pricing models to identify potential errors and areas for improvement.
  • Develop and maintain expertise in pricing guidelines, standards, and policies.
  • Contribute to the production of cash flow projections, profit metrics, and other model output.
  • Communicate complex pricing analysis to both technical and non-technical audiences.
  • Identify opportunities to improve existing processes and infrastructure.
  • Develop a deep understanding of how the Product Actuarial team interacts with other Foresters departments.
Requirements
  • Bachelor's degree in mathematics, science, business, economics, or a relevant field.
  • One year of actuarial experience in a life or health insurance company (an asset).
  • Demonstrated progress through the SOA and CIA education and examination process.
  • Excellent communication and problem-solving skills.
  • Ability to become expert with Moody's AXIS and Microsoft Excel, Word, PowerPoint.

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