Actuarial Associate

6 days ago

Toronto, Canada BMO Financial Group Full time

250 Yonge Street Toronto Ontario,M5B 2L7

This position is accountable to the Director, Capital & Inforce Management, to assist in the execution of various capital & inforce management activities.

Responsibilities include:

- Assist in the production of quarterly LICAT filing
- Provide support in the implementation of the LICAT guideline changes and various capital optimization initiatives.
- Conduct analysis and assessment on results
- Implement enhancements to the capital & inforce management process
- Update and create documentation and procedures for processes as appropriate, as well as prepare change management documentation
- Develops solutions/tools and makes recommendations based on an understanding of the business strategy and stakeholder needs.
- Conducts independent analysis and assessment to resolve strategic issues.
- Builds effective relationships with internal/external stakeholders.
- Breaks down problems, and analyses data and information to provide insights and recommendations.
- Participates in the design, implementation and management of core business/group processes.
- Checks and reviews various outputs from models
- Exercises judgment to identify, diagnose, and solve problems within given rules.
- Works independently on a range of complex tasks, which may include unique situations.
- Broader work or accountabilities may be assigned as needed.

**Qualifications**:

- Completion of a University degree in Actuarial Science, Mathematics, Finance, or a similar discipline.
- Completion of at least 4 SOA or equivalent actuarial exams and actively pursuing fellowship.
- Minimum of 2+ year’s experience.
- Working understanding of Corporate Actuarial and/or Pricing analysis methodology & reporting.
- Excellent working knowledge of Microsoft Office - Excel, Word and PowerPoint.
- Knowledge of Life Insurance products is an asset.
- Knowledge of Moody’s Analytics AXIS is an asset.

**Skills**:

- Business Acumen (Working)
- Analytical Skills (Working)
- Communication Skills (Working)
- Influence (Working)
- Relationship Management (Working)
- Risk Management (Working)

**Salary**:
$60,000.00 - $111,700.00

**Pay Type**:
Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

**We’re here to help**

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

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