Actuary/Associate Actuary, North America Pricing, GFS

Found in: Talent CA C2 - 3 weeks ago

Toronto, Canada Reinsurance Group of America Full time

Position Overview

The Actuary, Pricing, Global Financial Solutions position performs pricing, modeling, analysis, structuring, and other activities related to specific new business development opportunities for the Global Financial Solutions business unit. Works with the business development staff to determine client needs and objectives, understand and analyze client information, and design terms and structures of transactions to meet those needs and objectives. Documents risk exposure in potential transactions. Assists marketing associates by building proof-of-concept models for new opportunities or new reinsurance solutions for our clients. Assists business development associates in the development of new markets, structures, and product lines for GFS to be marketing proactively to our clients. 

Location: Canada or US (hybrid or remote)

Responsibilities

Perform pricing, modeling, analysis, and structuring activities on new or proposed transactions, or amendments to existing transactions, for the Global Financial Solutions business unit in a timely manner consistent with applicable standards. Assess and analyze risk exposure in potential transactions and prepare documentation of these risks in detailed pricing analysis reports. Develop and maintain adequate and timely documentation of professional work that complies with relevant ASOPs.  Work with the marketing staff to determine client needs and objectives, understand and analyze client information, and design terms and structures of transactions to meet those needs and objectives. Assist business development associates by building proof-of-concept models for new opportunities or new reinsurance solutions for our clients. Perform peer review on the work of other actuaries. Update documentation of Global Financial Solutions pricing methodology, parameters, and procedures. Recommend, implement, and document enhancements to the pricing process. Set realistic and achievable deadlines for modeling, analysis, and other new business development activities. Complete required tasks accurately within those deadlines.  Drive the design of reinsurance transactions and lead discussions on risk issues with internal and external clients. Provide updates on ongoing progress to supervisor and other Global Financial Solutions personnel. Assist risk management personnel with transition of new treaties to in-force monitoring and management Participate in key unit and ad-hoc department projects as needed.

Requirements

Bachelor's degree in math, finance, statistics, actuarial science, computer science or related field FSA certification (or equivalent) For Associate Actuary: 6+ years of actuarial experience in life insurance/reinsurance For Actuary: 8+ years of actuarial experience in life insurance/reinsurance Demonstrated knowledge of life insurance, health insurance, longevity, and/or annuity products Ability to take ownership in projects and drive them to completion Experience with actuarial modeling software. Highly advanced oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received Highly advanced investigative, analytical, and problem-solving skills Expert ability to balance detail with departmental goals/objectives Advanced skills in customer relationship management and change management Highly advanced ability to translate business needs and problems into viable/accepted solutions Highly advanced ability to manage multiple projects and/or teams simultaneously Highly advanced ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines Highly advanced persuasion and negotiation skills when working with internal/external customers

Preferred: 

MAAA/FCIA or other local actuarial organization accreditation CFA designation Advanced quantitative degree or designation Reinsurance industry experience Merger and acquisition experience Product design / pricing experience OR ALM / risk management experience (requirements vary with job level) Financial reinsurance, asset-intensive, or longevity pricing experience Advanced knowledge of key financial reporting, accounting, and solvency regimes, including (but not limited to): US GAAP (including FAS 97, FAS 91, FAS 133, FAS 157, and SOP 03-1), US Statutory, and US Tax; IFRS; MCEV / EV / EEV; and Solvency II. Advanced ability to model various insurance products and reinsurance structures. Advanced knowledge of life insurance, health insurance, longevity, and/or annuity products Advanced PC and technical skills including (but not limited to): spreadsheets (VBA), database applications (Access, Oracle, SQL or equivalent technology), statistical programs, and one or more computing languages Expertise in Moody’s AXIS, FIS Prophet or MG-ALFA Ability to challenge and enhance our analytical capabilities Understanding of asset modeling and asset-liability management techniques, including derivatives, and capital markets approaches

  • Associate Actuary, GFS Risk Management

    Found in: Talent CA C2 - 2 weeks ago

    Toronto, Canada Reinsurance Group of America Full time

    Position Overview RGA’s culture stresses high performance and collaboration, and the company hires the smartest people in the industry. And, the smart people they hire are not just number crunchers. RGA values creativity and curiosity. RGA also values humility, and its employees work together without ego to bring value to RGA while revolutionizing...

  • Associate Actuary

    Found in: Talent CA C2 - 3 days ago

    Toronto, Canada PartnerRe Full time

    Job DescriptionAbout this job:We have an opening for an Associate Actuary in the Corporate Actuarial Reporting team in the Toronto office reporting to the Manager, Corporate Actuarial responsible for Solvency II and Bermuda Monetary Authority (BMA) reporting. The focus of this role will be in the ongoing consolidation and process refinement of quarterly...

  • Pricing Actuary

    4 days ago

    Toronto, Canada PartnerRe Full time

    Company Description PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world. Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with...

  • Associate Actuary

    4 days ago

    Toronto, Canada PartnerRe Full time

    **Company Description** PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world. Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with...

  • Associate Actuary

    1 day ago

    Toronto, Canada PartnerRe Full time

    PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world. Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to...

  • Associate Actuary

    1 day ago

    Toronto, Canada PartnerRe Full time

    PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world. Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to...

  • Associate Actuary

    1 day ago

    Toronto, Canada PartnerRe Full time

    PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world. Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to...

  • Casualty and FinPro Pricing Actuary

    Found in: Talent CA C2 - 2 weeks ago

    Toronto, Canada Swiss Re Full time

    About the Role The Americas actuarial team within Swiss Re Corporate Solutions is looking to hire an individual to lead actuarial analyses for our long-tailed North America portfolios. This includes support for a wide range of local and global segments: Construction Excess Liability (North America) Construction Professional Indemnity (Global) ...

  • Associate Actuary

    22 hours ago

    Toronto, Canada PartnerRe Full time

    PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their...

  • Pricing Actuary

    6 days ago

    Toronto, Canada Arch Capital Group Ltd. Full time

    With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠. Department: Actuarial Location: Toronto, ON or Montreal,...

  • Actuarial Student

    Found in: Talent CA C2 - 2 weeks ago

    Toronto, Canada Reinsurance Group of America Full time

    Position Overview The RGA Co-Op/Internship Program is committed to providing students with meaningful work and a chance to gain a wide knowledge of the insurance industry and to network with fellow interns and full-time associates. We provide a welcoming environment where students are encouraged to ask questions and contribute their ideas while...

  • Associate Actuary

    Found in: Jooble CA O C2 - 1 day ago

    Toronto, ON, Canada PartnerRe Full time

    PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world. Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to...

  • Associate Actuary

    Found in: beBee S CA - 24 hours ago

    Toronto, Canada PartnerRe Full time

    Company DescriptionPartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with...

  • Actuarial Associate, Life Pricing

    7 days ago

    Toronto, Canada IVARI Full time

    **Welcome to** **_ivari_** Let us introduce ourselves. With 300 employees across Canada, ivari is a company that’s making a difference in the world of life insurance. How? By finding and hiring employees who are passionate about helping people protect their families, and by giving them the best, most supportive workplace possible. At ivari, everyone is...

  • Pricing Actuary

    1 day ago

    Toronto, Canada PartnerRe Full time

    Company Description PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world. Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with...

  • Associate Actuary

    Found in: Appcast CA C2 Glassdoor - 1 day ago

    Toronto, Canada PartnerRe Full time

    PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their...

  • Associate Actuary

    Found in: Appcast CA A2 P - 2 days ago

    Toronto, Canada PartnerRe Full time

    PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their...

  • Associate Actuary

    Found in: Talent CA 2A C2 - 4 hours ago

    Toronto, Canada PartnerRe Full time

    PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their...

  • Associate Actuary

    Found in: Whatjobs CA C2 - 1 day ago

    Toronto, Canada PartnerRe Full time

    PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their...

  • Associate Actuary

    Found in: beBee jobs CA - 1 day ago

    Toronto, Ontario, Canada PartnerRe Full time

    Company DescriptionPartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with...